AshPerp Trading Fee Update: Unlock Greater Profits with Lower Fees

AshSwap
2 min readMay 29, 2024

Are trading fees cutting into your profits? Get ready to experience perpetual futures on-chain with the lowest trading fees ever on AshPerp! We are excited to announce significant reductions in our trading fees, making it easier and more profitable for you to trade.

What’s New?

Based on valuable community feedback, we are introducing a new fee structure that slashes our fees to unprecedented levels.

  • Open Fee: Previously 0.1% of the position size, now reduced to 0.05%.
  • Close Fee: Previously 0.1% of the position size, now reduced to 0.05%.
  • Borrowing Fee: Reduced by 2/3 to the previous standard fee through adjustments to the Vault parameters.

In detail, Max Open Interest is increased to lower passive borrowing fees. These changes balance the profitability of Vault liquidity providers and the benefits for traders. By recalculating average leverage and actual trader profits, we have managed to significantly reduce borrowing fees, enhancing the overall trading experience on AshPerp, while ensuring that the Vault remains healthy and secure.

Effective for All Trading Pairs

This new fee structure applies to all trading pairs on AshPerp, giving traders increased capital efficiency across the board.

How Are The New Fees Applied to AshGuard NFTs and Referral Codes?

AshGuard NFT open fee rebates and Referral Code open fee discounts will be calculated based on the new open fee.

Here’s how to get the discounts:

  1. Stake AshGuard NFTs: Stake your AshGuard NFTs for up to 50% rebates on fees, claimable at any time. You can buy AshGuard NFTs on XOXNO NFT Marketplace, FrameIt, or Flipix.
  2. Referral Code Discount: Redeem any referral code to get an extra 10% discount on open fees.

By combining these offers with the new fee structure, you can save a total of 77.5% on your open fees, permanently!

Start Trading on AshPerp Today!

Take advantage of these new, lower fees to maximize your trading profits. Join AshPerp and trade with confidence, knowing you’re getting the best deal on fees in the market.

Happy trading! 🔥 https://ashperp.trade/

About AshSwap

AshSwap is the leading one-stop DeFi hub on the MultiversX blockchain, providing top-notch DeFi features: Stable-swap DEX, DEX Aggregator, Auto-concentrated liquidity pools for higher capital efficiency, Governance Staking, and on-chain Perpetual Trading via AshPerp.

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