> For the complete documentation index, see [llms.txt](https://docs.mwh.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mwh.app/trading-guide/fee-structure.md).

# Fee Structure

At Market Whale, we prioritize transparency and simplicity in our fee structure to ensure our users know exactly what to expect when trading.

### **Base Fee**

* The standard **base trading fee** is set at 1**%** for every trade executed on the platform.

### **Rank-Based Fee Reduction**

* As you engage more in trading and increase your **rank**, you unlock additional fee reductions.
* Each rank increase provides a **2% fee reduction** on the base fee.
* The maximum fee reduction caps at **20%**, rewarding loyal and active traders with significantly lower fees.

#### **Real-World Example**

Let's illustrate how the fee reduction works:

| **User Rank**    | **Fee Reduction** | **Effective Fee Rate** |
| ---------------- | ----------------- | ---------------------- |
| Starter (Rank 0) | 0%                | 1%                     |
| Rank 1           | 2%                | 0.98%                  |
| Rank 5           | 10%               | 0.90%                  |
| Rank 10          | 20%               | 0.80%                  |

**How the math works**

* **Base fee:** 1 % of trade value.
* **Rank bonus:** each rank lowers that fee by **2 % of the base rate**.
* **Cap:** 20 % discount at Rank 10 (i.e., fee cannot fall below 0.8 %).

Example for Rank 7

* Discount = 7 × 2 % = 14 %
* Effective fee rate = 1 % × (1 − 0.14) = 0.86 %
* Fee on 100 SOL trade = 0.86 SOL

### **How to Reduce Fees Faster?**

* **Trade Actively**: The more you trade, the quicker your rank grows.
* **Engage Referrals**: Earn additional rewards and boost your rank by referring others.
* **Use Points Multipliers**: Take advantage of rank perks that help you accumulate points faster.

We believe that active users deserve to be rewarded. The more you trade, the less you pay!

{% hint style="success" %}
**Tip:** Track your rank progress in the **Dashboard** and aim for higher ranks to maximize your savings.
{% endhint %}