Perpl uses a maker-taker model. Maker fees are paid when adding liquidity to the order book, while taker fees are paid when removing liquidity from it. The user only pays fees to open a trade, not to close it. Hence, there's no rakeback on the profits. See the fee structure below.
Tier
14‑day Volume Threshold
Maker (bps)
Taker (bps)
T1
< $5M
1.9
5
T2
≥ $5M
1.2
4.2
T3
≥ $25M
0.8
3.5
T4
≥ $100M
0.5
3.3
T5
≥ $250M
0.2
2.6
VIP1
≥ $1B
0
2.5
VIP2
≥ $2.5B
0
2
At launch, all trades routed through the SDK and manual front-end traders are charged at Tier 1.At the end of the week, users will be rebated according to their volume fee tier. Trades routed through the frontend forwarder are automatically charged the appropriate fees.
