# Perps - Settlement Costs

## Settlement Costs overview: `Perpetual Products`

Settlement 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 "mention")\ <br>

## Settlement Cost reduction Table

| Monthly Volume         | $SYMM Holdings in % | Settlement costs in % |
| ---------------------- | ------------------- | --------------------- |
| $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:&#x20;

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.**<br>

{% hint style="info" %}
Please note that these thresholds are subject to adjustment, and we aim to optimize them in the best interest of our frontend partners and the wider Symmio network.\
This program aims to provide a significant fee rebate to subnets, incentivizing increased $SYMM holdings. This will, in turn, drive the overall growth of Symmio.
{% endhint %}

## Early Adopter Program

{% hint style="warning" %}

#### Early Adopter Program

Frontend Builders 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>
{% endhint %}

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 frontend builders will be given special deals to push our adoption at the beginning.

During the Early Adopter Program, Frontend Builders will start earning 60% of the profit right away.

### Early adopter Frontend Builders:

| Frontend                                    | Frontend Share | Protocol Share | Service Fee |
| ------------------------------------------- | -------------- | -------------- | ----------- |
| <ol><li>Thena (serviced)</li></ol>          | 51%            | 34%            | 15%         |
| <ol start="2"><li>Based Markets</li></ol>   | 60%            | 40%            | 0%          |
| <ol start="3"><li>IntentX</li></ol>         | 70%            | 30%            | 0%          |
| <ol start="4"><li>CORE (serviced)</li></ol> | 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 frontend builders will enhance the overall strength, stability, and prosperity of the SYMMIO network.

We encourage all frontend builders to participate in this program and join us in revolutionizing the SYMMIO landscape.

For any further information, please check out our

[Broken link](https://docs.symm.io/solver-documentation/solver-trading-fees/broken-reference "mention")&#x20;

[solver-documentation](https://docs.symm.io/solver-documentation/solver-documentation "mention")

[Broken link](https://docs.symm.io/solver-documentation/solver-trading-fees/broken-reference "mention")&#x20;

or contact us via Discord [https://discord.gg/invite/symmio](https://discord.com/invite/symmio) or email us at <info@symm.io>
