Transaction Fee Structure:
- Maker Fee: 0.02%
- Taker Fee: 0.20%
- VIP1: Decreases to 0.18% at $10,000 monthly volume.
- VIP2: Decreases to 0.16% at $100,000 monthly volume.
- VIP3: Decreases to 0.14% at $1,000,000 monthly volume.
- VIP4: Decreases to 0.12% at $10,000,000 monthly volume.
- VIP5: Decreases to 0.10% at $100,000,000 monthly volume.
- VIP6: Decreases to 0.08% at $1,000,000,000 monthly volume.
Discounts / Rebates:
- 200% rebate for paying transaction fees in WTR
- effective maker fee: -0.02%
- Applies to all orders $100 or more
- Can pay up to 25% of fees in WTR
- WTR transaction fee redemption value: $0.70 per WTR
- Your effective maker rebate is even higher so long as WTR < $0.70!
Reward / Rebate Disbursement & Redemption:
- Rebates are calculated and distributed weekly
- Rebates are given as credits on the platform.
- Credits can be redeemed for USDC at any time.
- Fees & rebates are the same for all platform participants.