Fees & Interest
Last Updated: 2025-01-09
Platform Parameters
Liquidation LTV Threshold
≥ 90%
Fees on Trading
Borrow Fee
0.5% of borrowed amount, with a minimum charge of:
0.005 SOL or 1 USDC
Trading Fee
0.69% of trading amount (additional charge when opening a position; deducted from receive amount when closing a position) 0.42% for Lava Rock Alpha NFT holders! 🌋 Auto Take-Profit premium: if a position is closed using the automatic take-profit feature, the trading fee for that close transaction would be 1% for all users.
Profit Fee
5% of trading profit
Fees on Liquidity Provision
Interest Fee
30% 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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