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Trading Fees

Low fees, high gains. Trade more, spend less. It's oxonomics!

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Written by Oxelot
Updated this week

At OXFUN, we've carefully selected competitive maker/taker fee tiers to help you cut through the noise and focus on your trading. Our general fee tiers are based on OX balances and trailing 30-day perpetual future (perp) trading volumes.

Maker/Taker Fees

Maker/Taker fee schedules are designed to incentivize traders to trade with maker orders in order to bolster market liquidity. This is done by providing a considerable discount to maker orders. On OXFUN, it’s at least 70% cheaper to trade with a maker order than it is with a taker order. The downside of trading with maker orders is that maker orders aren’t guaranteed to fill, meaning the market can move away from your price before a taker trades with you.


General Fee Structure

OXFUN VIP Level

30 Day Volume (OX)

OX Holdings

Maker Fees Paid in OX

Taker Fees Paid in OX

1

0

0

0.020%

0.070%

2

2.5M

$1K

0.010%

0.050%

3

25M

$100K

0.000%

0.040%

Trading fees are always charged in OX. The OX balance and trading volume calculations are done account-wide, ensuring that all sub-accounts are included.

Special Fee Schedule for Meme Tokens

Certain tokens, especially those with smaller market caps and lower liquidity, follow a different fee schedule that doesn't take into account VIP level. For these pairs, the fees are flat for all users: the Maker fee is 0.04%, and the Taker fee is 0.15%.


How is OXFUN VIP level determined?

To determine your OXFUN VIP level, two main factors are considered: your OX holdings and your 30-day trading volume.

OX Holdings

Your OX holdings refer to the amount of OX tokens held in your account (including all your sub-accounts). This balance directly impacts your VIP level and the corresponding trading fees. Here is the breakdown:

  • VIP Level 1: Requires 0 OX holdings.

  • VIP Level 2: Requires $1,000 worth of OX holdings.

  • VIP Level 3: Requires $100,000 worth of OX holdings.

30-Day Perp Trading Volume

Your 30-day trading volume is calculated using the following formula:

30 Day Trading Volume = ∑ (Contracts Traded × Match Price × OX Multiplier)

This formula takes into account the number of contracts traded (across all your sub-accounts), their respective match prices, and the OX multiplier. Based on this calculation, the required trading volumes for each VIP level are:

  • VIP Level 1: 0 OX in trading volume.

  • VIP Level 2: 2.5 million OX in trading volume.

  • VIP Level 3: 25 million OX in trading volume.

To achieve a specific OX VIP level, both the required OX holdings and the corresponding 30-day trading volume criteria must be met.

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