Fees
Fee Structure
Trading fees 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: 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 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 fees is paid out as rebates. Rebates are paid out once every 24 hours and are settled in 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 calculated.
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