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Priest.trade features a low, transparent fee schedule that rewards liquidity makers and provides generous monetization for token creators and listers.

1. Trade Fee Schedule

Note on Network Gas: Every transaction requires a tiny network fee paid in native MON to the Monad validator network (typically less than $0.001).

2. On-Chain Fee Split Waterfall

Every taker fee collected by PerpesEngine is automatically routed on-chain across four stakeholders:

Creator Qualification Gate:

  • A token creator permanently unlocks the 50% fee split if the market achieves at least $100,000 in volume within its first 30 days.
  • If a market fails to reach this threshold within 30 days, the creator fee remains at the base 25% share.
  • Listers of permissionless existing tokens also earn creator fee shares! See Creator Earnings.

3. Referral Fee Credits

If you refer friends using your custom referral link:
  • 5% of your referee’s trading fees are credited directly to your referral earnings.
  • Referral rewards are tracked continuously and distributed in points and claimable USDC.
  • See Referrals for full details.

4. Net Round-Trip Cost Calculation

To calculate your total breakeven price movement on a round-trip trade: Round-Trip Cost=Open Fee+Close Fee+Slippage+Funding Cost\text{Round-Trip Cost} = \text{Open Fee} + \text{Close Fee} + \text{Slippage} + \text{Funding Cost} For a standard market order with minimal slippage:
  • Open Taker Fee = 0.10%
  • Close Taker Fee = 0.10%
  • Total Base Fee = 0.20%
A price movement of just 0.20% in your favor covers all platform fees, after which your position is in net profit.