{
  "service": "lp_tier_plan",
  "name": "Which PancakeSwap fee tier is actually paying its liquidity providers",
  "price_display": "0.10 $U",
  "task": "which PancakeSwap fee tier is actually paying for 0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82, placing $1000 of liquidity",
  "produced_at": "2026-09-16T11:30:50.771Z",
  "took_ms": 8215,
  "result": {
    "service": "lp_tier_plan",
    "plan": {
      "service": "lp_tier_plan",
      "pair": {
        "token": {
          "address": "0x0e09fabb73bd3ade0a17ecc321fd13a19e81ce82",
          "decimals": 18,
          "symbol": "Cake"
        },
        "quote": {
          "address": "0xbb4cdb9cbd36b01bd1cbaebf2de08d9173bc095c",
          "symbol": "BNB"
        }
      },
      "capital_considered_usd": 1000,
      "measured_window": {
        "from_block": 122206001,
        "to_block": 122213900,
        "blocks": 7900,
        "minutes": 59.3,
        "note": "A single sample of live chain, not a rate. It is not annualised here and should not be annualised from here: an hour of flow says what happened in that hour."
      },
      "tiers_found": 5,
      "tiers_measured": 5,
      "tiers": [
        {
          "tier": "V2 0.25%",
          "pool": "0x0ed7e52944161450477ee417de9cd3a859b14fd0",
          "fee_pct": 0.25,
          "capital_in_pool_usd": 19222779.83,
          "capital_at_the_price_usd": 189391.61,
          "share_of_pool_at_the_price_pct": 0.99,
          "measured": true,
          "swaps": 117,
          "volume_usd": 9117.5,
          "your_fees_usd_in_window_if_placed_at_the_price": 0.11972,
          "your_fees_usd_in_window_spread_like_the_pool": 0.001186
        },
        {
          "tier": "V3 0.01%",
          "pool": "0x1e213600fa9317feac4ef4087acdf5d0e25d7187",
          "fee_pct": 0.01,
          "capital_in_pool_usd": 23320.91,
          "capital_at_the_price_usd": 3830.29,
          "share_of_pool_at_the_price_pct": 16.42,
          "measured": true,
          "swaps": 228,
          "volume_usd": 4093.57,
          "your_fees_usd_in_window_if_placed_at_the_price": 0.084748,
          "your_fees_usd_in_window_spread_like_the_pool": 0.016831
        },
        {
          "tier": "V3 0.05%",
          "pool": "0xafb2da14056725e3ba3a30dd846b6bbbd7886c56",
          "fee_pct": 0.05,
          "capital_in_pool_usd": 1065401.87,
          "capital_at_the_price_usd": 115125.13,
          "share_of_pool_at_the_price_pct": 10.81,
          "measured": true,
          "swaps": 126,
          "volume_usd": 58260.97,
          "your_fees_usd_in_window_if_placed_at_the_price": 0.250854,
          "your_fees_usd_in_window_spread_like_the_pool": 0.027317
        },
        {
          "tier": "V3 0.25%",
          "pool": "0x133b3d95bad5405d14d53473671200e9342896bf",
          "fee_pct": 0.25,
          "capital_in_pool_usd": 5062005.76,
          "capital_at_the_price_usd": 179296.26,
          "share_of_pool_at_the_price_pct": 3.54,
          "measured": true,
          "swaps": 2,
          "volume_usd": 3960.4,
          "your_fees_usd_in_window_if_placed_at_the_price": 0.054915,
          "your_fees_usd_in_window_spread_like_the_pool": 0.001956
        },
        {
          "tier": "V3 1.00%",
          "pool": "0xd710dac10b7255fcc0ec929a0e742a18f25b6395",
          "fee_pct": 1,
          "capital_in_pool_usd": 3393.43,
          "capital_at_the_price_usd": 61.31,
          "share_of_pool_at_the_price_pct": 1.81,
          "measured": true,
          "swaps": 0,
          "volume_usd": 0,
          "your_fees_usd_in_window_if_placed_at_the_price": 0,
          "your_fees_usd_in_window_spread_like_the_pool": 0
        }
      ],
      "best_paying_tier": "V3 0.05%",
      "most_capital_tier": "V2 0.25%",
      "band_pct": 2,
      "best_paying_tier_at_the_price": "V3 0.05%",
      "most_capital_at_the_price_tier": "V2 0.25%",
      "the_denominator_changes_the_answer": false,
