Fees & Rewards

Crypto Valley Exchange implements a structured fee system tailored to various trading activities to sustain operational efficiency.

Each delivered trade order incurs a fixed operational fee, covering delivery and execution costs. Traders have the choice between signed delivery (authorised by the trader's signature) and trusted delivery (authorised by frontend signature, offering a $0.1 reduction). Traders can also select between instant execution (1-2 seconds latency) and relaxed mode (around 30 seconds latency, offering significant cost reduction). Direct transactions to the smart contract attract only a minimal operational fee, with traders bearing the cost of burned gas.

A set of orders can be submitted in the same batch, such as series of option orders, or modifications to a quote range of options order, significantly reducing the cost of interaction.

In the event of position liquidation, a 2% fee is applied, while settlement incurs a 0.005% fee. CVEX does not charge any fees for deposits and withdrawals, aside from the transactional gas costs.

Operational fee

instant/signed: $0.30 instant/trusted: $0.20 relaxed/signed: $0.15 relaxed/trusted: $0.05 direct call: $0.02 + gas

Trading fee (takers)

Regular: 0.00300% I tier: 0.00270% II tier: 0.00263% III tier: 0.00255% IV tier: 0.00248% V tier: 0.00240%

Trading fee (makers, -0.001% rebates)

Regular: 0.00200% I tier: 0.00170% II tier: 0.00163% III tier: 0.00155% IV tier: 0.00148% V tier: 0.00140%

Liquidation Fee

2% from net value

Settlement Fee

0.005% from net value

Deposit / Withdraw

0% + gas

Makers & takers receive discounts for trading fee based on their tier for staking CVEX Token:

  • I tier: 10% discount;

  • II tier: 12.5% discount;

  • III tier: 15% discount;

  • IV tier: 17.5% discount;

  • V tier: 20% discount.

Frontends and Clearance Bots are fully compensated for all incurred gas costs, supplemented by an additional 10% premium to cover operational expenses. Additionally, Clearance Bots are incentivized for their crucial role in maintaining market integrity: they receive a reward for initiating margin calls and for terminating risky orders.

Gas Reimbursement

110% from burned gas

Liquidation Reward

0.5% from net value of positions

Default Prevention Reward

0.0014%-0.002% from net value of terminated order

All fees, rewards, and reimbursements within the Crypto Valley Exchange are transacted in USDC.

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