Protocol Revenue

Fee Collection:

The platform generates revenue through fees charged for its usage. These fees take various forms, including:
  • Trading fee for perpetual: 0.04% of position volume (close)
  • Funding fee: The funding rate is based on the size of positions.The collection interval is one block
  • LP burning fee: The base burning fee is equal to 0.2%
  • Liquidation fee: The fee is calculated dynamically based on the position aesset

Formula:

Trading fee=margin*lever*0.04%
Funding fee
  • Closed long position = long_margin * lever * funding rate
  • Closed short position = short_margin * lever * funding rate
  • Funding rate=rebaselong + rebaseINC-openrebase
LP burning fee= LP Tokens value(pool assets)*0.2%
Liquidation fee=Margin+margin call-PnL-trading fee-ExecutorFee(Charge greater than 0)

Fee Distribution:

Revenue is distributed from fees collected on the platform. These fees are routed as follows:
Trading Fee
Funding Fee
LP Burning Fee
Liquidation fee
Liquidity Provider
50%
100%
100%(Aggregated Pool)
Token Stakers
30%
DAO Treasury
15%
50%
50%(Isolated Pools)
Reserved for Development
5%
50%
50%(Isolated Pools)