Wasabi Perps Lite Paper
  • Motivation
  • Mechanism
  • Opening Positions
  • Closing Positions
  • Leverage
  • Vaults
  • Liquidations
  • Index Price
  • Insurance Fund
  • Fees
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Fees

  1. Trading Fee: Trading fees range from 0.1% to 0.5%. ETH trading is 0.1% while more exotic pairs are 0.5%. Trading fees are charged during both the opening and closing of positions.

  2. Borrow Rates: The interest rate is a function of the LP pool utilization rate and a max APR, which Wasabi determines based on volatility. Borrow interest is charged hourly.

  3. Liquidation Penalty: 5% of the residual value post liquidation will be charged as a liquidation penalty to the trader.

PreviousInsurance Fund

Last updated 10 months ago