Limitless
  • Intro
    • Why Limitless
    • Vision: A Unified Liquidity Market For Every Digital Asset
    • Participants
      • Liquidity Providers
        • Rehypothecation of Liquidity
        • Withdrawal Limits
        • Covered Call Strategy
      • Leverage Traders
    • Premium Model
    • limWETH
    • Example Trade
    • ❓FAQ
    • Audits & Security
  • User Guide
    • Liquidity Providers
      • Advanced LP
      • Simple LP
    • Leverage Traders
      • Adding and Opening Positions
      • Managing Positions
    • Fees
  • Incentives and Tokenomics
    • LMT(Points)
    • Arbitrum Launch Campaign
    • Referrals
    • $NZT
    • $LIMIT
  • Advanced
    • Providing Liquidity
    • Determining which ticks to borrow from
    • Borrowing/Repaying Liquidity
    • Rebalancer Incentives
    • Premiums
    • Oracle Free
    • Applications
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  1. User Guide

Fees

Traders

Traders pay the following fees to LPs(limWETH providers and individual LP positions)

  1. Origination Fees -> Paid when a position is opened

  2. Lending Interest -> Paid continuously every block

  3. Force Close Fees -> Paid when a trader fails to replenish his/her interest deposit and as a result the position is force closed

  4. 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)

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Last updated 11 months ago