> For the complete documentation index, see [llms.txt](https://velocity-1.gitbook.io/velocity-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://velocity-1.gitbook.io/velocity-docs/trading/fees.md).

# Fees

We charge our own Velocity fees, shown in the tables below. On top of those sit the provider and chain fees: what each venue (Hyperliquid, Lighter, and others) and the underlying network charges.

No spread, no subscription, no data fees.

## Velocity fees

These are **our** fees: what Velocity charges to route and execute your order. Provider and chain fees (further down) are separate and added on top of the rates below.

Your tier is set by your rolling 30-day weighted volume:

`30-day weighted volume = (30-day perps volume) + 2 × (30-day spot volume)`

Everyone starts at **Standard**. VIP tiers are not automatic. Once your weighted volume passes a tier threshold, apply for that tier and we'll review and upgrade your account.

### Perpetuals

| Tier     | Monthly volume |  Taker |  Maker |
| -------- | -------------: | -----: | -----: |
| Standard |         < $10M | 0.080% | 0.027% |
| VIP 1    |         > $10M | 0.072% | 0.024% |
| VIP 2    |         > $50M | 0.065% | 0.022% |
| VIP 3    |        > $200M | 0.058% | 0.019% |
| VIP 4    |          > $1B | 0.050% | 0.000% |
| VIP 5    |          > $4B | 0.042% | 0.000% |
| VIP 6    |         > $14B | 0.035% | 0.000% |

### Spot

| Tier     | Monthly volume |  Taker |  Maker |
| -------- | -------------: | -----: | -----: |
| Standard |         < $10M | 0.200% | 0.100% |
| VIP 1    |         > $10M | 0.180% | 0.090% |
| VIP 2    |         > $50M | 0.160% | 0.080% |
| VIP 3    |        > $200M | 0.140% | 0.070% |
| VIP 4    |          > $1B | 0.120% | 0.000% |
| VIP 5    |          > $4B | 0.100% | 0.000% |
| VIP 6    |         > $14B | 0.080% | 0.000% |

Taker is when your order crosses the spread. Maker is when your order rests on the book and someone else trades against it.

You approve our fee once when you start trading. The signature locks in a cap above which we cannot charge, and we can lower the rate without you signing again. To revoke, go to **Settings → Builder fee → Revoke**.

During a **Fee Refuel Week** drop, a Trading Bonus can lower the Velocity fee above even further. It comes from an invite code or from your daily taker volume; the tier bonus is distributed within 5 business days after the drop ends, once reviewed, and then discounts our fee only, not the venue's. See [Fee Refuel Week](/velocity-docs/rewards/fee-refuel-week.md).

## Provider and chain fees (added on top)

The rates below are **not ours**. They're charged by the venue or the network and added on top of the Velocity fees above. We pass them through at cost and never mark them up. The fee column in your trade history always reflects the actual total paid; we never under-display.

### Lighter

Lighter charges its own trading fee, set by your Lighter account type. Lighter doesn't let partners like Velocity route orders from its free Standard accounts, so when you trade on Lighter through Velocity we switch your account to **Plus** first. There is nothing to sign and no LIT to stake.

| Lighter account      |             Taker |             Maker |
| -------------------- | ----------------: | ----------------: |
| Plus                 |            0.005% |            0.005% |
| Premium (LIT staked) | set by your stake | set by your stake |

If you already stake LIT and hold a Premium account, we leave it as it is. The fee column in your trade history shows what Lighter actually charged on each fill.

### Builder-deployed perps (HIP-3)

Markets like `xyz:NVDA`, `para:TOTAL2`, and `flx:TSLA` may carry an additional deployer fee. The order preview and the HL fee column in your trade history show the actual total.

### Chain and network fees

Anything the underlying network charges, for example deposit and withdrawal network fees, is set by the chain, not by us. Hyperliquid charges a flat $1 on withdrawals (we don't add to it). Everything else on Hyperliquid is gasless for you.

## Strategy fees

Strategy orders pay the same applicable trading and Velocity fees as manual orders. Some strategies may also charge performance fees or publisher fees. Any strategy-specific fee is shown in the strategy details before you follow.

## Referrals

Hyperliquid gives new traders a 4% discount on trading fees for the first $25M of volume when a referrer is attached. Sign-ups through Velocity are auto-attached. There's nothing to claim.

Approved creators may receive a share of eligible Velocity fee revenue from referred trades. See [Creator program](/velocity-docs/referrals/creator-program.md).