How to Save on Trading Fees with Demex’s New Tier-Based Fees Structure

Aniel Essien
5 min readJul 10, 2023

As a trader who likes to trade a variety of crypto derivatives, such as futures, options, and swaps, Demex is the only DEX you need.

This decentralized cross-chain layer 2 exchange powered by Carbon offers low fees, high liquidity, and seamless interoperability with Ethereum and other blockchains.

But now, it even gets better! You can save even more on trading fees by staking SWTH. That’s right! Demex has recently adopted a new tier-based trading fees structure, where the more $SWTH you stake, the lower your fees will be!

Ready to elevate your trading? The new fee structure is now in effect on Demex.

In this article, we will explain how the tier-based model works. Let’s get started!

What is SWTH?

SWTH is the native, governance, and gas token of Carbon, the Layer 2 blockchain that powers Demex and other cross-chain financial markets. Hence, it is a very important token, and staking it comes with a good number of benefits.

Staking $SWTH gives you access to tier-based discounts and rebates on your trading fees, depending on how much $SWTH you have in your balance.

Types of Trading Fees on Demex

There are 2 types of trading fees on Demex: Maker fees and Taker fees.

  1. Maker Fees: These are charged when you create an order that is not immediately matched by an existing order on the order book. As a trader who adds liquidity to the DEX, you create new trading opportunities for others and this makes you a ‘maker’.
  2. Taker Fees: These are charged when you fill an existing order on the order book. As a trader who removes liquidity from the DEX, you take advantage of an existing trading opportunity and this makes you a ‘taker’.

Now, the more $SWTH you stake, the lower your Taker fees and the higher your Maker rebates. This means you can trade more efficiently and profitably on Demex.

Stake $SWTH to Unlock Greater Trading Discounts!

With the new fee tiers, traders have the opportunity to reduce taker fees to as low as 0.01% for spot trading and 0.02% for perpetual, all while retaining rebates for maker orders in perpetual markets!

Staking Tiers on Demex

There are 9 Tiers and the

9️⃣Plankton

Have a staked amount of 0 $SWTH staked. On the Spot Market, you get 0.10% Maker fees and 0.30% Taker fees. On the Perpetual Market, you get 0.10% Maker fees and 0.15% Taker fees.

8️⃣Prawn

Have a staked amount of ≥15,000 $SWTH staked. On the Spot Market, you get 0.08% Maker fees and 0.30% Taker fees. On the Perpetual Market, you get 0.08% Maker fees and 0.14% Taker fees.

7️⃣Crab

Have a staked amount of ≥150,000 $SWTH staked. On the Spot Market, you get 0.06% Maker fees and 0.25% Taker fees. On the Perpetual Market, you get 0.06% Maker fees and 0.13% Taker fees.

6️⃣Fish

Have a staked amount of ≥750,000 $SWTH staked. On the Spot Market, you get 0.05% Maker fees and 0.20% Taker fees. On the Perpetual Market, you get 0.05% Maker fees and 0.12% Taker fees.

5️⃣Dolphin

Have a staked amount of ≥3,750,000 $SWTH staked. On the Spot Market, you get 0.00% Maker fees and 0.10% Taker fees. On the Perpetual Market, you get 0.05% Maker fees and 0.11% Taker fees.

4️⃣Orca

Have a staked amount of ≥15,000,000 $SWTH staked. On the Spot Market, you get 0.00% Maker fees and 0.08% Taker fees. On the Perpetual Market, you get 0.00% Maker fees and 0.10% Taker fees.

3️⃣Shark

Have a staked amount of ≥37,500,000 $SWTH staked. On the Spot Market, you get 0.00% Maker fees and 0.05% Taker fees. On the Perpetual Market, you get -0.01% Maker fees and 0.08% Taker fees.

2️⃣Whale

Have a staked amount of ≥75,000,000 $SWTH staked. On the Spot Market, you get 0.00% Maker fees and 0.02% Taker fees. On the Perpetual Market, you get -0.01% Maker fees and 0.05% Taker fees.

1️⃣Leviathan

Have a staked amount of ≥150,000,000 $SWTH staked. On the Spot Market, you get 0.00% Maker fees and 0.01% Taker fees. On the Perpetual Market, you get -0.01% Maker fees and 0.02% Taker fees.

Staked Amount: This can be gained by staking $SWTH + holding rSWTH and non-staked SWTH in your available balance.

How to Calculate Your Staked Amount

It is simple. Just follow this formula:

  • Every 1 staked $SWTH in your balance counts as 1 staked $SWTH.
  • Every 1 unstaked $SWTH in your balance counts as 0.5 staked $SWTH.
  • Every 1 rSWTH (redeemable $SWTH) in your balance counts as 0.9 staked $SWTH.

The higher your staked value, the higher your trading tier and the better your fee discounts and rebates.

How to Find Your Staked Amount and Staking Tier on Demex.

You can keep tabs on your tier level to know if you are a Prawn, Dolphin, Whale, etc.

Easily monitor the extra SWTH you need to stake to progress to the next tier. Follow the steps:

1. Go to https://app.dem.exchange

2. Connect to your wallet.

3. Once connected, click on the drop-down of your connected wallet and a tab will pop up.

4. Select “Balance”.

5. You can now see your:

  • Total Wallet Amount
  • Staked Amount
  • Your Tier.

Stake $SWTH to enjoy greater trading discounts today: app.dem.exchange/stake

Trade on Demex: app.dem.exchange/trade

Happy trading!

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Aniel Essien

A realist | a Blockchain Enthusiast | iWriteCoolShit