Fees

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 or closed. Fees vary by pool and can be viewed in the Provide Liquidity tab at the top of the page, next to the pool statistics, by hovering over the Protocol Fee toggle.

The fee structure consists of four components:

  • Collateral fee: Applied to your collateral, i.e., the funds you have deposited. Currently, this fee is 0% on DefiTuna pools and remains minor on other pools.

  • Borrowed funds fee: Applied to the funds you borrow as leverage.

  • Limit order execution fee: Charged per successful limit order. This is a one-time fee applied to the notional value of the position when the limit order is executed.

  • Liquidation fee: In the event of 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 carries out the liquidation.

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.

The fee structure follows the same model as the Protocol Fees. Therefore, fees depend on the pool you're compounding into. Example 1 — Reduce leverage: You are compounding $1,000 of yield into an open DefiTuna SOL/USDC liquidity pool position. Protocol fee for this pool is 0% on collateral and 0.05% on borrowed funds. Total fee = $0 Example 2 — Keep leverage: 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 = $1.00

Last updated