Fees
What placing and cancelling an order costs, which asset it comes out of, and where you see it before you sign.
Placing an order and cancelling one each cost a fee. It is a fixed amount in US dollars, taken in the asset the order locks, and the exact amount you will pay is shown on the Calden approval screen before you sign.
| Action | Fee |
|---|---|
| Place an order | 1 US dollar |
| Cancel an order | 0.50 US dollars |
| A fill | Nothing |
The asset is the one your order locks: the quote token for a buy, the base token for a sell. Selling CBTC pays the fee in CBTC; buying CBTC with CC pays it in CC. The dollar amount is converted at the reference price when the order is prepared, so the token amount moves with the market while the dollar value does not.
Registered market makers pay no fee, on placement or on cancellation, on any pair. Market maker programme covers it.
On devnet the fee always applies, every time.
Need help
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