Fees & Discounts

At baseline fee, 1 trade = 1 $CYPH

Standard Trading Volume Tiers (30d volume):

tier	volume (30d)	maker	taker
1	< $1,000,000	.75 $CYPH	1 $CYPH
2	≥ $1,000,000	.65 $CYPH	.9 $CYPH
3	≥ $5,000,000	.55 $CYPH	.8 $CYPH
4	≥ $10,000,000	.45 $CYPH	.7 $CYPH
5	≥ $20,000,000	.025 $CYPH	.05 $CYPH
VIP	≥ $100,000,000	.0001 $CYPH	.0005 $CYPH

Borrow/Lending Fees:

action	fee
lending	0 $CYPH
borrow - on platform	1 $CYPH
borrow - off platform	5 $CYPH

$CYPH Token Holder Discounts:

tier	$CYPH balance	discount
1	≥ 1,000	5%
2	≥ 50,000	10%
3	≥ 100,000	15%
4	≥ 250,000	20%
5	≥ 500,000	25%
6	≥ 1,000,000	30%
7	≥ 2,500,000	35%
8	≥ 5,000,000	40%
9	≥ 7,500,000	45%
VIP	≥ 10,000,000	50%

Note: Some of these values may still subject to change. Once the platform is live, these values can be subject to change according to DAO votes.