> ## Documentation Index
> Fetch the complete documentation index at: https://orderly.network/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Trading fees

> Understand the fee structure for traders and the Builder Staking programme.

# Overview

Trading fees are the costs you pay when you buy, sell, or trade on an exchange. On Orderly, fees are measured in **basis points (1 bps = 0.01%)** of your trade's total value.

Orderly Network uses a two-layer fee structure:

1. **Base fees:** The cost the **Builder** (the DEX) pays to Orderly Network.
2. **User fees:** The fee the **Trader** pays to the Builder.

### The dual-layer example

Here's how the two layers work together in practice:

* **Orderly base taker fee:** 3 bps (0.03%)
* **Builder custom fee:** 5 bps (0.05%)
* **Result:** The **Trader pays 5 bps**. Orderly retains **3 bps**, and the **Builder keeps 2 bps** as profit.

### Fee types

**Maker fees:** Charged when your order adds liquidity to the order book -- for example, a limit order that doesn't fill right away. Maker fees can be **negative** (rebates) for higher tiers, meaning you **receive** a rebate when your order adds liquidity.

**Taker fees:** Charged when your order removes liquidity by filling immediately -- for example, a market order.

**Hidden order fills:** When hidden quantity from a resting limit order is
matched by a new incoming order, the hidden side is marked as **Taker** and
charged the taker fee. If the incoming order is eligible to be maker, such as a
Post Only order that matches only hidden quantity, the incoming order is marked
as **Maker** and charged the maker fee.

**Liquidation fees:** If your position gets liquidated, a liquidation fee is applied. See the [liquidation fee](https://orderly.network) docs for details.

<Note>
  Perpetual futures trading fees are charged after every trade in USDC and are **factored into the
  position's average entry price**.
</Note>

# How fees work for Traders

As a Trader, you pay a single fee per trade that's set by the Builder (the DEX you're using).

* **Total fee paid:** You see one transparent fee per trade. This fee typically includes Orderly's base fee plus the Builder's margin.
* **How it's charged:** Fees are automatically deducted from your USDC balance when your trade executes.
* **Maker vs Taker:** Whether you pay the maker or taker rate depends on how your order is filled. If your order sits in the book and waits, you're a **Maker**. If it fills immediately, you're a **Taker**.

# How fees work for Builders

Orderly gives Builders full control over their pricing. You set your own trading fees while tapping into Orderly's shared liquidity.

* **Set your own fees:** You decide what to charge your users. The only rule: your fee must be at least as high as Orderly's **base fee**.
* **Keep the difference:** You retain **100% of the margin** between what you charge users and what Orderly charges you. You have full ownership to decide how to redistribute this margin — for example, using a portion to fund referral programs to help with platform growth, offering user rebates, or creating other incentive structures.
* **Base fee tiers:** The base fee Orderly charges you depends on your tier in the Builder Staking programme.

### Builder Staking programme

Builders can get lower base fees and better support by hitting monthly volume targets **or** staking \$ORDER tokens. **If you qualify for different tiers through both volume and staking, you automatically get the higher tier (lower fee).**

<Tabs>
  <Tab title="Overview">
    <img src="https://mintcdn.com/orderly/rl2nB87TuODN1taP/images/getting-started/orderly-builder-staking-program-1x.png?fit=max&auto=format&n=rl2nB87TuODN1taP&q=85&s=80390dd33d527fd7af336d054174e248" width="3840" height="2160" data-path="images/getting-started/orderly-builder-staking-program-1x.png" />
  </Tab>

  <Tab title="Public">
    **Requirements:** No volume or staking requirement.

    | Fee type              | Rate (bps) |
    | --------------------- | ---------- |
    | Crypto base taker fee | 3.00       |
    | RWA base taker fee    | 5.00       |
    | Crypto base maker fee | 0.00       |
    | RWA base maker fee    | 0.00       |

    **Marketing benefits:** None

    **Product & support:** SDK access & docs
  </Tab>

  <Tab title="Silver">
    **Requirements:** ≥ \$30M monthly aggregate volume **or** stake 100K \$ORDER

    | Fee type              | Rate (bps) |
    | --------------------- | ---------- |
    | Crypto base taker fee | 2.75       |
    | RWA base taker fee    | 4.75       |
    | Crypto base maker fee | -0.05      |
    | RWA base maker fee    | -0.15      |

    **Marketing benefits:**

    * Launch RT/QT from Orderly

    **Product & support:**

    * All Public benefits
    * Telegram support group
  </Tab>

  <Tab title="Gold">
    **Requirements:** ≥ \$90M monthly aggregate volume **or** stake 250K \$ORDER

    | Fee type              | Rate (bps) |
    | --------------------- | ---------- |
    | Crypto base taker fee | 2.50       |
    | RWA base taker fee    | 4.50       |
    | Crypto base maker fee | -0.10      |
    | RWA base maker fee    | -0.25      |

    **Marketing benefits:**

    * All Silver benefits
    * Co-marketing & social support
    * Partner intros

    **Product & support:**

    * All Silver benefits
    * **Referral privilege:** Can **sponsor referred Builders to receive Silver-tier pricing** (subject to requirements).
    * 24/7 tech support with SLAs
  </Tab>

  <Tab title="Platinum">
    **Requirements:** ≥ \$1B monthly aggregate volume **or** stake 2M \$ORDER

    | Fee type              | Rate (bps) |
    | --------------------- | ---------- |
    | Crypto base taker fee | 2.00       |
    | RWA base taker fee    | 4.00       |
    | Crypto base maker fee | -0.15      |
    | RWA base maker fee    | -0.35      |

    **Marketing benefits:**

    * All Gold benefits
    * Joint campaigns
    * "Platinum Builder" badge on website

    **Product & support:**

    * All Gold benefits
    * **Referral privilege:** Can **sponsor referred Builders to receive Silver or Gold-tier pricing** (subject to requirements).
    * Dedicated account manager
    * Product beta access
  </Tab>

  <Tab title="Diamond">
    **Requirements:** ≥ \$10B monthly aggregate volume **or** stake 7M \$ORDER

    | Fee type              | Rate (bps) |
    | --------------------- | ---------- |
    | Crypto base taker fee | 1.00       |
    | RWA base taker fee    | 3.00       |
    | Crypto base maker fee | -0.20      |
    | RWA base maker fee    | -0.50      |

    **Marketing benefits:**

    * All Platinum benefits
    * Flagship partner program
    * PR & paid media

    **Product & support:**

    * All Platinum benefits
    * **Referral privilege:** Can **sponsor referred Builders to receive Silver, Gold, or Platinum-tier pricing** (subject to requirements).
    * Dedicated support team and product advisory board seat
  </Tab>
</Tabs>

<Note>
  **Fee tier notes:**

  * **Volume calculation:** Monthly aggregate trading volume includes all activity from the Builder and their direct Builder referrals, calculated from daily snapshots to determine tier eligibility.
  * **RWA support:** RWA markets receive higher taker fees and higher maker rebates to account for weaker natural liquidity, external liquidity onboarding costs, wider spreads, inventory risk, and lower natural trading activity.
  * **Minimum tier assignments:** Minimum tiers may come from the distributor program or internal strategic assignments. They act as a floor, but builders can still move to higher tiers through staking or volume at the next daily refresh.
  * **Negative maker fees:** Builders at Silver tier and above receive maker rebates on qualifying orders. Trader rebates settle immediately on each execution; builder-side maker rebates and taker revenue are batched and settled together once per day.
</Note>
