💵Fees

An overview of the trading fees charged on JOJO.

Trading Fees

Perpetual

JOJO has the lowest trading fees on Base. The trading fee rate for taker is 0.04% and maker is 0.01%.

Maker Fee: 0.01%

Taker Fee: 0.04%

1000X

The opening fee and the closing fee are different. Fee rate of opening a position is 0.02%. If your position is not profitable, you do not need to pay a closing fee. The higher the profit, the higher the closing fee.

There is no gas fees for 1000x trading!

Opening Fee: 0.02%

Closing Fee: according to the profit

ROE	Closing Fee Rate
ROE <= 0%	0
0 < ROE <= 20%	10%
20% < ROE <= 50%	20%
50% < ROE <= 75%	30%
75% < ROE <= 100%	40%
100% < ROE <= 150%	50%
150% < ROE <= 200%	60%
200% < ROE <= 250%	70%
R > 250%	80%

eg. if your position margin equals 10 USDC, when you close the position at 160% ROE, the closing fee would be calculated like this:

The fee is calculated based on different profit brackets:

• For 0 < ROE <= 20%: Profit range: 10 * 0.2 = 2 USDC Fee: 2 * 10% = 0.2 USDC

• For 20% < ROE <= 50%: Profit range: 10 * (0.5 - 0.2) = 3 USDC Fee: 3 * 20% = 0.6 USDC

• For 50% < ROE <= 75%: Profit range: 10 * (0.75 - 0.5) = 2.5 USDC Fee: 2.5 * 30% = 0.75 USDC

• For 75% < ROE <= 100%: Profit range: 10 * (1.0 - 0.75) = 2.5 USDC Fee: 2.5 * 40% = 1.0 USDC

• For 100% < ROE <= 150%: Profit range: 10 * (1.5 - 1.0) = 5 USDC Fee: 5 * 50% = 2.5 USDC

• For 150% < ROE <= 200%: Profit range: 10 * (1.6 - 1.5) = 1 USDC Fee: 1 * 60% = 0.6 USDC

Final Fee Calculation: Fee = 0.2 + 0.6 + 0.75 + 1.0 + 2.5 + 0.6 = 5.65 USDC