Most exchanges bait you with 'low fees' then bleed you dry on execution

You're getting sandwiched. You're getting spread-widened. You're the exit liquidity.

And those low fees? They don't compound into meaningful buybacks. You're literally farming THEM instead of the reverse.

What actually matters:
• Verifiable matching engine (no hidden MEV)
• Deep liquidity (tight spreads, real fills)
• Fees that flow into buybacks → holder value
• Token utility that compounds over time

That's the only model that works long-term. Everything else is a slow rug.