# Benefits & Use Cases

### The main benefits of THORSynths are:

* <mark style="color:blue;">**Lower fees compared to L1 Trading:**</mark>\
  Transaction fees = 0.02 $RUNE ($0.25)\
  Swapping fees = 0.04 $RUNE ($0.5)
* <mark style="color:blue;">**Faster transactions**</mark> when trading (5 secs avg. transaction time)
* <mark style="color:blue;">**Swap**</mark> synths for any other token available on [THORSwap](/thorswap/thorswap.md)

The minting of each Synth represents the LP of a native asset, essentially, 50% will be sold to purchase $RUNE, leading to positive price action and increase THORChain TVL.

Synths can be used for cheap & fast trading on [THORSwap](/thorswap/thorswap.md) and arbitrage opportunities (you only interact with THORChain, so no need to worry about different chains, gas prices, wallets). <br>


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