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What do you fear most when trading Perps on DEXs? Not the price spikes, but the daily bleeding transaction fees.
Whether trading on-chain or DEX Perps, liquidity and fees are two crucial factors for survival. I'm currently testing @EVEDEX ; you'll understand why I'm writing this post just by looking at the bills.
Let me give you a real-world example: I placed a $1,000 order and the fee was a mere $0.45. That's less than half of what other platforms charge. For those who focus on volume trading or scalping, this fee level is a lifesaver.
Look at other platforms; try placing a $1,000 order and see if the fee is ever below $1. Most are around 0.1%, not including funding rates or slippage. If you trade large volumes or place orders frequently, all your profits go towards paying fees.
Not to mention, during periods of high market volatility, wide spreads, high fees, and low liquidity, it essentially creates liquidity for the exchange itself. In my personal opinion, I think @EVEDEX is optimizing this fee at 0.045%, a very good deal for the long term.
Every penny saved on fees goes directly into NAV. In these tough market conditions, optimizing costs is the number one way to generate profit.
If you don't believe me, look at the attached bill below. Which DEX are you using? Check the bill to see how much a $1k order costs you!
If you're interested, you can join here:
#EVEDEX #DEX $BTC

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