      "capital_is_in_the_best_paying_tier": false,
      "idle_capital": [
        {
          "tier": "V3 1.00%",
          "capital_usd": 3393.43,
          "pool": "0xd710dac10b7255fcc0ec929a0e742a18f25b6395"
        }
      ],
      "move_worth_it": {
        "from": "V2 0.25%",
        "to": "V3 0.05%",
        "extra_fees_usd_per_window": 0.131134,
        "assumed_move_cost_usd": 0.6,
        "windows_to_break_even": 4.58,
        "hours_to_break_even_if_this_rate_held": 4.52,
        "measured_on": "capital standing within 2% of the price in both tiers, with this position's own size in the denominator",
        "caveat": "The rate is a single measured window. This is what would have to hold for the move to pay, not a forecast that it will."
      },
      "no_move_because": null,
      "not_compared": {
        "same_venue_other_quotes": [
          {
            "quote": "USDT",
            "pools": 5,
            "held_usd": 2104480.95
          },
          {
            "quote": "BUSD",
            "pools": 5,
            "held_usd": 512859.94
          },
          {
            "quote": "USDC",
            "pools": 5,
            "held_usd": 8382.8
          },
          {
            "quote": "USD1",
            "pools": 4,
            "held_usd": 9.56
          }
        ],
        "other_venues": [
          {
            "venue": "Biswap",
            "quote": "BNB",
            "pools": 1,
            "held_usd": 35788.29
          },
          {
            "venue": "Uniswap V2",
            "quote": "BNB",
            "pools": 1,
            "held_usd": 80
          },
          {
            "venue": "Biswap",
            "quote": "BUSD",
            "pools": 1,
            "held_usd": 11.51
          },
          {
            "venue": "Biswap",
            "quote": "USDT",
            "pools": 1,
            "held_usd": 1.67
          },
          {
            "venue": "Uniswap V2",
            "quote": "USDT",
            "pools": 1,
            "held_usd": 0.65
          }
        ]
      },
      "limits": [
        "Capital is both sides of the pool in dollars, not one side. On V3 the two sides are not worth the same, and dividing by one of them makes the identical pool look several times better or worse depending on which token you call the quote.",
        "Capital is what the pool contract holds. Working capital is the part of it standing within 2% of the current price, read from the pool's own tick data — the rest is on the balance sheet and earns nothing while the price is where it is. The two denominators answer different questions and both are given: parked capital is what a tier returns on money already committed to it, working capital is what it returns on a dollar you have not committed yet.",
        "Working capital assumes the price stays inside the band. It will not stay there forever, and a position placed there stops earning the moment it leaves — so the working figure is the better guide to where a dollar earns today and says nothing about how long it keeps earning.",
        "The tick walk behind the working figure was checked against PancakeSwap's own quoter on live pools and agreed to within 0.002%, the difference being the pool rounding in its own favour at every tick it crosses.",
        "Token priced at one hop through BNB; the pool totals inherit that.",
        "Fees are the pool fee applied to measured turnover. PancakeSwap pays a share of that to the protocol, so what reaches liquidity providers is somewhat less.",
        "Impermanent loss is not in this figure. A tier can pay best and still be the worse place to be.",
        "Ranking covers the 4 of 5 readable tiers that traded in this window."
      ]
    }
  },
  "note": "Run by the same code a funded job runs, on the sentence the hire box opens with. Not a paid job; the figures are from the moment above.",
  "cached": true
}