💱Spot 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
0x8f889ba499c0a176fb8f233d9d35b1c132eb868c
0.05%
gMON/MON
0x4e423abad0558c6d0635161ca1935d943a77b591
0.03%
wBTC/USDC
0xd70e977a5e07710084b04ac89ac7d3a28cb81417
0.3%
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 100 MON in a pool where the AMM fee is 0.05% and the order taker fee is 0.03%. If 90 MON is filled by order book liquidity and 10 MON by AMM liquidity, the fee is calculated as:
Order book portion: 90 MON × 0.03% = 0.027 MON
AMM portion: 10 MON × 0.05% = 0.005 MON
Total fee: 0.027 MON + 0.005 MON = 0.032 MON
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