> For the complete documentation index, see [llms.txt](https://docs.squadswap.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.squadswap.com/platform/products/swap.md).

# Swap

SquadSwap allows you to easily swap tokens on the BNB Chain network, providing real-time tracking of token values to execute transactions at optimal rates. When initiating a swap, SquadSwap automatically determines the most efficient route considering output amount and slippage.

In Dynamo (Changeable V2), the standard simplicity of Classic V2 is maintained, but the liquidity pool fee is adjustable, allowing the platform to respond flexibly to market conditions. WOW (Changeable V3) also offers adjustable fees within multiple tiers, preserving the concentrated liquidity benefits of Classic V3 while enabling dynamic fee adjustments without requiring liquidity migration. Detailed explanations and boundaries for these fee adjustments are provided in the [Liquidity Pool](/platform/products/liquidity-pool.md) section.

<img src="/files/Y9Bkmb1OchCEwOYcmJ97" alt="" class="gitbook-drawing">

Fees collected from transactions are distributed with **90% allocated to liquidity providers** and 10% to the SquadSwap treasury. Read more about the distribution of fees in [Fee Manager](/platform/fee-manager.md).
