Grvt currently uses a 9-tier model to classify users based on trading volume in USD.
To be eligible for a specific tier, an account must meet the following conditions:
30-day Trading Volume (in USD) > A given threshold
Note: Tiers are updated daily at 8 am UTC. 30-day futures trading volume determines tier upgrades or downgrades.
Fee Tiers
Grvt | Spot Maker | Spot Taker | Perps Maker | Perps Taker | 30D Trading Volume (USD) |
Level 1 | 0.0600% | 0.0850% | -0.0001% | 0.0450% | $0 |
Level 2 | 0.0525% | 0.0750% | -0.0004% | 0.0420% | $1,000,000 |
Level 3 | 0.0450% | 0.0650% | -0.0008% | 0.0390% | $5,000,000 |
Level 4 | 0.0400% | 0.0620% | -0.0010% | 0.0370% | $10,000,000 |
Level 5 | 0.0250% | 0.0470% | -0.0015% | 0.0340% | $50,000,000 |
Level 6 | 0.0175% | 0.0375% | -0.0020% | 0.0320% | $100,000,000 |
Level 7 | 0.0050% | 0.0350% | -0.0023% | 0.0290% | $250,000,000 |
Level 8 | 0.0000% | 0.0300% | -0.0025% | 0.0260% | $500,000,000 |
Level 9 | 0.0000% | 0.0250% | -0.0030% | 0.0240% | $1,000,000,000 |
What Fees Apply To GRVT's Multi-Asset Margin Mode?
You pay normal trading and funding fees as usual. On top of that, repaying borrowed USDT by converting another asset into USDT carries a repayment fee on the amount converted. (Depositing USDT directly to clear your debt has no conversion fee.)
The fee depends on how the repayment was triggered — the more the system has to step in on your behalf, the higher the fee. It's calculated as:
Fee = the greater of 0.1% (a fixed floor) or the asset's haircut ÷ a factor
where the asset's haircut is 1 − CVR, and the factor is 8 for manual, 4 for automated, and 2 for liquidation repayments. A bigger factor means a smaller fee, which is why repaying manually is always cheapest. The 0.1% floor means the fee never drops below 0.1%, no matter how small the haircut.
For USDC (CVR = 99.5%), that works out to:
Repayment type | When it happens | Fee on the converted amount |
Manual | You repay via Repay or Convert | 0.1% (the floor) |
Automated | You hit your borrow limit, or an undeployed loan reaches 95% LTV | 0.125% |
Liquidation | Your MMR reaches 100% | 0.25% |
Types of Fees
| Definition | Calculation |
Trading fees | Charges based on the tier and side (taker or maker) of the trade. | Position Size * Trade Price * Fee Percentage (Taker or Maker) |
Withdrawal fees | Charged to cover the gas cost of on-chain withdrawals. These fees are flat rates and not percentage-based.
We are working to make this cheaper with alternatives soon. | Ethereum: 2 USDT Arbitrum One: 1.01 USDT BNB Smart Chain: 1.01 USDT Solana: 1.5 USDT Tron: 1.4 USDT
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Note:
There is not a separate minimum withdrawal amount set but effectively it is equal to the withdrawal fee as all withdrawal amounts should cover the withdrawal fee in order to be processed.