Fees
The taker and maker fee model used by this build, taken from configuration.
One fee, charged to the side that takes liquidity. Posting liquidity is free, because a book without resting orders is not a market.
Schedule
| Role | Fee | Charged on |
|---|---|---|
| Taker | 0.10% (10 bps) | The asset received |
| Maker | 0.00% (0 bps) | — |
These values are read from the market configuration used by the order engine and the order ticket, so this page cannot drift from what the interface actually charges.
Taker and maker
- You are a taker when your order executes against an order already on the book — every market order, and any limit order priced to cross immediately.
- You are a maker when your order rested first and someone else traded against it.
- A single order can be both: the part that crosses immediately pays the taker fee, and the part that rests pays the maker fee when it is filled later.
Worked example
A market buy of 10 shares filling at an average of 182.45 USDG:
| Line | Value |
|---|---|
| Notional | 1,824.50 USDG |
| Taker fee at 0.10% | 0.0100 shares |
| Credited | 9.9900 shares |
The fee is taken from the asset you receive: buying base means the fee is paid in base units, selling base means it is paid in USDG. The order ticket shows the exact figure before you submit, and every fill records the fee it paid in Order history.
Other costs
- Spread — crossing the book costs half the spread against the mid, which is usually larger than the fee.
- Slippage — an order that walks several levels fills at a worse average price. The ticket estimates it in advance.
- Network fees — a production deployment would add the chain's transaction cost per action. This build sends no transactions, so there is nothing to show.