Fees

  1. Protocol Fees: To support the growth of the protocol's TVL, DefiTuna currently does not charge any fees to lenders. Instead, protocol fees are charged to users who open Liquidity Provision (LP) positions as a one-time fee applied when the position is opened. Fees vary by pool, and ca be viewed in: - The "Pools" tab in the "Protocol fees" column - The "Farm" tab at the top of the page, next to the pool statistics. There are two components of the fee structure: - Fee on collateral (first number displayed) - Fee on borrowed funds (second number displayed) The fee on collateral is typically 7 to 10 times lower than the fee on borrowed funds. The protocol fee structure is subject to change in the future.

  2. Limit Order Fee: A limit order fee is charged per successful limit order. This is a one-time fee and it's applied to the notional value of the position when the limit order is executed. The limit order fee is equal to the protocol fee on borrowed funds.

  3. Liquidation Fee: In the event of a liquidation, a 10% fee is applied to the notional value of the position, including any unclaimed fees. This fee is paid to the liquidator who executes the liquidation process.

  4. Opening a Position Fee: DefiTuna charges a refundable deposit when opening a position. This amount is returned upon closing the position. The amount of the refundable fee is about 0.02 SOL.

  5. Compound Fee: The fee structure follows the same model as the Protocol Fees. Therefore, fees depend on the pool you're compounding into. Example 1 — Yield-only compound: You are compounding $1000 of yield into an open SOL/USDC position. Protocol fee for this pool is 0.005% on collateral and 0.05% on borrowed funds. Total fee = $0.05 Example 2 — Yield + Leverage compound: You are compounding $1000 of yield, along with $2000 of borrowed tokens, back into the same SOL/USDC pool. With a 3x leverage, the total amount is $3000. Total fee = $1.05

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