Protocol Revenue

See below for a full breakdown of all fees incurred through the usage of the platform:

  • Position fee for perpetual trading: x% of position size (open/close)

  • Liquidation fee: $10

  • Funding Rate: Traders pay a Funding Rate every 8 hours. The fee is calculated dynamically based on the long & short-position rates

  • Maximum Funding Rate: x% per hour (at 100% utilization)

  • Mint Fee (PLP & PEX): Dynamic

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