> For the complete documentation index, see [llms.txt](https://basedapp.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basedapp.gitbook.io/docs/based/fees.md).

# Fees

**Summary**

The following fees are charged on Based before any HYPE or BASED staking discount. 

| Assets                   | Taker  | Maker  |
| ------------------------ | ------ | ------ |
| Perps (with growth mode) | 0.011% | 0.005% |
| Perps                    | 0.07%  | 0.04%  |

Some markets on Hyperliquid has growth-mode enabled by Hyperliquid Protocol. Usually, equity perps deployed by XYZ has growth-mode enabled. 

When you trade on Based, your total fee is made up of two parts:

1. **Hyperliquid trading fee** — set by Hyperliquid based on your volume tier and staking level
2. **Based builder fee** — a small fee added by Based on top of the Hyperliquid fee

Your **total fee = Hyperliquid trading fee + Based builder fee**.

## Total Fees at a Glance

### Without staking

| Market             | Action     | HL Fee (Taker) | Based Builder Fee | Total      |
| ------------------ | ---------- | -------------- | ----------------- | ---------- |
| Perp               | Buy / Sell | 0.045%         | 0.025%            | **0.070%** |
| Perp (Growth Mode) | Buy / Sell | 0.009%         | 0.002%            | **0.011%** |
| Spot               | Buy        | 0.070%         | None              | **0.070%** |
| Spot               | Sell       | 0.070%         | 0.1%              | **0.170%** |

### With Diamond $BASED staking (600,000+ $BASED)

| Market | Action     | HL Fee (Taker) | Based Builder Fee | Total      |
| ------ | ---------- | -------------- | ----------------- | ---------- |
| Perp   | Buy / Sell | 0.045%         | 0%                | **0.045%** |
| Spot   | Buy        | 0.070%         | None              | **0.070%** |
| Spot   | Sell       | 0.070%         | 0%                | **0.070%** |

Maker fees are lower — see the full tier tables below.

Both parts of the fee can be reduced:

* **HL trading fee** — reduced by volume tiers and [HYPE staking](#staking-tiers)
* **Based builder fee** — reduced by [$BASED staking](#based-staking-discounts) (up to 100% off)

Majority of builder fees (up to 76%) are redistributed as affiliate rewards to our community. See our [Affiliate Program](/docs/based/affiliate-program.md) for details.

***

## Hyperliquid Trading Fees

Trading fees are based on your rolling 14-day volume and are assessed at the end of each day in UTC. Sub-account volume counts toward the master account and all sub-accounts share the same fee tier. Vault volume is treated separately from the master account. Referral rewards apply for a user's first $1B in volume and referral discounts apply for a user's first $25M in volume.

Maker rebates are paid out continuously on each trade directly to the trading wallet. Users can claim referral rewards from the Referrals page.

There are separate fee schedules for perps vs spot. Perps and spot volume will be counted together to determine your fee tier, and spot volume will count double toward your fee tier. i.e., `(14d weighted volume) = (14d perps volume) + 2 * (14d spot volume)`

### Perps fee tiers

| Tier | 14d Volume ($) | Base Taker | Base Maker | Diamond Taker | Diamond Maker | Platinum Taker | Platinum Maker | Gold Taker | Gold Maker | Silver Taker | Silver Maker | Bronze Taker | Bronze Maker | Wood Taker | Wood Maker |
| ---- | -------------- | ---------- | ---------- | ------------- | ------------- | -------------- | -------------- | ---------- | ---------- | ------------ | ------------ | ------------ | ------------ | ---------- | ---------- |
| 0    |                | 0.045%     | 0.015%     | 0.0270%       | 0.0090%       | 0.0315%        | 0.0105%        | 0.0360%    | 0.0120%    | 0.0383%      | 0.0128%      | 0.0405%      | 0.0135%      | 0.0428%    | 0.0143%    |
| 1    | >5M            | 0.040%     | 0.012%     | 0.0240%       | 0.0072%       | 0.0280%        | 0.0084%        | 0.0320%    | 0.0096%    | 0.0340%      | 0.0102%      | 0.0360%      | 0.0108%      | 0.0380%    | 0.0114%    |
| 2    | >25M           | 0.035%     | 0.008%     | 0.0210%       | 0.0048%       | 0.0245%        | 0.0056%        | 0.0280%    | 0.0064%    | 0.0298%      | 0.0068%      | 0.0315%      | 0.0072%      | 0.0333%    | 0.0076%    |
| 3    | >100M          | 0.030%     | 0.004%     | 0.0180%       | 0.0024%       | 0.0210%        | 0.0028%        | 0.0240%    | 0.0032%    | 0.0255%      | 0.0034%      | 0.0270%      | 0.0036%      | 0.0285%    | 0.0038%    |
| 4    | >500M          | 0.028%     | 0.000%     | 0.0168%       | 0.0000%       | 0.0196%        | 0.0000%        | 0.0224%    | 0.0000%    | 0.0238%      | 0.0000%      | 0.0252%      | 0.0000%      | 0.0266%    | 0.0000%    |
| 5    | >2B            | 0.026%     | 0.000%     | 0.0156%       | 0.0000%       | 0.0182%        | 0.0000%        | 0.0208%    | 0.0000%    | 0.0221%      | 0.0000%      | 0.0234%      | 0.0000%      | 0.0247%    | 0.0000%    |
| 6    | >7B            | 0.024%     | 0.000%     | 0.0144%       | 0.0000%       | 0.0168%        | 0.0000%        | 0.0192%    | 0.0000%    | 0.0204%      | 0.0000%      | 0.0216%      | 0.0000%      | 0.0228%    | 0.0000%    |

