Fees
Last updated
Last updated
Traders pay the following fees to LPs(limWETH providers and individual LP positions)
Origination Fees -> Paid when a position is opened
Lending Interest -> Paid continuously every block
Force Close Fees -> Paid when a trader fails to replenish his/her interest deposit and as a result the position is force closed
Profit Share-> Paid only when a position incurs positive PnL. This is paid by the traders due to the adverse risk the LPs are undertaking when lending out against long tail assets.
| Open Fee | Close Fee | Force Close Fees | Profit Share | |
|---|---|---|---|---|
WETH/USDC
0.1% of borrowed amount
0%
10% of leftover margin+ PnL
0%
Every other pair
0.5% of borrowed amount
0%
10% of leftover margin+ PnL
10% of total profit(0 when negative)