# VIP Fee Tier

SynFutures offers tiered fee discounts on select pairs based on monthly taker volume. Discounts are available to all traders, with the discount amount determined by the taker volume threshold achieved.

See the chart below:

| Tier    | Taker Volume (Monthly) | Taker (bps) | Maker (bps) |
| ------- | ---------------------- | ----------- | ----------- |
| Regular | < $1M                  | 5           | 0           |
| VIP 1   | ≥ $1M                  | 4.5         | 0           |
| VIP 2   | ≥ $10M                 | 4           | 0           |
| VIP 3   | ≥ $50M                 | 3           | -0.5        |
| VIP 4   | ≥ $150M                | 2           | -1          |

Fee tier discounts are available on select asset pairs:

* BTC-USDC-PERP
* ETH-USDC-PERP

> Example: If a trader conducts $100 million in taker volume within the BTC-USDC-PERP pair on SynFutures during the calendar month, the discounted fee will amount to a 20,000 USDC ($100 million \* 0.02%).

### VIP Discount Distribution

Discounts will be distributed on the 20th of the sequential month, paid out in margin tokens. If the address is a contract, the discount will be distributed to the last operator.

{% hint style="info" %}
Only taker volume qualifies 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.<br>
{% endhint %}


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