Fees

AZEx offers one of the most competitive trading fees in the industry and adopts a clear, transparent model for fee distribution：

Spot

Dynamic Swap Fees

AZEx's algorithm automatically adjusts fees based on market conditions and trading volume.

• Swap Fee Range: 0.01%～1.00%

New Market Distribution

10% of New Market fees are used to buy back Base Tokens and fund the NFT Jackpot, with the distribution as follows:

• 90% to Pool Liquidity Provider

• 10% azUsd to Buyback Base token

• 10% Base token to NFT Jackpot

Existing Market Distribution

100% of Existing Market fees are fully distributed to Pool liquidity providers as rewards.

• 100% to Pool Liquidity Provider

Perpetual

Position Fee

AZEx charges a fixed position fee only upon closing a position, calculated as a percentage of the position size.

• Position Fee Rate: 0.05%

Borrow Fee

Borrow Fee — A time-based cost for using borrowed liquidity to keep a position open. It is charged every 8 hours, with the rate dynamically set by the Vault’s Funding Usage Rate.

• Base Borrow Fee Rate: 0.00% – 0.1% per 8 hours

Perpetual Distribution

To incentivize liquidity provision, ensure protocol sustainability, and support token value, perpetual trading fees are distributed as follows:

• 63% to Vault Liquidity Provider

• 27% to Treasury

• 10% to Buyback AZT