Fees Calculation

How Perpetual Trading Fees are calculated

Fee = "Number of contracts * contract value * transaction price * initial fee rate * VIP tier discount * fee discount

• The initial fee rate depends on whether the user is a taker or a maker after the transaction. The fee rates for takers and makers will vary.

• During the testing period, the VIP tier is not implemented; all users are treated as the same tier.

• Once the official launch occurs, VIP tiers will be introduced based on users' historical trading volume, with corresponding fee discounts.

• Fee discount refers to a 5% discount on fees if the user is invited via an LN Exchange invite link from another user."