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Fees

Trading fees are assessed per fill according to the account's fee tier and its role in the trade.

  • Maker: the resting order.
  • Taker: the incoming order.

For perpetuals, the trading fee is the fill notional multiplied by the applicable fee rate. Fees are charged in the quote asset.

Fee-tier qualification

Fee tiers are evaluated daily using maker activity from the last 14 completed UTC days. The current, incomplete UTC day is not included.

Maker volume is aggregated across the trading accounts owned by the same wallet. Taker volume does not count toward standard fee-tier qualification.

Traders qualify through either:

  • wallet-wide maker volume; or
  • for T2 through T4, the wallet's share of total platform maker volume over the same period.

Mainnet fee schedule

The following rates reflect the live mainnet Nord configuration as of July 30, 2026.

TierWallet-wide maker volumeAlternative maker shareMaker feeTaker fee
T1≤ $5M0.01%0.035%
T2> $5M≥ 0.5%0.005%0.03%
T3> $25M≥ 2.5%0%0.025%
T4> $100M≥ 10%0%0.023%
T5> $1B0%0.02%

The N1 app displays the tier and fee rates currently applied to an account. Traders who qualify for a higher tier on another venue may apply for Fee Tier Matching from the Fee Tier screen.

Withdrawal fees

Under normal conditions, an external withdrawal incurs a fee equal to 1 USDC. For withdrawals in another asset, the equivalent amount is deducted from that asset using its current index price.

Transfers between N1 trading accounts do not incur this fee. The amount to be received is displayed before a withdrawal is confirmed.

These materials are provided for informational purposes only and do not constitute financial, investment, legal, or tax advice, or an offer or solicitation to buy or sell any asset. Trading digital assets and derivatives involves substantial risk, including the possible loss of some or all capital. Products may not be available in all jurisdictions. Users are responsible for evaluating suitability and complying with applicable laws.