Protocol information

Trade confidently on Nether.Fi, offering both spot and leveraged trading up to 50x with remarkably low transaction fees. We prioritize your protection against sudden price fluctuations by utilizing Chainlink price feeds for enhanced trade stability. Stake NFI or mint NLP to benefit from our unique reward system, ensuring participants share in the protocol's success

Category:Derivatives

Forked from:GMX V1

Token Information

Base address:0x60359A...D0cbCdView on Basescan

Methodology

Fees: Open/Close position: 0.1% | Swap: 0.2% to 0.8% | Mint and Burn: 0% to 0.85% (based on tokens balance in the pool) | Borrow Fee: `(assets borrowed) / (total assets in pool) * 0.01%`

Revenue: Revenue is 30% of all collected fees, which goes to NFI and esNFI stakers