Fees

We have designed our fee system to reward active traders and make every trade count. Here's how it works:

📈 Volume-Based Fees

• Rolling 14-Day Volume: Your fee tier is based on your trading volume over the past 14 days.

• Daily Assessment: Fees are calculated at the end of each day (UTC).

• Sub-Accounts: Volume from sub-accounts contributes to the master account’s fee tier. All sub-accounts share the same tier.

• Vault Accounts: Vault volume is tracked separately and does not affect the master account’s tier.

🎁 Referral Rewards & Discounts

• Referral Rewards: Earn rewards on your first $1 billion in trading volume.

• Referral Discounts: Enjoy fee discounts on your first $25 million in volume.

• Claiming Rewards: Head to the Referrals page to claim your earnings.

🔄 Spot vs Perps Fee Schedules

• Separate Schedules: Spot and perpetual (perps) markets have distinct fee structures.

• Combined Volume for Tiering: Your fee tier is determined by combining both:

  • Perps Volume (14-day)

  • Spot Volume (14-day) — counted double toward your tier

  • Formula: $14d Weighted Volume=Perps Volume+2×Spot Volume14d Weighted Volume=Perps Volume+2×Spot Volume$

Perps fee tiers

Tier	14d weighted volume ($)	Taker	Maker
0		0.0445%	0.013%
1	>5m	0.038%	0.011%
2	>25m	0.033%	0.007%
3	>100m	0.029%	0.003%
4	>500m	0.027%	0.000%
5	>3B	0.025%	0.000%

Spot fee tiers

Tier	14d weighted volume ($)	Taker	Maker
0		0.068%	0.038%
1	>5m	0.058%	0.028%
2	>25m	0.048%	0.018%
3	>100m	0.038%	0.008%
4	>500m	0.028%	0.000%
5	>3B	0.0235%	0.000%