Balancing Trader and Liquidity Provider Needs: Jupiter Exchange’s Fee Adjustment Strategy

- Jupiter dropped fees on perpetual products after the community voiced concerns.
- The Base Fee, initially set at 0.07%, has been dropped to $0.06.
- The team is focused on holistic improvements and not rushed-up solutions.
Jupiter Exchange, a Solana-based DEX aggregator, is lowering fees on its perpetual products in response to community feedback regarding high costs.
Through an X post, Jupiter co-founder explained the rationale behind the fee reduction. Initially, the platform had a flat 0.1% fee for opening or closing a position. Last month, it introduced a 2-Tier fee structure to address concerns, setting the base fee at 0.07%.
The “price impact fee,” on the other hand, scales with position size, starting at 0.01%. For most traders, it remains at 0.01%, but increases for larger positions to maintain fairness and allow JLP holders to earn mo…
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Balancing Trader and Liquidity Provider Needs: Jupiter Exchange’s Fee Adjustment Strategy

- Jupiter dropped fees on perpetual products after the community voiced concerns.
- The Base Fee, initially set at 0.07%, has been dropped to $0.06.
- The team is focused on holistic improvements and not rushed-up solutions.
Jupiter Exchange, a Solana-based DEX aggregator, is lowering fees on its perpetual products in response to community feedback regarding high costs.
Through an X post, Jupiter co-founder explained the rationale behind the fee reduction. Initially, the platform had a flat 0.1% fee for opening or closing a position. Last month, it introduced a 2-Tier fee structure to address concerns, setting the base fee at 0.07%.
The “price impact fee,” on the other hand, scales with position size, starting at 0.01%. For most traders, it remains at 0.01%, but increases for larger positions to maintain fairness and allow JLP holders to earn mo…
The post Balancing Trader and Liquidity Provider Needs: Jupiter Exchange’s Fee Adjustment Strategy appeared first on Coin Edition.
Read More
