Fees

Trading fees

Fee tier
Fee
Fee High Leverage
Requirements
0
20bps
50bps
None
1
15bps
40bps
>500 FIDA
2
15bps
30bps
>1,000 FIDA
3
10bps
25bps
>10,000 FIDA
4
10bps
20bps
>100,000 FIDA
5
10bps
15bps
>1,000,000 FIDA
The Extra Leverage Fees apply when leverage greater than 8x is selected

Allocation Fee

The allocation fee is a flat fee (0.01 USDC) charged when opening a position, it is also refunded when the position is closed without being liquidated. In the case of a liquidation, it is transferred to the garbage collection cranker who sends the successful transaction that collects the memory slot of the position in the liquidation tree data structure.
Last modified 3mo ago