> For the complete documentation index, see [llms.txt](https://docs.monday.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.monday.trade/spot-trading/spot-protocol-mechanics/spot-fees.md).

# 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:

<table><thead><tr><th width="132.58984375">Pool</th><th width="434.84375">Pool Address</th><th>AMM Fee</th></tr></thead><tbody><tr><td>MON/USDC</td><td>0x8f889ba499c0a176fb8f233d9d35b1c132eb868c</td><td>0.05%</td></tr><tr><td>gMON/MON</td><td>0x4e423abad0558c6d0635161ca1935d943a77b591</td><td>0.03%</td></tr><tr><td>wBTC/USDC</td><td>0xd70e977a5e07710084b04ac89ac7d3a28cb81417</td><td>0.3%</td></tr></tbody></table>

#### 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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