💱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:
MON/USDC
0x7d148143b7033f150830ff9114797b54671dde2e
0.3%
MON/WETH
0xa26885a2220e924596adacd5de42dd5c07711b62
0.3%
WSOL/USDC
0x14ee57bd58FE6ABD4029BEd034C403c931C7eA1d
0.3%
DAK/MON
0x0BB73eC1AEe7169A21622A650389FB0b3ef9d04D
0.03%
CHOG/MON
0xbd2f1c747F66f05EFBA9fDd344FBEe750FC8f905
0.03%
YAKI/WMON
0xc7Fc13AE86E13E10d42C495F9989f8Ed801D86C1
0.03%
WBTC/USDC
0xe1Cf0eC5B95B2C338bEFDbf7bcFbd9E270956cE3
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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