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Fee Structure
The X528 Interface has a dynamic fee structure that uses both a fixed swap fee along with capturing any positive slippage generated on each trade.
The X528 platform will generate revenue through charging a spread fee on all transactions. This fee can be set and managed by the X528 community.
- Spread Fee ↳ Initially proposed to be a tiered fee structure based on volume:
Fee | Volume Traded |
|---|---|
0.20% | <100k |
0.10% | 501k - 1m |
0.05% | >1m |
- Network Fee ↳ The fee paid by users to make transactions on the Ethereum or Arbitrum networks
Positive slippage is a term used in trading to describe a situation where an order is executed at a better price than the one requested by the trader. For example, if a trader places a buy order for a currency pair at a certain price, but the actual execution price ends up being lower than the requested price, then the trade has experienced positive slippage.
The X528 Network captures any positive slippage on trades as additional revenue for the community.
As part of our rewards incentives, X528 distributes trade fees back to users. See Loyalty Program for more info.
Last modified 3mo ago