Fees & Interest
Last Updated: 2024-09-18
Platform Parameters
Parameter | Value |
---|---|
Liquidation LTV Threshold | ≥ 90% |
Fees on Trading
Parameter | Value |
---|---|
Borrow Fee | 0.5% of borrowed amount, with a minimum charge of 0.005 SOL |
Trading Fee | 0.5% of trading amount (additional charge when opening a position; deducted from receive amount when closing a position) 0% (i.e. waived) for Lava Rock Alpha NFT holders! |
Profit Fee | 5% of trading profit |
Fees on Liquidity Provision
Parameter | Value |
---|---|
Interest Fee | 20% of interest received by lenders |
Liquidation Fee | 0% |
Interest Payment
For open long positions, interest is collected automatically every 7 days if the outstanding interest amount is >= 0.1 SOL. The interest payment is made by selling the amount of tokens held as collateral equivalent to the accrued interest amount and transfering that to the lender's address.
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