Platform Fees

1. Close an order

When closing an order you created, whether it's an order to buy or sell, you will incur 0.5% fee.

This fee is charged only on your claimable collateral or deposit, means the unfilled amount from buyers or sellers.

The smart contract will automatically deduct this fee from that amount when you reclaim your claimable collateral or deposit funds.

2. Settle an order

When settling buy token order, you are required to pay a platform fee.

This fee is charged only on your settlement amount.

The smart contract automatically deducts this fee when you settle the buy order, enabling you to claim your collateral and the settlement amount.

3. Buy token

When you make an order to buy or fill another user’s order to sell, a 2.5% platform fee applies.

• The fee is based on the total tokens purchased.

• It is deducted only after the settlement is successfully completed.

4. Cancel an order

When cancelling a buy token order because the seller failed to deliver (ghosting), fees apply to both parties:

• 2.5% fee is charged from the buyer’s deposit.

• 2.5% fee is charged from the seller’s collateral.

The smart contract automatically deducts this fee when you cancel the buy order, allowing you to claim both your initial deposit and the compensation.

FAQ