# Fees  & Incentives

The Nunchi YEX fee structure is designed to reward high‑volume traders, market makers, and HYPE stakers on Hyperliquid.

### Base fees (tiered by trailing 14‑day volume)

<table><thead><tr><th width="96.02734375" align="right">Tier</th><th align="right">14‑Day Weighted Volume ($)</th><th align="right">Taker Fee</th><th align="right">Maker Fee</th></tr></thead><tbody><tr><td align="right">0</td><td align="right">&#x3C; 5M</td><td align="right">0.090%</td><td align="right">0.030%</td></tr><tr><td align="right">1</td><td align="right">> 5M</td><td align="right">0.080%</td><td align="right">0.024%</td></tr><tr><td align="right">2</td><td align="right">> 25M</td><td align="right">0.070%</td><td align="right">0.016%</td></tr><tr><td align="right">3</td><td align="right">> 100M</td><td align="right">0.060%</td><td align="right">0.008%</td></tr><tr><td align="right">4</td><td align="right">> 500M</td><td align="right">0.056%</td><td align="right">0.000%</td></tr><tr><td align="right">5</td><td align="right">> 2B</td><td align="right">0.052%</td><td align="right">0.000%</td></tr><tr><td align="right">6</td><td align="right">> 7B</td><td align="right">0.048%</td><td align="right">0.000%</td></tr></tbody></table>

> Note: HIP‑3 base fees are set at the protocol level. Deployers may share a common base schedule.

***

### High‑volume maker rebates

High‑volume makers who contribute a significant % of maker volume can earn rebates.

<table><thead><tr><th width="92.66015625" align="right">Tier</th><th align="right">14‑Day Weighted Maker Volume</th><th align="right">Maker Fee Rebate</th></tr></thead><tbody><tr><td align="right">1</td><td align="right">> 0.5%</td><td align="right">-0.001%</td></tr><tr><td align="right">2</td><td align="right">> 1.5%</td><td align="right">-0.002%</td></tr><tr><td align="right">3</td><td align="right">> 3.0%</td><td align="right">-0.003%</td></tr></tbody></table>

***

### HYPE staking discounts

Staking HYPE can reduce trading fees via tiered discounts:

<table><thead><tr><th width="109.453125">Tier</th><th align="right">HYPE Staked</th><th align="right">Trading Fee Discount</th></tr></thead><tbody><tr><td>Wood</td><td align="right">> 10</td><td align="right">5%</td></tr><tr><td>Bronze</td><td align="right">> 100</td><td align="right">10%</td></tr><tr><td>Silver</td><td align="right">> 1,000</td><td align="right">15%</td></tr><tr><td>Gold</td><td align="right">> 10,000</td><td align="right">20%</td></tr><tr><td>Platinum</td><td align="right">> 100,000</td><td align="right">30%</td></tr><tr><td>Diamond</td><td align="right">> 500,000</td><td align="right">up to 50%</td></tr></tbody></table>

> Exact discounts can vary with protocol parameters. Validate current tiers in the UI.

***

### Fair use

Programs are designed to reward genuine participation. Self‑trades, circular volume, and manipulation may be excluded, capped, or clawed back.
