💸Discounted Fee Trading

You can opt-in to trade at 0.5% marketplace fees, the lowest across HyperEVM.
If you decide to opt-in within the user settings:
0.5% becomes your marketplace fee
Another 0.5% of sale proceeds goes towards a market-buy of $JPEG, which is then vaulted in your Delegated Hyper.
It's up-only tech, unlocked on Drip Trade.
Delegated Hypers

Your Delegated Hyper is the ERC-H20 Hypers NFT that you chose in your settings to hold your vaulted $JPEG.
Eligibility
Anyone may opt-in to Discounted Fee Trading
Simply turn it on in your user settings.
As long as the H20 Hypers NFT remains in your wallet, discounted trading will remain enabled.
Example:
You’ve opted into Discounted Fee Trading. You list an NFT for 10 $HYPE and someone buys It.
Normally, you’d pay a 2% marketplace fee (0.2 $HYPE), leaving you with 9.8 $HYPE, not counting creator fees.
But since you’ve opted in:
You pay only a 0.5% fee (0.05 $HYPE).
Another 0.5% (0.05 $HYPE) is used to market-buy $JPEG and vault into your Delegated Hyper.
So you effectively receive:
9.9 $HYPE in proceeds
Plus $JPEG worth 0.05 $HYPE, locked in your Hyper
Total value returned: 9.95 $HYPE.
We use LiquidSwap to source the best on-chain swap route at the time of sale. If no optimal route is returned, we default to a preconfigured pool. Slippage is set to 8% for the swap to $JPEG. If a swap can't proceed within the defined parameters, we default to a standard 2% marketplace fee.
Last updated
