📗

Perpetual Futures Exchange Parameters

​ALP Pool Target Composition​
​Revenue Distribution​
​Protocol Parameters​
ALP Pool Target Composition
Asset
Target Proportion (%)
BTCB
25%
ETH
15%
BNB
10%
USDC
25%
USDT
25%
Revenue Distribution
All protocol revenue for the Perp will be distributed in the following ways:
70% to liquidity providers
16% to the ALPACA token holders
10% of 16% to Governance Vault stakers
6% of 16% to buyback and burn
14% to dev fund
Perp Protocol Parameters
Parameter
Value
Description
Deposit/Withdrawal Fixed Fee Rate
0.30%
The fixed deposit/withdrawal fee that will incur every time a user deposits/withdraws money in/from Perp's Liquidity Pool (ALP). For a more detailed formula please refer to ALP Fee Calculator.
Deposit/Withdrawal Dynamic Fee Rate
0.50%
The dynamic deposit/withdrawal fee that will incur every time a user deposits/withdraws money in/from Perp's Liquidity Pool (ALP).

This fee varies based on the current pool composition. For a more detailed formula please refer to ALP Fee Calculator.
Liquidity Cooldown
900 seconds
The cooldown time that a user needs to wait after depositing into Perp's Liquidity Pool (ALP) before it can be withdrawn.
Position Fee Rate
0.09% of position size
The base trading fee that will incur every time a user open/close a trading position.

We have a trading fee discount program for our loyal user. Read more here.
Max. Borrowing Rate
0.0035%/hour
The borrowing fee will accrue to a user's position every Funding Interval (i.e., hourly).
Borrowing Rate: Utilization Rate * Max. Borrowing Rate
Funding Rate Coefficient
15%
This coefficient is used to calculate the Funding Rate that will be accrued to a user's position every Funding Interval (i.e., hourly).
Long Funding Rate: (LongOI - ShortOI) / Long OI * Funding Rate Coefficient
Short Funding Rate: (ShortOI - LongOI) / ShortOI * Funding Rate Coefficient
Funding Interval
Hourly
The interval at which Borrowing Fee and Funding Fee will be accrued.
Min. Principal Amount to open position
$10
The required minimum principal amount to open a position.
Fixed Stable Swap Fee
0.01%
The fixed swap fee that will incur every time a user swaps between stablecoins.
Fixed Swap Fee (Non-Stablecoin Pairs)
0.25%
The fixed swap fee that will incur every time a user swaps between non-stablecoin pairs.
Swap Tax Fee
0.00% - 0.50%
The variable swap fee that will incur every time a user swaps asset.

This fee varies based on the current pool composition.
Liquidation Fee
$5
This fee will incur when a user's position reaches the liquidation threshold to liquidate the position.
Flash Loan Fee
0.19%
This fee will incur when a user utilizes protocol's flash loan.
​

Asset	Target Proportion (%)
BTCB	25%
ETH	15%
BNB	10%
USDC	25%
USDT	25%

Parameter	Value	Description
Deposit/Withdrawal Fixed Fee Rate	0.30%	The fixed deposit/withdrawal fee that will incur every time a user deposits/withdraws money in/from Perp's Liquidity Pool (ALP). For a more detailed formula please refer to ALP Fee Calculator.
Deposit/Withdrawal Dynamic Fee Rate	0.50%	The dynamic deposit/withdrawal fee that will incur every time a user deposits/withdraws money in/from Perp's Liquidity Pool (ALP). This fee varies based on the current pool composition. For a more detailed formula please refer to ALP Fee Calculator.
Liquidity Cooldown	900 seconds	The cooldown time that a user needs to wait after depositing into Perp's Liquidity Pool (ALP) before it can be withdrawn.
Position Fee Rate	0.09% of position size	The base trading fee that will incur every time a user open/close a trading position. We have a trading fee discount program for our loyal user. Read more here.
Max. Borrowing Rate	0.0035%/hour	The borrowing fee will accrue to a user's position every Funding Interval (i.e., hourly). Borrowing Rate: Utilization Rate * Max. Borrowing Rate
Funding Rate Coefficient	15%	This coefficient is used to calculate the Funding Rate that will be accrued to a user's position every Funding Interval (i.e., hourly). Long Funding Rate: (LongOI - ShortOI) / Long OI * Funding Rate Coefficient Short Funding Rate: (ShortOI - LongOI) / ShortOI * Funding Rate Coefficient
Funding Interval	Hourly	The interval at which Borrowing Fee and Funding Fee will be accrued.
Min. Principal Amount to open position	$10	The required minimum principal amount to open a position.
Fixed Stable Swap Fee	0.01%	The fixed swap fee that will incur every time a user swaps between stablecoins.
Fixed Swap Fee (Non-Stablecoin Pairs)	0.25%	The fixed swap fee that will incur every time a user swaps between non-stablecoin pairs.
Swap Tax Fee	0.00% - 0.50%	The variable swap fee that will incur every time a user swaps asset. This fee varies based on the current pool composition.
Liquidation Fee	$5	This fee will incur when a user's position reaches the liquidation threshold to liquidate the position.
Flash Loan Fee	0.19%	This fee will incur when a user utilizes protocol's flash loan.

Automated Vault Parameters

Next - Tokenomics

ALPACA Token

Last modified 8d ago