Fees
Trading Fee
0.5% on the notional size of the trades.
For example, when you open or close a position with a value of 10 WETH, the trading fee will be:
= 0.005*10 WETH = 0.05 WETH
= 0.005*10 WETH = 0.05 WETH
Matching Engine Fee
Matching engine facilitates speedy on-chain interactions with the smart contracts to provide users with a fast and smooth trading experience. Tribe3 therefore charges a fixed fee of 0.0005 WETH to compensate for the gas fees spent to perform the following on-chain actions:
Submit market/limit orders that are matched with existing orders and act as taker orders
Add/Remove liquidity
Withdraw funds to wallet
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