💱Fees
Monday Trade features a transparent and efficient fee structure designed to ensure fairness for all participants. Below, we explain how fees are calculated based on the type of liquidity used during a trade.
Order Book Fees
For trades executed against the order book liquidity:
Taker Fee: 0.03% for all pools
Maker Fee: 0%
AMM Fees
For trades executed against AMM liquidity, fees vary by pool and are determined by the pool’s configuration. A list of AMM fees for specific pools is provided below:
WMON/USDC
0.3%
WMON/WETH
0.3%
WSOL/USDC
0.3%
DAK/WMON
0.03%
CHOG/WMON
0.03%
YAKI/WMON
0.03%
WBTC/USDC
1%
Hybrid Fee Calculation
Trades on Monday Trade can utilize both order book liquidity and AMM liquidity within the same transaction. In such cases, the fees are calculated independently for each part of the trade, based on the source of liquidity.
Example: Suppose you trade 1 WETH in a pool where the AMM fee is 0.3% and the order taker fee is 0.03%. If 0.9 WETH is filled by order book liquidity and 0.1 WETH by AMM liquidity, the fee is calculated as:
Order book portion: 0.9 WETH × 0.03% = 0.00027 WETH
AMM portion: 0.1 WETH × 0.3% = 0.0003 WETH
Total fee: 0.00027 WETH + 0.0003 WETH = 0.00057 WETH
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