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Spot Trading Fees

Spot trading on AZX follows a transparent maker-taker fee model, with rates that vary based on the user’s VIP tier.

AZX is the Flagship Composition on AZverse. The spot trading fees described in this section are AZX's fees — the final fees paid by users when trading on AZX, inclusive of the AZverse protocol base fee and AZX's partner fee.


Fee Model Overview

AZX applies a maker-taker fee structure for spot trading:

  • Maker fees apply when an order adds liquidity to the order book

  • Taker fees apply when an order removes liquidity from the order book

Fee rates are determined by the user’s AZX VIP tier, which is calculated based on rolling 14-day trading volume on AZX.


Maker Fees

A maker order is an order that adds liquidity to the order book.

In spot trading, maker fees typically apply when:

  • A limit order is placed at a price that does not immediately match an existing order

  • The order remains in the order book until another trader executes against it

Maker orders contribute to market liquidity and may benefit from lower fees under higher VIP tiers.


Taker Fees

A taker order is an order that removes liquidity from the order book.

In spot trading, taker fees typically apply when:

  • A market order is submitted

  • A limit order is placed that immediately matches an existing order in the order book

Taker orders prioritize immediate execution and are charged according to the taker fee rate associated with the user’s VIP tier.


VIP-Based Fee Schedule

Spot trading fees on AZX are determined by the AZX VIP System.

  • Fee rates decrease as users qualify for higher VIP tiers

  • VIP tiers are evaluated based on rolling 14-day trading volume

  • Fee rate changes take effect immediately upon tier qualification

For detailed VIP tier thresholds and spot fee rates, please refer to:

AZX VIP System


Fee Applicability and Scope

  • Spot trading fees are charged only on executed trades

  • Fees are deducted from the received asset at settlement

  • No fees are charged for:

    • Deposits

    • Transfers between accounts (Settled by the AZ Ledger)

  • Withdrawal fees, if applicable, are determined by network conditions and are separate from trading fees


Summary

Spot trading fees on AZX are governed by a transparent, VIP-based maker-taker model. Because the rates shown are the final fees paid on AZX, users benefit from clear, predictable costs that scale favorably with trading activity.

Understanding the fee structure allows traders to optimize execution strategies and manage trading costs more effectively.

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