Oval.Protocol
  • Oval Protocol
  • Product
    • Interface
    • Roadmap
    • Stake
    • Trade Rewards
    • Cross-Chain Bridge
  • TOKEN
    • Allocation
  • TEAM
    • Members
  • RULES
    • Fee
    • Trading Rules
    • Funding
    • Disclaimer
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  • Taker: 0.0700%
  • Maker: 0.0200%
  1. RULES

Fee

Taker: 0.0700%

When you place an order that is immediately filled in its entirety (for example a market or stop order) you are a “taker,” and you pay a “taker” fee for this. The idea is that you are “taking” the price you want, right now, generally by buying or selling limit orders sitting on the books.

Maker: 0.0200%

Meanwhile, when you place an order that doesn’t fill immediately (like a limit order), you are a “maker,” and you can expect to pay a reduced “maker” fee for this. As noted above, this terminology comes from the fact that placing limit orders on the books helps to “make the market,” (it makes you a “market maker”).

Withdrawal Fee: 2 USDT

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Last updated 3 years ago