Fee Structure
HFDX enforces a fully on-chain, transparent fee model:
| Fee | Trigger | Recipient |
|---|---|---|
| Trade Fee | Execution of trades | Liquidity Pool + Treasury |
| Funding Fee | Periodic funding settlement | Counterparty Side |
| Liquidation Fee | Forced close of positions | Keepers / Liquidators |
| LLN Fee | Yield structuring | Treasury |
All fee events are smart contract-enforced, auditable, and deterministic, ensuring clarity for institutional participants.