Predict Fees and Limits
Last updated
Last updated
Side | Fee |
---|---|
Maker | No Fee |
Taker | Up to 0.5% |
In the interest of fairness, Predict fees are symmetric.
This means that, in a given market, takers trading the same volume of complementary shares should expect to pay the same fee. Makers, however, do not pay a fee.
Consider the following two transactions:
Alice sells 100 YES shares at a per-share price of $0.70
Bob buys 100 NO shares at a per-share price of $0.30
Here, it stands that Alice and Bob should be charged the same for their activities — but Alice will receive USDB, while Bob will receive NO shares. To standardize the fee, we apply the following calculations:
For selling
For buying
Alice sells 100 YES shares at $0.70:
The result provided above references the number of shares extracted as a fee, which is equivalent to 15¢.
Bob buys 100 NO shares at $0.30:
Here, our result is the dollar value extract as a fee — in other words, 15¢.
For any given market, a maximum of 10 limit orders can be placed concurrently by a single user/address.
In addition, there is a minimum order amount of 1 USDB.