# Fees & Interest

## Platform Parameters

<table><thead><tr><th width="278">Parameter</th><th>Value</th></tr></thead><tbody><tr><td>Liquidation LTV Threshold</td><td>≥ 90%</td></tr></tbody></table>

## Fees on Trading

<table><thead><tr><th width="278">Parameter</th><th>Value</th></tr></thead><tbody><tr><td>Trading Fee</td><td>1% of the position size, applied when opening and closing (via selling or repayment) a position.<br><br><em>Minimum opening fee: 0.005 SOL or 1 USDC</em><br><br>Auto Take-Profit premium: if a position is closed using the automatic take-profit feature, the trading fee for that close transaction would be <strong>1%</strong> for all users.</td></tr><tr><td>Profit Fee</td><td><del>5%</del> <strong>0%</strong> of trading profit - Waived</td></tr><tr><td>Rent Exemption Amount</td><td>0.003 SOL (rent fee for the position account on the blockchain)</td></tr></tbody></table>

## Fees on Liquidity Provision

<table><thead><tr><th width="278">Parameter</th><th>Value</th></tr></thead><tbody><tr><td>Interest Fee</td><td>30% of interest received by lenders</td></tr><tr><td>Liquidation Fee</td><td>0%</td></tr></tbody></table>

## Interest Payment

For open long positions, interest is collected automatically every 7 days if the outstanding interest amount is >= 0.1 SOL or 15 USDC. The interest payment is made by selling the amount of tokens held as collateral equivalent to the accrued interest amount and transferring that to the lender's address.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://lavarage.gitbook.io/lavarage/platform/fees-and-interest.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.