Fee Structure
Kwenta fees explained.
Kwenta is built upon the Synthetix Protocol. In order to enable the exchange of synthetic assets, an exchange fee is charged by Synthetix whose fees are sent to the fee pool for Synthetix (SNX) stakers to claim.
Exchange fees are charged when a trader opens or closes a trade through the Kwenta platform. These fees are sent to the fee pool, where they are available to be claimed by SNX stakers each week. Exchange fees may vary depending on a selected market & network. The most current fees are prominently displayed within the Kwenta trading platform.
Basis Points (BPS) are a unit of measurement equal to 1/100th of 1 percent commonly used in financial markets. Find actual exchange fees within Kwenta
Percentage | .bps |
|---|---|
0.01% | 1 bps |
0.40% | 40 bps |
All fees are charged against the notional position size during order execution and up-to-date fees can are always displayed in the order entry panel.
Last modified 8d ago