VeniceSwap's Spot trading fee structure is based on a tier system, where fees vary depending on the trader's 90-day trading volume and the market capitalization of the traded asset. This guide explains how fee tiers work, how trading volume is calculated, and how fees are applied.
Fee Tiers
Traders are categorized into different tiers based on their 90-day weighted Spot trading volume. Moving to a higher tier reduces trading fees.
Tier
Spot Trading Volume (90-day)
Level 1
≤$15,000,000
Level 2
>$15,000,000
Level 3
>$30,000,000
Level 4
>$50,000,000
Level 5
>$75,000,000
Fee Rates
Fees are determined by your tier level and the market Cap of the traded asset:
Tier
Market Cap > 1B
Market Cap > $500M
Market Cap > $100M
Market Cap ≤ $100M
Level 1
0.50%
0.60%
0.70%
0.80%
Level 2
0.40%
0.50%
0.60%
0.70%
Level 3
0.30%
0.40%
0.50%
0.60%
Level 4
0.20%
0.30%
0.40%
0.50%
Level 5
0.10%
0.20%
0.30%
0.40%
Weighted Volume Calculation
VeniceSwap uses a weighted volume system where the credited trading volume depends on the market cap of the traded asset. Smaller market cap assets count more toward tier progression, while larger market cap assets count less.
Market Cap
Credited Volume
Below $100M
100%
Above $100M
75%
Above $500M
50%
Above $1B
25%
Example Calculation
Below is an example demonstrating how the weighted volume calculation affects tier progression. The credited volume is adjusted based on the market cap of the traded assets.