💵Fee Tier
Due to the launch of promotion fee rates (major pairs trading fee reduced to 2bps) on SynFutures, the Fee Tier arrangement is suspended as of July 1, 2024.
Fee tier discounts are available to the public, but the taker’s volume determines the size of the discount. Once the tier threshold is reached, the discount is applied.
See the chart below.
Regular
< 100 million
3 bps
-1 bp
VIP 1
≥ 100 million
2.75 bps
-1 bp
VIP 2
> 500 million
2.5 bps
-1 bp
VIP 3
> 1 billion
2 bps
-1 bp
Example: If a trader conducts $600 million in trading volume within the BTC-USDB-PERP pair on SynFutures V3 during the calendar month, the discounted fee will amount to 30,000 USDB ($600 million * 0.005%).
Fee tier discounts are available on select asset pairs:
BTC-WETH-PERP
BTC-USDB-PERP
USDB-WETH-PERP
VIP Discount Distribution
Discounts will be distributed on the 20th of the sequential month in margin tokens. Discounts will be distributed to the last operator if the address is a contract address.
Please note: Only taker volume and forced liquidations qualify for discounts. Maker activity is not included. Changes to the receiving wallet, including those caused by hacks or other malicious activity, will not be acknowledged by SynFutures; the receiving wallet will receive any and all distributed discounts.
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