> For the complete documentation index, see [llms.txt](https://sodex.com/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://sodex.com/documentation/trading-mechanics/trading-fees.md).

# Trading Fees

## Trading Fees

Fees on SoDEX are determined by your rolling **14-day volume** and are **finalized at the end of each UTC day**. Your fee tier applies across the platform and updates automatically.

***

**How fee tiers are calculated**

* **Rolling 14D volume**: We look at your last 14 days of trading activity (rolling window).
* **Daily settlement (UTC)**: Your tier is re-evaluated once per day at the end of the UTC day.
* **One tier for all markets**: Each user has a single fee tier that applies across all assets and markets.

**Perps + Spot are combined**

Your fee tier is based on combined perps and spot volume.

```
(14D weighted volume) = (14D perps volume) + 2 × (14D spot volume)
```

***

**How your final fee is determined**

Your final fee depends on whether you are a **taker** or a **maker**:

* **Taker fees** are always based on your 14D volume tier, with an optional staking discount: `Taker fee = Base taker fee × (1 - Staking discount)`
* **Maker fees** work in two ways:
  * By default, same as taker: `Maker fee = Base maker fee × (1 - Staking discount)`
  * If your **14D maker volume share** reaches a threshold, you qualify for **Maker Rebates** — a standalone negative fee rate where the platform pays you for providing liquidity. This replaces the volume-based maker fee.

***

#### Fee Tiers (starting from March 13, 10:00 UTC)

Below are the current tier schedules.

**Perps fee tiers**

| Tier | 14D Volume (USD) | Perps Taker | Perps Maker |
| ---- | ---------------- | ----------- | ----------- |
| 0    | ≤ $5,000,000     | 0.040%      | 0.012%      |
| 1    | > $5,000,000     | 0.036%      | 0.010%      |
| 2    | > $25,000,000    | 0.032%      | 0.006%      |
| 3    | > $100,000,000   | 0.028%      | 0.002%      |
| 4    | > $500,000,000   | 0.026%      | 0.000%      |
| 5    | > $2,000,000,000 | 0.024%      | 0.000%      |
| 6    | > $7,000,000,000 | 0.022%      | 0.000%      |

***

**Spot fee tiers**

| Tier | 14D Volume (USD) | Spot Taker | Spot Maker |
| ---- | ---------------- | ---------- | ---------- |
| 0    | ≤ $5,000,000     | 0.065%     | 0.035%     |
| 1    | > $5,000,000     | 0.055%     | 0.025%     |
| 2    | > $25,000,000    | 0.045%     | 0.015%     |
| 3    | > $100,000,000   | 0.035%     | 0.005%     |
| 4    | > $500,000,000   | 0.03%      | 0.00%      |
| 5    | > $2,000,000,000 | 0.025%     | 0.00%      |
| 6    | > $7,000,000,000 | 0.02%      | 0.00%      |

***

#### Staking Fee Discount

Staking SOSO grants a fee discount applied to your volume-based fee. The discount updates at the end of each UTC day and applies automatically once active.

`Effective fee = Base fee × (1 - Staking discount)`

| Fee Discount | SOSO Staked Requirement |
| ------------ | ----------------------- |
| 0%           | 0 SOSO                  |
| 5%           | ≥ 30 SOSO               |
| 10%          | ≥ 300 SOSO              |
| 15%          | ≥ 3,000 SOSO            |
| 20%          | ≥ 30,000 SOSO           |
| 30%          | ≥ 300,000 SOSO          |
| 40%          | ≥ 1,500,000 SOSO        |

> 💡 **Tip:** When you initiate partial unstaking, despite the 14-day unstaking period, your fee discount will be instantly recalculated based only on your remaining staked SOSO.

***

#### Maker Rebates

If your **14D maker volume share** reaches a threshold, you qualify for a negative fee rate — the platform pays you for providing liquidity.

* Rebates are **paid continuously** on each trade directly to your trading wallet.

| Tier | 14D Maker Volume Share | Maker   |
| ---- | ---------------------- | ------- |
| 1    | > 0.50%                | -0.001% |
| 2    | > 1.50%                | -0.002% |
| 3    | > 3.00%                | -0.003% |

***

Trading fees on SoDEX are used to support the ongoing operation and growth of the ecosystem. This may include the SLP Vault, liquidity, user incentive programs, builders, network participants, and other ecosystem initiatives.