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Trading Fees

Taker Fee: 2 bps (0.02%), charged when you remove liquidity (market orders, aggressive limit orders)
  • Example: $10,000 trade × 0.02% = $2 fee
Maker Fee: 0 bps, no fee when you add liquidity (limit orders that rest on the book) Fee Unit: Basis points (bps) = 0.01% = 1/10,000

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Liquidation Fees

When positions are liquidated:
  • Atomic Liquidations: Standard trading fees apply
  • Backstop Liquidations: Haircut taken from remaining collateral; rate varies by leverage tier