> ## Documentation Index
> Fetch the complete documentation index at: https://docs.levy.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Fee Tiers

> Fees and Discounts

Fees on Levy Trade consist of **three components**.

## Permanent Level-Based Discounts

Traders unlock permanent fee discounts as they level up. At Level 98, your base fee reaches **0.010% maker / 0.025% taker** before any other discounts are applied.

| Level | Maker fee | Taker fee |
| ----- | --------- | --------- |
| 1     | 0.025%    | 0.040%    |
| 15    | 0.024%    | 0.039%    |
| 30    | 0.023%    | 0.038%    |
| 40    | 0.022%    | 0.037%    |
| 50    | 0.021%    | 0.036%    |
| 58    | 0.020%    | 0.035%    |
| 65    | 0.019%    | 0.034%    |
| 72    | 0.018%    | 0.033%    |
| 77    | 0.017%    | 0.032%    |
| 81    | 0.016%    | 0.031%    |
| 84    | 0.015%    | 0.030%    |
| 87    | 0.014%    | 0.029%    |
| 90    | 0.013%    | 0.028%    |
| 93    | 0.012%    | 0.027%    |
| 96    | 0.011%    | 0.026%    |
| 98    | 0.010%    | 0.025%    |

## 30D Volume-Based Discounts

In addition to your level-based discount, trading actively within the last 30 days earns you further fee reductions, up to **1.5 bps**. Discounts scale according to your rolling 30-day trading volume:

| Rolling 30D volume | Discount          |
| ------------------ | ----------------- |
| \< \$10M           | 0                 |
| >= \$10M           | -0.003% (0.3 bps) |
| >= \$25M           | -0.006% (0.6 bps) |
| >= \$100M          | -0.009% (0.9 bps) |
| >= \$500M          | -0.012% (1.2 bps) |
| >= \$1B            | -0.015% (1.5 bps) |

## Leverage-Based Discount (Per-Trade)

Every individual trade also qualifies for a dynamic discount based on the **leverage you select for that trade**. The discount grows linearly to a maximum of **4 bps at 40x leverage**.

| Effective leverage | Additional Discount |
| ------------------ | ------------------- |
| 0x                 | 0 bps               |
| 10x                | -1.0 bps            |
| 20x                | -2.0 bps            |
| 30x                | -3.0 bps            |
| 40x+               | -4.0 bps            |

*The leverage discount applies on both the opening and closing side of a position. Total fees can never be negative; any discount that would reduce the fee below 0 bps is capped at 0 bps.*

## Spot Fees

Spot buys are free. Spot sell fees are derived from your final perp taker fee after level, 30-day volume, and leverage discounts are applied.

| Trade type | Fee                              |
| ---------- | -------------------------------- |
| Spot buy   | 0%                               |
| Spot sell  | 2x your effective perp taker fee |