Liquidity providers earn trading fees, RAPH emissions, or both. Voters receive trading fees allocated by the protocol and incentives deposited for the pools they vote on.

Raphael Exchange is a ve(3,3) decentralized exchange on Robinhood Chain.

veRAPH holders govern the protocol by voting each epoch on where RAPH emissions go.

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Exchanges (DEX)

Raphael Exchange

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

Raphael Exchange

Gas used

Gas used

Competitive landscape