Skip to main content

​
Fees

​
Cashback Program

Our universal cashback program applies across all markets - spot, prediction markets, and future markets. You level up as you trade more, earning greater cashbacks that reduce your effective trading fees.

​
Tier 1

  • Cashback: 0.25%
  • Net Fee Reduction: 0.25%

​
Tier 2

  • Cashback: 0.30%
  • Net Fee Reduction: 0.30%

​
Tier 3

  • Cashback: 0.35%
  • Net Fee Reduction: 0.35%

​
Tier 4

  • Cashback: 0.40%
  • Net Fee Reduction: 0.40%

​
Tier 5

  • Cashback: 0.45%
  • Net Fee Reduction: 0.45%
The cashback is applied to your base trading fee, regardless of the market type you’re trading in.

​
Spot Market

Base Fee: 1.00% With our cashback program, your effective trading fees for spot markets are:
  • Tier 1: 0.75% (1.00% - 0.25% cashback)
  • Tier 2: 0.70% (1.00% - 0.30% cashback)
  • Tier 3: 0.65% (1.00% - 0.35% cashback)
  • Tier 4: 0.60% (1.00% - 0.40% cashback)
  • Tier 5: 0.55% (1.00% - 0.45% cashback)

​
Prediction Market

For prediction market trades, we use a dynamic fee structure based on market conditions: Base Fee Formula: Fee = round_up(0.07 × C × P × (1 - P)) Where:
  • C is the amount of shares being traded
  • P is the current probability (price) of the outcome, expressed as a decimal between 0 and 1
  • The result is rounded up to the nearest unit
Note: Cashback from our tier program applies to the calculated fee, reducing your effective trading costs.

​
How it Works

The fee calculation automatically adjusts based on:
  1. Trade Size (C): Larger trades incur proportionally higher fees
  2. Market Probability (P): The fee changes based on how certain the market is about an outcome
  3. Volatility Factor (P × (1 - P)): This reaches maximum when P = 0.5 (50% probability), meaning the market is most uncertain

​
Base Fee Examples (Before Cashback)

  • When P = 0.5 (50% probability): Maximum fee = 0.07 × C × 0.25 = 0.0175 × C
  • When P = 0.1 (10% probability): Fee = 0.07 × C × 0.09 = 0.0063 × C
  • When P = 0.9 (90% probability): Fee = 0.07 × C × 0.09 = 0.0063 × C
  • When P = 0.01 or 0.99 (extreme probabilities): Minimum fee = 0.07 × C × 0.0099 ≈ 0.000693 × C
This dynamic fee structure ensures:
  • Fair pricing based on market uncertainty
  • Lower fees when outcomes are more certain (very high or very low probabilities)
  • Balanced liquidity provision across all probability levels
  • Additional savings through our universal cashback program

​
Perpetuals (Perps)

We integrate with Hyperliquid Build Code to provide perpetual futures trading. Our platform charges the industry’s lowest builder fee of 0.010% for perpetual trades. Builder Fee: 0.010% This ultra-low builder fee provides exceptional value for perpetual futures traders.