Fees
Trading Fees
Trading fees are distributed pro-rata to all in-range liquidity at the time of the swap. Standard Exchange differentiates itself from Uniswap-style AMMs by implementing varying fee levels based on trader performance. Traders with a higher Trader Impact (TI) receive reduced fees compared to those with lower TI. This approach incentivizes traders to have a positive impact on the platform and actively contribute to its liquidity. By adjusting fees based on trader performance, Standard Exchange promotes a fair and competitive environment where traders are rewarded for their influence and positive contributions to the Standard Exchange ecosystem.
Trading Fee Levels
Standard Exchange introduces multiple fee tier for each trader's profile, each with a different trading fee. Depending on the trader's performance per quarter, trading fee is set from 0.1% to 1%.
| Level | TI in 30 days | Subscribed $STND amount | Maker/Taker | Maker/Taker with STND |
|---|---|---|---|---|
Regular User | < 1% | ≥ 10000 $STND | 1.000%/1.000% | 0.750% / 0.750% |
VIP 1 | ≥ 1% | ≥ 25,000 $STND | 0.900% / 1.000% | 0.675% / 0.750% |
VIP 2 | ≥ 2% | ≥ 100,000 $STND | 0.800% / 1.000% | 0.600% / 0.750% |
VIP 3 | ≥ 3% | ≥ 250,000 $STND | 0.700% / 1.000% | 0.525% / 0.750% |
VIP 4 | ≥ 4% | ≥ 500,000 $STND | 0.600% / 0.800% | 0.45% / 0.600% |
VIP 5 | ≥ 5% | ≥ 750,000 $STND | 0.500% / 0.700% | 0.375% / 0.525% |
VIP 6 | ≥ 6% | ≥ 1,000,000 $STND | 0.400% / 0.600% | 0.3% / 0.45% |
VIP 7 | ≥ 7% | ≥ 1,250,000 $STND | 0.300% / 0.500% | 0.225% / 0.375% |
VIP 8 | ≥ 8% | ≥ 1,500,000 $STND | 0.200% / 0.400% | 0.150% / 0.300% |
Membership
To encourage greater liquidity on the Standard Exchange platform, Standard implements a revenue sharing model where maximum 40% of the total revenue is distributed to the top liquidity providers. Traders have the opportunity to exchange their accumulated trader points for a proportional share of the maximum 40% revenue allocated to each token on each growth event, based on their points earned in the event. The rewards for traders are typically in the form of popular assets like USDT, USDC, or other units of account used within Standard Exchange. By offering this revenue sharing program, Standard Exchange motivates traders to actively participate in liquidity provision and rewards them with valuable assets based on their level of contribution and impact within the platform.
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