Trading terminal fill quality 2026: what a swap costs on Axiom, GMGN, FOMO, Photon, Trojan, measured on-chain
TradingHeadline: All chains
| Provider | Cost per swap | Terminal fee | Network | Pool | Failed swaps |
|---|---|---|---|---|---|
| Maestro | 484 bps | 97.9 bps | 93.0 bps | 169 bps | 0.78% |
| Phantom | 247 bps | 84.7 bps | 9.22 bps | 99.4 bps | 2.13% |
Random sample (1,000 a day per Solana row, 6,000 per EVM row) 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.