Lpotic
  • Introduction
  • Lpotic Trade
  • Lpotic Decentralized Oracle Network
    • Asset Classes
    • Trading Mechanics
    • Opening & Closing Positions
  • Slippage Mechanism & Liquidation Process
    • Liquidation Mechanism
    • Liquidation Residual Value
    • Fee Structure
    • Fee Allocation
  • lUSDT Vault
    • lUSDT Token
    • lUSDT Minting and Burning
  • $LPOTIC Tokenomics
    • $LPOTIC Allocation
    • Token Functionality
  • Lpotic DAO
  • Roadmap
  • Disclaimer
Powered by GitBook
On this page
  1. Slippage Mechanism & Liquidation Process

Fee Structure

Lpotic Trade maintains a transparent fee structure for various trading activities, including opening and closing positions, stop-loss orders, and spread calculations for different asset classes.

  • Fee Details:

    • Cryptocurrencies: Opening and closing fees of 0.1%, stop-loss fee of 0.015%, and variable spreads for different assets.

    • Forex: Tiered fee structure based on the trading pair.

    • Stocks, Indices, and Commodities: Specific fees and spreads tailored to each asset class.

Price Impact

  • Calculation: Price Impact = Fixed Spread + Dynamic Spread. The dynamic spread is calculated based on open interest and new open positions relative to market depth.

  • Final Quotation: The final price for an asset is derived by adjusting the oracle quote with the calculated spreads.

Borrowing Fee and Rollover Interest

  • Borrowing Fee Mechanism: Lpotic Trade treats open trades as vault borrowers, charging borrowing fees to the dominant position (long/short) based on the open position balance. These fees are paid to the lUSDT Vault as negative PnL.

  • Rollover Interest: Calculated based on the number of blocks from the opening to the closing of a transaction, applied to the collateral.

PreviousLiquidation Residual ValueNextFee Allocation

Last updated 1 year ago