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Fees are paid on the notional value of an order. This means that for a taker order of $5000 notional value (fill_price * fill_amount), a fee of 0.2% or 10 USD would be applied. Fees are applied to the user's collateral balance (strategy_collateral). At no time do traders pay an Ethereum gas to open or close their trading positions.
DDX Fee discount: Users can also pay fees in DDX, the native token of DerivaDEX. Fees paid in DDX are 1/2 the cost of fees paid in USDC.
Maker
Taker
0% (0 bps)
0.2% (20 bps) USDC / 0.1% (10 bps) DDX
These fees are paid in Ethereum, often referred to as gas. The exact price will depend on network congestion and user-defined gas limit.
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