Fees

Blink uses an inverted maker–taker fee model: takers earn a rebate and makers pay the fee, the reverse of the conventional schedule.

Role	Fee (bps)	Effect
Taker	−1	Rebate: takers receive 0.01% of the fill's quote value.
Maker	+2	Fee: makers pay 0.02% of the fill's quote value.

A basis point (bp) is 0.01%. Fees are applied to the quote value of each fill. A negative fee is a rebate paid to the trader; a positive fee is paid by the trader. Per matched trade the protocol nets 1 bp: the 2 bp maker fee less the 1 bp taker rebate.

Internally, fees are expressed in hundredths of a basis point as a signed value, where negative denotes a rebate (see Data Structures & Constants): the maker fee is +200 and the taker rebate is -100.

Fees are configured per market and can be overridden for specific accounts.

INFO

The schedule above is the launch fee model. Deployments ahead of launch may run a conventional maker-rebate schedule until the fee configuration is finalized.