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.