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Fee Structure

Create an OptiFi Account

The first time a new address connects, OptiFi will initiate the account for the user address. This is a one time cost around 0.07 SOL. You can read more about it here.

Create a Market Account

The first time to trade on a selected market. It'll cost around 0.03 SOL to initialize an option market.

Options

Deposit Fee 0.00%
Withdrawal Fee 0.00%
Taker Fee: min (0.15% of underlying, 10% of trade price)
Maker Fee: min (0.05% of underlying, 10% of trade price)
Delivery Fee: 0.015% of exercised PNL (never be higher than 12.5% of the option's value)
Liquidation Fee 2.00% from traders to crankers (under development)

OMM

Deposit Fee 0.00%
Performance Fee 10.00% (only charged when you're in profit)
Withdrawal Fee 0.10%

Please note

  • All transactions on Solana need gas fee which is 0.000005SOL per transaction
  • OMM vaults include operation costs such as hedging cost and cranker reward 10% of gas fee (under development)
  • According to Solana, the average cost per transaction is $0.00025 as of 9/13/2022
  • Performance Fee is charged by your total vault value upon the withdrawal