💵Fees
Please find all the fee settings below. Mind that they are all adjustable by governance.
ETH xPOSITION and sPOSITION Opening fee
0.3%
ETH xPOSITION and sPOSITION Closing fee
0.1%
BTC xPOSITION and sPOSITION Opening fee
0.3%
BTC xPOSITION and sPOSITION Closing fee
0.1%
Funding Cost Level I
AAVE USDC borrowing rate charged on xPOSITIONs only when there is too much fxUSD in the Stability Pool (see Advanced Peg Protection Mechanisms)
Funding Cost Level II
AAVE USDC borrowing rate x10 charged on xPOSITIONs only when fxUSD depegs for too long (see Advanced Peg Protection Mechanisms)
Funding Cost Level III
AAVE USDC borrowing rate x10 charged on sPOSITIONS only when a certain threshold of xPOSITION collateral is lent out (See Risk parameters)
Rebalance / Liquidation
10% of the bounty (see Risk parameters)
Unused slippage
f(x) offers the lowest trading commissions. To compensate for this, any unused slippage will be retained to incentivize stablecoin supply in the Stability Pool. You can set your own slippage.
Collateral Yield / Funding / fxSAVE harvesting bounty (keeper incentive)
1% (0.01% for fxSAVE currently)
Stability Pool early exit fee
1%
Want to learn how these fees are redistributed? Take a look at the section below 👇
🔥Protocol Revenue & DistributionLast updated