Fees

typus generates fees from the following primary sources typus perps https //docs typus finance/fees#a8fjg – fees from perpetual contracts defi options vaults https //docs typus finance/fees#braav – fees from structured options contracts typus safu – contributions from risk protection strategies tails by typus – fees from gamified nft products typus perps trading fee the trading fee for opening or closing a position consists of a base fee and an impact fee fees may vary depending on the market and collateral type trading fee = position size (base fee % + impact fee %) coin collateral base fee = 0 05% 0 25% impact fee = 0 05% 0 25% option collateral base fee = 0 01% 0 05% impact fee = 0% asset market trading fee coin collateral trading fee option collateral crypto sui/usd 0 1% 0 2% 0 02% btc/usd 0 1% 0 2% 0 01% eth/usd 0 1% 0 2% 0 05% sol/usd 0 1% 0 2% 0 05% apt/usd 0 1% 0 2% na deep/usd 0 25% 0 5% 0 05% wal/usd 0 25% 0 5% 0 05% commodity xau/usd 0 05% 0 1% na base fee a fixed % of the position size is charged as a base fee when opening, closing, or partially closing a position impact fee on typus perps, large orders don’t move token prices because pricing is oracle based instead, we apply an impact fee to reflect the true cost of trading based on order size, collateral liquidity, and market volatility this fee structure ensures fairness for both traders and liquidity providers trades that improve open interest balance incur lower fees trades that skew the balance face higher fees splitting large trades doesn’t reduce the total fee impact fee parameters may be adjusted over time to reflect evolving market conditions, ensuring sustainable liquidity and a balanced trading environment calculate trading fee lp net exposure (before trade) = user short position size user long position size if the new order is long lp net exposure (after trade) = lp net exposure (before trade) order size if the new order is short lp net exposure (after trade) = lp net exposure (before trade) + order size exposure change = | lp net exposure (after trade) | | lp net exposure (before trade) | sensitivity multiplier = ( exposure change × underlying price) / ( total collateral liquidity allocated lp exposure % ) trading fee % = min \[ base fee % + max ( sensitivity multiplier , 0 ) × max impact fee % , base fee % + max impact fee % ] trading fee = position size trading fee % trading fee example let’s walk through how the trading fee is calculated under this market conditions for sui/usd underlying price (sui) = $3 5 user long position size = 25,000 sui user short position size = 10,000 sui base fee = 0 10% max impact fee = 0 10% allocated lp exposure = 20% total collateral liquidity = 35,000 usdc collateral price (usdc) = $1 step by step fee calculation case 1：a trader opens a 1,000 sui long position using usdc as collateral lp net exposure (before trade) = 10,000 sui 25,000 sui = 15,000 sui lp net exposure (after trade) = 15,000 sui 1,000 sui = 16,000 sui exposure change = 16,000 sui 15,000 sui = 1,000 sui sensitivity multiplier = ( 1,000 sui $3 5 ) / ( 35,000 usdc $1 20% ) = 0 5 trading fee % = min \[ 0 1% + 0 05% , 0 2% ] = 0 15% trading fee = 1,000 sui $3 5 0 15% = $5 25 case 2：a trader opens a 1,000 sui short position using usdc as collateral lp net exposure (before trade) = 15,000 sui lp net exposure (after trade) = 15,000 sui + 1,000 sui = 14,000 sui exposure change = 14,000 sui 15,000 sui = 1,000 sui sensitivity multiplier = ( 1,000 sui $3 5 ) / ( 35,000 usdc $1 20% ) = 0 5 trading fee % = min \[ 0 1% , 0 2% ] = 0 1% trading fee = 1,000 sui $3 5 0 1% = $3 5 in the scenario above, the impact fee mechanism incentivizes traders to open short positions, which help restore balance to open interest conversely, long positions incur a higher impact fee as they further increase the existing imbalance funding fee funding fees can be positive or negative while a position is open the funding rate fluctuates over time based on the long to short balance it is applied when an order is executed, or collateral is modified funding index = basic funding rate ( net position in usd / total tokens in the tlp ) funding fee = difference between your entry index and the current funding index position size the basic funding rate is at 0 068% for all perpetual markets when long open interest exceeds short open interest, the funding rate paid by longs to shorts will gradually increase until the gap between long and short positions falls below a set threshold conversely, if short open interest surpasses long open interest, the funding rate will adjust in the opposite direction, with shorts paying longs at a gradually increasing rate until the imbalance is reduced below the threshold borrow fee the borrow fee accrues hourly on open positions and is deducted when an order is executed, or collateral is modified this fee is paid to the counterparty of your trade, with the hourly rate fluctuating based on utilization and the amount borrowed hourly borrow fee = hourly borrow rate position size utilization hourly borrow rate annually borrow rate 0% 60% 0% 0 001% 0% 9% 60% 80% 0 001% 0 002% 9% 18% 80% 100% 0 002% 0 008% 18% 70% net rate net rate = funding rate + borrow rate liquidation fee upon liquidation, any remaining collateral after deducting losses and fees is distributed as follows fee to insurance fund = 1% position size in usd fee to tlp = remaining collateral fee to insurance fund swap fee the swap fee is 0 1% to 0 2% of the swap amount the exact fee depends on whether the trade improves or reduces the target balance of the typus liquidity pool mint or burn tlp fee the mint or burn fee is 0 1% to 0 2% of the collateral amount the exact fee depends on whether the trade improves or reduces the target balance of the typus liquidity pool defi options vaults deposit fee 0 0% withdrawal fee 0 0% claim fee 0 0% the claim fee 0 1% has been waived at typys v2 harvest & compound fee 10 15% of rewards the fee is charged by typus to the option seller (who is also the vault depositor), because the option seller is the net premium (reward) receiver 15% fee on hourly sui 5x covered call (aggressive) hourly sui 5x put selling (aggressive) memecoins such as fud and blub 10% fee on other vaults trading fee 10 15% of options price the trading fee is charged by typus to the option buyer (who is also the vault bidder) trading fee is 10 15% of the options price for example, if a sui option is traded at the price of 0 0001 sui, the trading fee will be 10% of 0 0001 sui = 0 00001 sui 15% fee on memecoins such as fud and blub 10% fee on other options typus safu deposit fee 0 0% withdrawal fee 0 0% compound fee 10% exercise fee 10% fees take effect on jan 20, 2025 tails by typus staking & switch fee 0 05 sui the fee for staking & switching tails by typus is 0 05 sui per time feed fee 0 5 sui the fee for feeding tails by typus is 0 5 sui, regardless of the number of tails staked feed once per day transfer fee 0 01 sui per tail the fee for transfering tails by typus to another wallet address is 0 01 sui per tail extract fee 100 sui per time the fee for extracting exp from tails by typus is 100 sui per time