Perps - Settlement Costs
To settle perps on Symmio there is a plattform fee that is charged for each executed bilateral agreement.
Settlement Costs overview: Perpetual Products
Perpetual ProductsSettlement cost for Endusers: 3 Basis Points
Settlement cost for Solvers: 0 Basis points
Settlement cost for Subnets (Frontends): reduced based on Table Settlement Cost reduction Table
Settlement Cost reduction Table
$10,000,000 ($10M)
0.0625%
70%
$25,000,000 ($25M)
0.125%
60%
$50,000,000 ($50M)
0.25%
50%
$100,000,000 ($100M)
0.5%
40% (early adopters)
$1,000,000,000 ($1B)
0.75%
30%
$10,000,000,000 ($10B)
2%
20%
$30,000,000,000 ($30B)
2.5%
15%
EXAMPLE A - VOLUME based:
Frontend A generated 10M in monthly volume it receives a 30% fee rebate. EXAMPLE B - $SYMM Holding based:
Fontend B locked 0.5% of the circulating $SYMM Supply into an NFT, it receives a 60% fee rebate.
Early Adopter Program
Early Adopter Program
Frontends enrolled into the early adopter program enjoy earning 60% of their fees immediately on day one from their launch. However, to maintain this advantage, they must meet one of the following conditions during their first year of operation:
Achieve a monthly volume of $100,000,000 or more
Acquire at least 0.5% of SYMM tokens
In the 13th month of operation, if they fail to generate a monthly volume of $100 million or do not hold 0.5% of SYMM tokens, their profit share will be adjusted according to their actual volume and $SYMM holdings.
The early adopter program will continue until Symmio sustains daily volumes between $250 million and $500 million over a prolonged period.
For any questions regarding the early adopter program, feel free to contact us at info@symm.io
We understand early adopters' crucial role in successfully growing and adopting new technologies. To appreciate and reward this, we are launching an "Early Adopter Program" where the first five frontends will be given special deals to push our adoption at the beginning.
During the Early Adopter Program, Frontends will start earning 60% of the profit right away.
Early adopter Frontends:
Thena (serviced)
51%
34%
15%
Based Markets
60%
40%
0%
IntentX
70%
30%
0%
CORE (serviced)
51%
34%
15%
Final Note
By creating this Fee Sharing Program, we aim to foster an ecosystem where collaboration and mutual growth are at the forefront. We firmly believe that this symbiotic relationship with frontends will enhance the overall strength, stability, and prosperity of the SYMMIO network.
We encourage all frontends to participate in this program and join us in revolutionizing the SYMMIO landscape.
For any further information, please check out our
Last updated