Skip to content

update: updates settlement fee structure #21

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
advitxg wants to merge 1 commit into
base: main
Choose a base branch
from
Open

update: updates settlement fee structure #21

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
14 changes: 9 additions & 5 deletions build-with-gluex/router/fee-structure.mdx
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -5,17 +5,21 @@ description: "Transparent and fair Router API fees at GlueX"

At GlueX, **transparency and fairness** are core to our philosophy. Our Router API is designed not only for optimal trade execution, but also with a fee model that aligns the incentives of users, integrators, and the protocol itself

We apply a **0.03%–0.05% settlement fee** to all trades, which is shared between GlueX and the integrator. In addition, we implement a flexible **positive slippage sharing**, **partner fee configuration**, and an **surplus sharing mechanism** to ensure equitable outcomes for all parties
We apply a **settlement fee** to all trades, which varies based on the pair type: **0.15% for volatile pairs** and **0.03% for stable pairs**. This fee is shared between GlueX and the integrator. In addition, we implement a flexible **positive slippage sharing**, **partner fee configuration**, and a **surplus sharing mechanism** to ensure equitable outcomes for all parties

---

## Settlement Fees

GlueX applies a **0.03%–0.05% settlement fee** on every trade executed through the Router API. This fee is shared **50/50** between GlueX and the integrator
GlueX applies a minor settlement fee on every trade executed through the Router API. This fee is shared between GlueX and the integrator.

### Highlights
**Fee Structure:**
- **0.15% (15 bps)** on volatile pairs and custom assets
- **0.03% (3 bps)** on stablecoin swaps

- **Low settlement fees**: Between 0.03% and 0.05% per trade
> **Note**: Settlement fees can be adjusted based on the expected volume the integrator may drive to GlueX or any other considerations the GlueX team may find important to define a different fee schedule. Please contact us to discuss custom fee arrangements for enterprises.

**Key Details:**
- **Minimum floor**: 0.2c per trade, split equally between GlueX (0.1c) and integrator (0.1c)
- **Revenue sharing**: Settlement fees are split equally between GlueX and the integrator
- **No hidden costs**: What you quote is what the user gets — with all fees accounted for transparently in the returned values
Expand Down Expand Up @@ -58,7 +62,7 @@ Partner fees are factored into both `minOutputAmount` and `effectiveOutputAmount

| Recipient | Share of Surplus |
| ---------- | ---------------- |
| User | ≥ 33% |
| User | < 33% |
| Integrator | ≤ 33% |
| GlueX | ≤ 33% |

Expand Down