Fees
Fee Structure
Trading fees on Defx are calculated based on a rolling 30 day trading volume. At 0000 UTC every 24 hours, a snapshot of your trading activity over the last 30 days is taken, and your trading volume is computed.
Tiers for all users:
Standard User
<=$5,000,000
0.055%
0.02%
VIP 1
>$5,000,000
0.05%
0.018%
VIP 2
>$10,000,000
0.045%
0.016%
VIP 3
>$50,000,000
0.04%
0.014%
VIP 4
>$100,00,000
0.03%
0.01%
VIP 5
>$500,000,000
0.02%
0.005%
Upcoming Tiers for Defx Market Makers Program
MM 1
>1%
0.025%
-0.001%
MM 2
>2%
0.020%
-0.002%
MM 3
>3%
0.015%
-0.004%
MM 4
>4%
0.010%
-0.005%
MM 5
>10%
0.010%
-0.010%
Fee Mechanics
At Defx, currently, at the time of the trades, trades will incur a standard maker and taker fee based on Standard User Tier. If you are eligible for a higher tier, the difference in fee is paid out as rebates. Rebates are paid out once every 24 hours and are settled in the quote asset, USDC. At 0000 UTC every 24 hours, a snapshot of your trading activity over the last 30 days is taken, and your trading volume is computed.
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