Fees

Taker Fees

Fees are paid by the taker of an order to the protocol treasury. Taker pays 50bps fee (0.5%) of the entire collateral. These fees are proportional to the collateral required to establish the position. The calculation for taker fees is as follows.

$$\text {Taker Fees} = \text{Fill Fee Bps} \times \text{Collateral}$$

whereby

$$\text{Collateral} = \text{Order size} \times \text{(Cap - Floor)}$$