### Spot fee tiers

| Tier | 14d Volume ($) | Base Taker | Base Maker | Diamond Taker | Diamond Maker | Platinum Taker | Platinum Maker | Gold Taker | Gold Maker | Silver Taker | Silver Maker | Bronze Taker | Bronze Maker | Wood Taker | Wood Maker |
| ---- | -------------- | ---------- | ---------- | ------------- | ------------- | -------------- | -------------- | ---------- | ---------- | ------------ | ------------ | ------------ | ------------ | ---------- | ---------- |
| 0    |                | 0.070%     | 0.040%     | 0.0420%       | 0.0240%       | 0.0490%        | 0.0280%        | 0.0560%    | 0.0320%    | 0.0595%      | 0.0340%      | 0.0630%      | 0.0360%      | 0.0665%    | 0.0380%    |
| 1    | >5M            | 0.060%     | 0.030%     | 0.0360%       | 0.0180%       | 0.0420%        | 0.0210%        | 0.0480%    | 0.0240%    | 0.0510%      | 0.0255%      | 0.0540%      | 0.0270%      | 0.0570%    | 0.0285%    |
| 2    | >25M           | 0.050%     | 0.020%     | 0.0300%       | 0.0120%       | 0.0350%        | 0.0140%        | 0.0400%    | 0.0160%    | 0.0425%      | 0.0170%      | 0.0450%      | 0.0180%      | 0.0475%    | 0.0190%    |
| 3    | >100M          | 0.040%     | 0.010%     | 0.0240%       | 0.0060%       | 0.0280%        | 0.0070%        | 0.0320%    | 0.0080%    | 0.0340%      | 0.0085%      | 0.0360%      | 0.0090%      | 0.0380%    | 0.0095%    |
| 4    | >500M          | 0.035%     | 0.000%     | 0.0210%       | 0.0000%       | 0.0245%        | 0.0000%        | 0.0280%    | 0.0000%    | 0.0298%      | 0.0000%      | 0.0315%      | 0.0000%      | 0.0333%    | 0.0000%    |
| 5    | >2B            | 0.030%     | 0.000%     | 0.0180%       | 0.0000%       | 0.0210%        | 0.0000%        | 0.0240%    | 0.0000%    | 0.0255%      | 0.0000%      | 0.0270%      | 0.0000%      | 0.0285%    | 0.0000%    |
| 6    | >7B            | 0.025%     | 0.000%     | 0.0150%       | 0.0000%       | 0.0175%        | 0.0000%        | 0.0200%    | 0.0000%    | 0.0213%      | 0.0000%      | 0.0225%      | 0.0000%      | 0.0238%    | 0.0000%    |

### Staking tiers

Staking HYPE reduces your Hyperliquid trading fees. These discounts apply to the HL fee portion only.

| Tier     | HYPE staked | Trading fee discount |
| -------- | ----------- | -------------------- |
| Wood     | >10         | 5%                   |
| Bronze   | >100        | 10%                  |
| Silver   | >1,000      | 15%                  |
| Gold     | >10,000     | 20%                  |
| Platinum | >100,000    | 30%                  |
| Diamond  | >500,000    | 40%                  |

### Maker rebates

| Tier | 14d weighted maker volume | Maker fee |
| ---- | ------------------------- | --------- |
| 1    | >0.5%                     | -0.001%   |
| 2    | >1.5%                     | -0.002%   |
| 3    | >3.0%                     | -0.003%   |

***

## Based Builder Fees

Based charges a builder fee on top of Hyperliquid trading fees:

| Market | Action     | Builder Fee |
| ------ | ---------- | ----------- |
| Perp   | Buy / Sell | 0.025%      |
| Spot   | Buy        | None        |
| Spot   | Sell       | 0.1%        |

### $BASED Staking Discounts

Stake $BASED to reduce your Based builder fees. Diamond tier eliminates builder fees entirely. See [Staking](/docs/based/staking.md) for full details.

| Tier    | $BASED Staked | Builder Fee Discount |
| ------- | ------------: | -------------------: |
| —       |      < 60,000 |                   0% |
| Silver  |       60,000+ |                  30% |
| Gold    |      300,000+ |                  60% |
| Diamond |      600,000+ |                 100% |

**Example — Spot sell builder fee (0.1%):**

| Tier           | Builder Fee After Discount |
| -------------- | -------------------------: |
| No stake       |                      0.10% |
| Silver (60K)   |                      0.07% |
| Gold (300K)    |                      0.04% |
| Diamond (600K) |                         0% |

***

## HIP-3 Assets

**Growth mode OFF**

* User trading fees are 2x the usual fee of validator-operated perps. Documented [here](https://hyperliquid.gitbook.io/hyperliquid-docs/hyperliquid-improvement-proposals-hips/hip-3-builder-deployed-perpetuals)
* Builder fees don't change

**Growth mode ON**

* 80% fee reduction for all Growth Mode perpetual markets. Hyperliquid protocol has enabled growth mode on most xyz markets
* Based charges a flat builder fee of 0.002% (reduced from 0.025%).

***

## Prediction Market Fees

For full details on prediction market fees, see our [Prediction Markets page](/docs/based/prediction.md)