Fee Structure

HFDX enforces a fully on-chain, transparent fee model:

FeeTriggerRecipient
Trade FeeExecution of tradesLiquidity Pool + Treasury
Funding FeePeriodic funding settlementCounterparty Side
Liquidation FeeForced close of positionsKeepers / Liquidators
LLN FeeYield structuringTreasury

All fee events are smart contract-enforced, auditable, and deterministic, ensuring clarity for institutional participants.