The maker leg
Resting adds to the book.
A resting order that adds liquidity is a maker. On the standard tier the maker rate is 0.020%, so the maker leg of the example fill is charged two dollars.
Check it: 0.020% × $10,000 = $2.00.
FEES
Fees that add up.
Provably.
Fees are resolved at ingress, stamped on the order, and replayable from the WAL. Referral distribution is conservation-locked through the ledger. The math is verifiable — not advertised.
TIER TABLE
Maker / Taker
by tier.
Tier mechanics shown — exact rates confirmed at launch. The schedule below is the published baseline; $INOM discount stacks on top.
| Tier | 30-day volume | Maker / Taker |
|---|---|---|
| T0 · Standard | < $1M | 0.020% / 0.050% |
| T1 · Active | $1M – $10M | 0.012% / 0.040% |
| T2 · Pro | $10M – $100M | 0.005% / 0.030% |
| T3 · Market-maker | By desk | −0.005% / 0.020% |
Pay fees in $INOM to reduce the effective rate by up to 25% (capped). Stake $INOM to access the next tier early. Full mechanics in /token.
WORKED EXAMPLE
Arithmetic you can check.
Take one illustrative $10,000 fill on the standard tier (T0). The rates are the published schedule; the size is an example, and every figure below is arithmetic you can redo.
The taker leg
Crossing takes from the book.
An order that crosses the spread and removes liquidity is a taker. The standard-tier taker rate is 0.050%, so the taker leg of the same fill is charged five dollars.
Check it: 0.050% × $10,000 = $5.00.
Pay in $INOM
Up to a quarter off, capped.
Pay the fee in $INOM and the effective rate drops by up to 25%, capped. Applied to the five-dollar taker leg, that is $1.25 off — the fee falls toward $3.75.
Check it: $5.00 − 25% = $3.75.
THE DISCOUNT PATH
Three ways the rate comes down.
The published schedule is the ceiling. Three levers lower the effective rate from there — trade more, pay in $INOM, or stake to reach a tier early. The token page carries the full mechanics.
Volume tier
Trade more, tier down.
The schedule is tiered by 30-day volume: as your trailing volume grows you move from T0 toward T3, and both the maker and taker rates step down with it.
Path: T0 → T3 by 30-day volume.
Pay in $INOM
Settle fees in the token.
Paying fees in $INOM reduces the effective rate by up to 25%, capped — a reduction that stacks on top of whatever tier you are already on.
Path: up to 25% off, capped, stacks on the tier.
Stake to unlock
Reach the next tier early.
Staking $INOM unlocks the next tier ahead of the volume it would otherwise take — a utility lock, not a yield product. The full mechanics live on the token page.
Path: stake → next tier early. See /token.
REFERRAL
A referral program
that conserves.
01
Up to 30% of taker fees rebated.
Tiered — your share grows with referred 30-day volume. The cap and tier table are published nearer to launch.
02
Conservation-locked distribution.
The referral pool is bookkept as a series of double-entry transfers. Rebates and credits balance — by construction, on every batch.
03
No multi-level pyramids.
Single-level. Direct referrer earns; the chain stops there. A clean, auditable mechanism — not a growth-hack.
DETAILS
Questions, answered straight.
How tiers update, whether the discount spans products, what the cap is, and where the exact launch rates land.
When do the tiers update?
The schedule is tiered by your trailing 30-day volume, so your tier tracks that rolling window rather than a fixed calendar reset — as your 30-day volume crosses a band, the tier moves with it. The volume bands themselves are published in the table above; only the exact rates are confirmed at launch.
Does the discount apply to perps and spot?
The maker/taker schedule is the exchange-wide fee model — both spot and perpetuals quote from the same 0.020% maker and 0.050% taker baseline — and the $INOM discount is a reduction on that effective rate, not a product-specific promo. So the same tier logic and the same up-to-25% $INOM discount apply across the book.
What is the cap on the $INOM discount?
Paying fees in $INOM reduces the effective rate by up to 25%, and that reduction is capped — it does not compound without limit. It stacks on top of your volume tier, so a lower tier and the $INOM discount can both apply, but the token discount itself stops at the 25% ceiling.
Where are the exact launch rates?
The table above is the published baseline and the tier mechanics are shown in full — but the exact rates are confirmed at launch rather than pinned here, which is stated plainly rather than dressed up. What is fixed today is the structure: four tiers, maker/taker by 30-day volume, and the $INOM discount on top.
KEEP READING
Where the fee connects.
The token that discounts it, the spot book it applies to, and the leveraged product beside it.