Execution Engine5 min read
Priority Fees
Understanding and optimizing Solana priority fees
How Priority Fees Work
Solana uses priority fees to determine transaction ordering within a block. Higher fees generally result in faster confirmation, but overpaying wastes resources.
NEXO Fee Optimization
Our system analyzes real-time network conditions to calculate the optimal priority fee for your transaction.
Fee Strategies
- •Economy - Lowest fees, longer confirmation time
- •Standard - Balanced fees and speed
- •Fast - Higher fees for quick confirmation
- •Instant - Maximum priority for time-sensitive transactions
typescript
// Set fee strategy
const tx = await client.execute({
transaction: myTransaction,
feeStrategy: 'standard', // or 'economy' | 'fast' | 'instant'
maxFee: 0.001 // SOL - optional cap
});Dynamic Adjustment
NEXO continuously monitors network congestion and adjusts fee recommendations in real-time. During high-traffic periods, we automatically increase fees to maintain confirmation times.