Overview of Fee Structure
| Base Fee | Custom Fee | |
|---|---|---|
| Who receives | Orderly (100%) | Builder (100%) |
| Taker | 3 bps | Set by builder |
| Maker | 0 bps | Set by builder |
The base fee is subject to change according to the builder staking programme.
User Flow for Builders
Determine fee tiers
Decide on the logic for fee tiers based on specific criteria (e.g. volume, staked tokens), or set all users under the same fee rate.
Calculate fee rates
Assign users to fee rates based on the chosen criteria.Orderly provides a fee tier assignment tool for volume-based tiers.
The fee rate is the total charged to the user (Orderly base fee + custom fee). It cannot be less than the Orderly base fee.
Set the default fee rate
Set the
default fee rate through POST /v1/broker/fee_rate/default.Set per-user fees
Send updated fee assignments to Orderly:
- Users keeping their current rate (including default): no update needed
- Users reset to default: send through POST
/v1/broker/fee_rate/set_default - Users assigned a new rate: send through POST
/v1/broker/fee_rate/set— batch bymaker_fee/taker_feecombination
All users are assigned the default fee rate unless overridden by the builder.
Retrieve fee rates
- User fee rate: GET
/v1/broker/user_info - Default fee rate: GET
/v1/broker/fee_rate/default
Builder Rebate Distribution
Builders receive daily rebates in their fee wallet, calculated after deducting any referral rebates.FAQs
Will there be limitations on how often fee rates can be changed?
Will there be limitations on how often fee rates can be changed?
There are no inherent limitations besides API rate limits, but we recommend prudent management to maintain consistency and trust with end users.
How to set fees for users?
How to set fees for users?
Builders can develop a custom tiered structure based on different parameters like volume, staked tokens, etc.
Can I get help determining and setting fees?
Can I get help determining and setting fees?
Orderly provides a fee tier assignment tool to help builders assign users to volume-based tiers.
How does the rebate work for builders?
How does the rebate work for builders?
Builders keep all fees above the Orderly base fee (3 bps taker, 0 bps maker).
How are fee rebates distributed?
How are fee rebates distributed?
Builder fee rebates are distributed daily to the builder’s Orderly account registered with the wallet provided during the builder ID setup.
What are the fee wallet requirements?
What are the fee wallet requirements?
Currently EOA only, with multisig support upcoming.