Trading Fees
Overview
Trading fees are the costs you pay to buy, sell, or trade assets on an exchange. These fees are charged as a percentage of the transaction value.
There are two main types of trading fees:
Maker fees: These fees are charged to traders who place orders that add liquidity to the market (not instantly filled orders that are added to the book), such as limit orders.
Taker fees: These fees are charged to traders who remove liquidity from the market, such as market orders.
How fees are charged
Perpetual Futures Fees
Perpetual Futures trading fees are charged after every trade in USDC and added to the cost position.
CHAD Fee tiers
Fees are based on your rolling 30 day volume and are assessed at the end of each day in UTC. Sub-account volume counts toward the master account and all sub-accounts share the same fee tier. Referral rewards apply for a user's volume FOREVER... we are not 
like HyperLiquid.
We have decided to lower fees down to 0.1 basis point lower than Aster AND Hyperliquid.... just as a troll (because we personally think the appeal of chasing lower fees, on a community owned exchange, is so.... )
Perps fee tiers — Base rate
| Tier | 30d weighted volume ($) | Taker | Maker |
|---|---|---|---|
| 1 | >0 | 0.034% | 0.01% |
| 2 | >100M | 0.029% | 0.01% |
| 3 | >500M | 0.027% | 0.01% |
| 4 | >2B | 0.025% | 0.01% |
| 5 | >7B | 0.023% | 0.01% |
[Now we can officially say we have cheaper fees than both Aster AND HyperLiquid, lol]
[Note: Maker fee will remain 0.01% during the $WHAT farming period so that market makers cannot easily farm the token]