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Fees
Users of Potentia or Genie DEX will incur minimal fees when creating markets and opening positions. Below is a detailed breakdown of our fee structure.
1. Pool Creation Fees
Advanced users who wish to operate their own power perpetual markets are required to pay a one-time fee for market creation.
2. Trading and LP Fees
Trading Fees
- Opening positions:
of the underlying asset value - Closing positions: No fee
LP Fees
- Creating a liquidity position: No fee
- Redeeming a liquidity position: No fee
3. Fee Discount Vault
Each Potentia liquidity pool features a Fee Discount Vault (FDV) that holds native tokens. This innovative feature allows anyone to incentivize trading activity for specific pools:
- Users can deposit native tokens into an FDV
- These deposits can subsidize up to
of trading fees for that pool - This mechanism encourages increased trading activity in targeted pools
By implementing this fee structure and the Fee Discount Vault system, we aim to create a balanced ecosystem that benefits both traders and liquidity providers while promoting active participation in our markets.