Jun 7, 01:11 PM

Jupiter Exchange Reduces Jupiter Perps Fees to 0.07%, JLP Earns 75%

On June 7, 2024, Jupiter Exchange announced a reduction in open/close fees for Jupiter Perps from 0.1% to 0.07%. Additionally, JLP will now earn 75% of the fees on Perps. The exchange has also introduced a new price impact fee, which simulates the orderbook impact of trades, with larger trades incurring higher fees. This fee restructuring aims to address traders' concerns about high fees.

#Jupiter Exchange #Jupiter Perps #JLP

Written with ChatGPT (GPT-4o).

Sources

BSCN Headlines@BSCNheadlines
2 years ago
JUST IN: JUPITER EXCHANGE ADJUSTS FEES FOR JUPITER PERPS, REDUCING OPEN/CLOSE FEES FROM 0.1% TO 0.07%
SolanaFloor@SolanaFloor
2 years ago
🚨 NEW: @JupiterExchange has adjusted the fees for Jupiter Perps, reducing open/close fees from 0.1% to 0.07%, with JLP now earning 75% of the fees on Perps. https://t.co/CA6NXaFV0M
DEGEN NEWS@DegenerateNews
2 years ago
NEW: @JupiterExchange REDUCES OPEN/CLOSE FEES ON PERPS FROM 0.1% TO 0.07% AND ANNOUNCES THAT JLP NOW EARNS 75% OF PERP FEES - IMPLEMENTS NEW PRICE IMPACT FEE, WHICH SIMULATES THE ORDERBOOK IMPACT OF TRADES, “THE LARGER THE TRADE, THE HIGHER THE FEE” https://t.co/m0UHOkfuOa

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Jupiter Exchange Reduces Jupiter Perps Fees to 0.07%, JLP Earns 75%

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