Fees

Flash Trade implements a dynamic fee structure across different asset pools. Understanding these fees is essential for optimizing your trading strategy.

Overview

All trading fees consist of three main components:

• Open/Close Fees - Charged when opening or closing positions

• Margin Fees - Continuous fees on open positions based on utilization

• Swap Fees - Applied when using different collateral assets

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1

Pool 1: Crypto Assets

Supported: BTC, ETH, SOL, ZEC

Open/Close Fees

• Applied: On both position opening and closing

Supported Markets & Fees

Market	Open/Close Fee
SOL	0.051% (Giga Chad 0.045%)
BTC	0.051% (Giga Chad 0.045%)
ETH	0.051% (Giga Chad 0.045%)
ZEC	0.1% (Giga Chad 0.088%)

Margin Fees

• Rate: Variable based on pool utilization

• Cap: 90% utilization maximum

• Calculated by the formula below:

Note: Utilization ≥ 72% triggers higher rates

Swap Fees

Applied when using non-native collateral:

• Calculated by the formulas below:

$$SwapFee_{total}=SwapFee_{paying}+BaseFee_{paying}$$

Fee Parameters:

Component	Rate
Fee Target	0.00075
Fee Max	0.0015
Base Fee	0.0002

2

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Pool 2: Synthetic Assets

Supported: EUR, GBP, Gold, Silver, Crude Oil

Open/Close Fees

• Applied: On both position opening and closing

Supported Markets & Fees

Market	Open/Close Fee
FX	0.04% (Giga Chad 0.035%)
Metals	0.15% (Giga Chad 0.132%)
Crude Oil	0.15% (Giga Chad 0.132%)

Margin Fees

• Same structure as Pool 1 (Crypto Assets)

• Utilization-based dynamic rates

3

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Pool 3: Solana Assets

Supported: JUP, JTO, KMNO, RAY, PYTH, W

Open/Close Fees

• Applied: On both position opening and closing

Market	Open/Close Fee
JUP	0.11% (Giga Chad 0.097%)
JTO	0.11% (Giga Chad 0.097%)
RAY	0.11% (Giga Chad 0.097%)
KMNO	0.2% (Giga Chad 0.176%)
2Z	0.2% (Giga Chad 0.176%)
MET	0.2% (Giga Chad 0.176%)
PYTH	0.11% (Giga Chad 0.097%)

Swap Fees

• Calculated by the formulas below:

$$SwapFee_{total}=SwapFee_{paying}+SwapFee_{receiving}+BaseFee_{paying} +BaseFee_{receiving}$$

Fee Parameters:

Component	Rate
Fee Target	0.001125
Fee Max	0.00225
Base Fee	0.0003

4

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Pools 4+ : Meme Assets

Supported: BONK, WIF, PENGU, SAMO, FARTCOIN

Open/Close Fees

• Applied: On both position opening and closing

Market	Open/Close Fee
PUMP	0.12% (Giga Chad 0.106%)
PENGU	0.12% (Giga Chad 0.106%)
BONK	0.12% (Giga Chad 0.106%)
WIF	0.12% (Giga Chad 0.106%)
FARTCOIN	0.12% (Giga Chad 0.106%)
SAMO	0.17% (Giga Chad 0.15%)

Margin & Swap Fees

• Margin: Same as Pool 1

• Swap: Same formula as Pool 3

Token Pool Compositions

FLP.1

TOKEN	Target ratio	Min ratio	Max ratio
JitoSOL	23.50%	14%	45%
BTC	22.50%	15%	40%
USDC	45%	15%	55%
SOL	3%	0.10%	45%
ETH	3%	1%	12%
ZEC	3%	1%	12%

FLP.2

FLP.3

FLP.4

FLP.5

FLP.6

FLP.7

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Margin Fee Rates by Asset

Major

Asset	≤ Optimal Utilization	> Optimal Utilization
BTC	30%	105%
SOL	56%	105%
ETH	30%	105%

Synthetic

Solana Ecosystem

Meme Tokens

Stablecoins

Fee Calculation Formulas

Swap Fee Components

• Details on the components of the Swap Fee are below. FeeMin is always 0.

$$SwapFee_{paying}=M(Ratio)+b \\ M = \frac{Fee_{target}-Fee_{min}}{Ratio_{target}-Ratio_{min}} \\ b=Fee_{min}-M(Ratio_{min})$$

USDC Special Fee Structure

Component	Fixed Fee
Add/Mint Liquidity	0 bps
Remove/Burn Liquidity	15 bps

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Important Notes

⚠️ Utilization Cap: All pools maintain a 90% utilization cap to ensure liquidity provider withdrawals remain possible.

📊 Dynamic Pricing: All swap fees are calculated dynamically based on current pool ratios and target balances.

🔄 Real-time Updates: Margin fees are calculated and charged continuously based on current utilization rates.