We believe in clear pricing. This page explains what TRUE charges. Before you confirm any swap, the exact TRUE fee for that swap is shown to you as both an amount and a percentage — that displayed fee is the fee that applies to your swap. This page describes how it is set.
Perpetual futures fees
Use the free perpetual fee and funding calculator to estimate opening and closing costs and a potential weekly rebate. It does not connect to your account or place orders.
Maker orders add liquidity to the order book; taker orders remove it. A limit order can still be a taker if it executes immediately. The current venue fee is 0.020% maker / 0.100% taker of executed notional, charged on each fill, including opening and closing trades. Fees are calculated on position size, not only your margin. At $1,000 notional, that is $0.20 maker or $1.00 taker per fill, before any rebate.
Full volume rebate ladder
The volume benefit is a weekly USDC rebate, not a lower fee at execution. *Effective rates below are calculated from the current venue rates after a fully paid rebate; they are not upfront charges.
| Level | Rolling 30-day perp volume (USD) | Weekly fee rebate | Effective taker* | Effective maker* |
|---|---|---|---|---|
| Starter | $0–$249,999.99 | 0% | 0.100% | 0.020% |
| Trader | $250,000–$999,999.99 | 10% | 0.090% | 0.018% |
| Pro | $1,000,000–$4,999,999.99 | 20% | 0.080% | 0.016% |
| Legend | ≥ $5,000,000 | 25% | 0.075% | 0.015% |
Volume counts when positions close and is combined across linked accounts. Each week uses the level earned from the trailing 30 days at Monday 00:00 UTC. Levels can fall when older volume leaves the window. The rebate is eligible fees actually paid × the level percentage, rounded down to cents. A minimum payout applies; check your account for the current minimum and eligibility.
See Fees & Levels in the app for your active level, rebate availability and payment history. A pending or approved rebate is not a completed payment. Promotional rebates have separate eligibility, caps and expiry; an active welcome offer can replace the volume rebate for that week. The swap referral discounts below do not automatically stack with perp rebates. Funding, liquidation, network and other product costs are separate.
The TRUE fee
TRUE charges a platform fee on token swaps. Your rate is set by your own rolling 30-day swap volume, and the same rate applies across trading pairs:
| Tier | Rolling 30-day volume | Fee |
|---|---|---|
| T1 | under $10,000 | 1.19% |
| T2 | $10,000 or more | 1.09% |
| T3 | $50,000 or more | 0.99% |
| T4 | $250,000 or more | 0.89% |
| T5 | $1,000,000 or more | 0.79% |
Your tier is recalculated daily from your trailing 30-day volume. Tiers move in both directions — if your 30-day volume falls below a threshold, your tier and your rate return to the corresponding level. There is no grace period. Volume on swaps where no platform fee was actually collected does not count toward your tier.
Stablecoin swaps
Swaps between stablecoins (for example USDC ↔ USDT) are charged 0.50%.
Referral discounts
- If you joined through a referral link, you receive 10% off your fee rate, and it does not expire — the discount applies for as long as you use TRUE.
- If you have referred someone who qualifies, you receive 10% off your fee rate.
- Where both apply, the discounts stack multiplicatively (10% and 10% gives 19% off, not 20%), and total discounts are capped at 40% off your tier rate.
For example, a T5 rate of 0.79% with a single 10% discount is 0.711%.
Automated (Autopilot) swaps
Swaps executed by the optional Autopilot feature may carry an additional service fee of up to 0.5%, applied on top of your tier rate. Review the fee basis before activating Autopilot; executions under a standing authorization may not show a fresh approval screen. Actual fees appear in execution records.
Fees charged by third parties (not by TRUE)
These are set by third parties and shown separately where available — they are not the TRUE fee:
- Network / gas fees (Solana).
- Liquidity-provider / protocol fees from the routing protocol (e.g., Jupiter).
- Bridge fees for cross-chain transfers (deBridge / DLN).
- On-ramp fees when buying with fiat (Banxa charges its own processing fee, typically around 2%).
Points and rewards are separate from fees
Points are earned from swap volume at a published base rate, not from the fee you pay, and are subject to the applicable campaign or season rules. Points have no monetary value and are not a rebate, refund, or discount on fees. Nothing on this page is a promise of any reward.
Changes
We may update this fee schedule from time to time, including tier thresholds, rates, and discounts. Any change applies only going forward — the fee shown to you at the moment you confirm a swap is the fee that applies to that swap.
Fees are earned when charged and are non-refundable, and swaps are final and cannot be reversed, except where a refund is required by applicable law. We may change, add, or discontinue fees, features, or the Service at any time.
Questions: [email protected]
MCP, Autopilot and copy trading
MCP is an execution channel and does not remove product fees. Review the fee basis and any creator compensation before activating an agent or enrolling in copy trading. Standing authorization may cover later executions without a fresh approval screen. Check execution records; displayed returns may be before costs. Funding can be paid or received and is not guaranteed yield. Mandatory disclosure, consent and refund rights prevail.