We expect this new feature to bring in a lot of new users, traders and volume. We want to ensure the value goes back to our CAKE token on top of offering the trading fee discount. A portion of all opening and closing fees from users who sign up on PancakeSwap will be converted to CAKE and burnt.
And the rest of it?
The rest are currently reserved for the treasury for ongoing expansion and development of this feature. As the feature matures, we expect to increase the burn portion gradually based on community feedback and governance. Moving forward, we'll look to reward CAKE holders with the increasing adoption of Perpetual Trading V2.
This is based on the platform where users trade. If users open and close trades on https://perp.pancakeswap.finance/, they will be considered PancakeSwap user.
Fees for PancakeSwap Perpetuals on different chains are as follows:
| Mode | BSC, opBNB, Base | Arbitrum |
|---|---|---|
| Perpetuals V2 opening position fee | 0.08% | 0.05% |
| Perpetuals V2 closing position fee | 0.08% | 0.05% |
| Perpetuals V2 FX fee | 0.02% | 0.02% |
| Degen Mode | Minimum 0.03% | Minimum 0.03% |
| Dumb Mode | 6% collateral on wins | 6% collateral on wins |
All trades are subject to an execution fee of 0.3 USD (BNB Chain)/ 0.2 USD (Arbitrum)/ 0.01 USD (opBNB)/ 0.3 USD (Base) when a position is opened.
Our trading rewards program allows users to earn up to 25% of platform revenues.