Fees
Trading (Open & Close) Fees
On EasyX, the open and close fees are not fixed; instead, they are dynamically calculated based on your monthly trading volume. As your trading volume increases, the fees gradually decrease. Basically, the more you trade on the platform, the lower the fees you'll pay for each trade.
By offering tiered fee structures, EasyX incentivizes continued usage and rewards active traders with reduced fees as they increase their trading volume. This dynamic fee calculation ensures that users can benefit from cost savings over time, making the platform more attractive for frequent traders.
| Tier | 30 Day Volume | Fee (open & close) |
|---|---|---|
0 | < $1,000 | 0.10% |
1 | ≥ $10,000 | 0.09% |
2 | ≥ $100,000 | 0.08% |
3 | ≥ $1,000,000 | 0.07% |
4 | ≥ $10,000,000 | 0.06% |
5 | ≥ $100,000,000 | 0.05% |
VIP | ≥ $1,000,000,00 | 0.04% |
Fees Distribution
Supply: 70% - To facilitate innovation behind the orderbook / gaslesss trading model.
60% - Liquidity Providers
10% - Execution Fund
Protocol: 30% - To facilitate early stage growth in the protocol and encourage a wave of skilled, enthusiastic community contributors to accelerate product iterations and wider ecosystem and community growth.
30% - $EZX stakers
Funding Fees
Funding fees are a crucial and necessary part of trading platforms, strategically implemented to incentivize traders to choose the less popular side of a trade in terms of open interest.
For example, if there are more Long positions than Shorts in open interest, then Longs will pay a funding fee to Shorts. The same principle applies in reverse – if Shorts exceed Longs, then Shorts will pay a funding fee to Longs.
This encourages a balanced market participation and helps drive higher trading volumes. By incentivizing traders to take positions that help maintain a healthier market balance, funding fees contribute to a more stable and robust trading environment overall.
Funding fees are paid every block pro rata according to the position size.
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