Trading terminal fill quality 2026: what a swap costs on Axiom, GMGN, FOMO, Photon, Trojan, measured on-chain
Trading| Provider | Cost per swap | Terminal fee | Network | Pool | Failed swaps |
|---|---|---|---|---|---|
| Bloom | 472 bps | 98.5 bps | 97.0 bps | 59.6 bps | 7.96% |
| Phantomprovisional | 254 bps | 84.7 bps | 10.8 bps | 96.0 bps | 2.40% |
Random sample (150 a day per row, Solana and EVM alike) of the swaps each terminal routed, every attempt counted for the fail rate. Reference = the pool's state before the swap (its reserves, or the previous trade within 60 s); swaps without one keep their split, no loss figure. Published from 50 priced swaps pooled over the product's chains at 25 or more (a single-chain product from 25), ranked from 100; the median's 95 % interval is in the JSON. Compare medians, not single swaps.