Understanding Fees and Rewards on Crypto Valley Exchange

Crypto Valley Exchange
3 min readMar 19, 2024

As we gear up for the Mainnet launch, we’re sharing a preview of our structured fee system and rewards mechanism to enhance your trading experience. This guide aims to demystify our fee structure and rewards, making your journey with us profitable and engaging.

A Closer Look at Fees

At CVEX, each trade carries an operational fee, which is a small charge for order delivery and execution. This fee varies depending on the type of delivery and execution mode you choose. For example:

  • Instant Execution (1–2 seconds). For those seeking speed, fees range from $0.20 to $0.30, depending on whether it’s a trusted or signed delivery.
  • Relaxed Mode (around 30 seconds). A cost-effective choice offering significant savings, with fees as low as $0.05 for trusted delivery.
  • Direct Calls to the Smart Contract. Incur only a minimal operational fee of $0.02, plus the cost of gas used.

Traders can also bundle orders in a batch to save on costs, which is especially useful for options trading or adjusting orders.

When it comes to liquidations and settlements, a small fee applies, ensuring the platform can sustainably manage these processes. Yet, there are no fees for deposits and withdrawals, except for the standard gas costs.

Trading Fees Explained

Trading fees are differentiated between makers and takers based on their contribution to the liquidity in the order book. Makers add liquidity by placing orders that are not immediately matched, thus building the market. Takers remove liquidity by matching with these orders. Fees for takers start at 0.00300%, while makers receive rebates, encouraging market-making activities.

Holding CVEX Tokens unlocks tier-based discounts on trading fees, rewarding our community’s commitment. Discounts range from 10% to 20%, depending on your staking tier, making trading more advantageous for our loyal users.

Rewards for Keeping the Market Efficient

Frontends and Clearance Bots play a crucial role in maintaining market efficiency. They are reimbursed for gas costs and receive a premium for their operational expenses. Additionally, bots that help manage risk by initiating margin calls or terminating risky orders are rewarded, ensuring a stable trading environment.

Your engagement with CVEX is pivotal. The fees and rewards system is designed with the community in mind, balancing operational sustainability with user incentives. As we progress towards our Mainnet launch, we value your feedback and participation in shaping a platform that truly reflects the needs of our users.

Stay tuned for updates and join us in redefining decentralised trading. Your journey with CVEX is just beginning, and we’re excited to have you aboard.

About Crypto Valley Exchange (CVEX)

Crypto Valley Exchange (CVEX) is a pioneering force in decentralised finance, offering advanced Options & Futures trading with over 1000x leverage. It features real-time Value-at-Risk (VaR) portfolio management and cross-margin capabilities, enabling efficient and dynamic trading across cryptocurrencies and commodities. From inception, CVEX supports major chains like Ethereum and Arbitrum, allowing seamless USDC transactions. Its commitment to security and efficiency positions CVEX as a leader in DeFi innovation.

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Crypto Valley Exchange

Decentralized Futures & Options Platform for Crypto and Commodities with up to 1155x leverage. Unique VaR margin. Gas-free trades. Built on Arbitrum