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 0.05% fee is charged per successful limit order. This is a one-time fee and is only applied when the limit order is executed.

  3. Liquidation Fee: In the event of a liquidation, a 5% 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: Orca currently charges a refundable deposit when opening a position. This amount is returned upon closing the position. DefiTuna also applies a small, refundable fee used only if a liquidation function needs to be called by the platform.

  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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