> For the complete documentation index, see [llms.txt](https://docs.trade.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trade.xyz/events/fees.md).

# Fees

Hyperliquid outcome-trading fees for Events.

The `txyz` initial launch configuration sets `deployerFeeScale = 0` for every standalone outcome or question. Outcomes added to a question inherit the question’s scale. At scale zero, the market adds no deployer fee and `txyz` receives no deployer fee share. Events users pay Hyperliquid’s base outcome-trading rates, which use the spot fee schedule.

Outcome trading charges fees when a position is closed or settled, not when it is opened. Only fee-paying outcome volume counts toward a user’s volume tier. Outcome trading does not support maker rebates. A maker order that would otherwise qualify for a rebate pays zero instead.

One fee tier applies across a user’s perps, HIP-3 perps, and spot activity. Hyperliquid assesses the tier daily in UTC. Fee-paying outcome volume counts toward the tier; Hyperliquid’s current fee documentation controls its weighting. The user’s applicable HYPE staking discount is reflected in the rate shown for that user.

## Base outcome rates

|          |                         | Base Rate |        | Diamond |         | Platinum |         |    Gold |         |  Silver |         |  Bronze |         |    Wood |         |
| -------- | ----------------------: | --------: | -----: | ------: | ------: | -------: | ------: | ------: | ------: | ------: | ------: | ------: | ------: | ------: | ------: |
| **Tier** | **14d weighted volume** |     Taker |  Maker |   Taker |   Maker |    Taker |   Maker |   Taker |   Maker |   Taker |   Maker |   Taker |   Maker |   Taker |   Maker |
| 0        |                       — |    0.070% | 0.040% | 0.0420% | 0.0240% |  0.0490% | 0.0280% | 0.0560% | 0.0320% | 0.0595% | 0.0340% | 0.0630% | 0.0360% | 0.0665% | 0.0380% |
| 1        |                    >$5M |    0.060% | 0.030% | 0.0360% | 0.0180% |  0.0420% | 0.0210% | 0.0480% | 0.0240% | 0.0510% | 0.0255% | 0.0540% | 0.0270% | 0.0570% | 0.0285% |
| 2        |                   >$25M |    0.050% | 0.020% | 0.0300% | 0.0120% |  0.0350% | 0.0140% | 0.0400% | 0.0160% | 0.0425% | 0.0170% | 0.0450% | 0.0180% | 0.0475% | 0.0190% |
| 3        |                  >$100M |    0.040% | 0.010% | 0.0240% | 0.0060% |  0.0280% | 0.0070% | 0.0320% | 0.0080% | 0.0340% | 0.0085% | 0.0360% | 0.0090% | 0.0380% | 0.0095% |
| 4        |                  >$500M |    0.035% | 0.000% | 0.0210% | 0.0000% |  0.0245% | 0.0000% | 0.0280% | 0.0000% | 0.0298% | 0.0000% | 0.0315% | 0.0000% | 0.0333% | 0.0000% |
| 5        |                    >$2B |    0.030% | 0.000% | 0.0180% | 0.0000% |  0.0210% | 0.0000% | 0.0240% | 0.0000% | 0.0255% | 0.0000% | 0.0270% | 0.0000% | 0.0285% | 0.0000% |
| 6        |                    >$7B |    0.025% | 0.000% | 0.0150% | 0.0000% |  0.0175% | 0.0000% | 0.0200% | 0.0000% | 0.0213% | 0.0000% | 0.0225% | 0.0000% | 0.0238% | 0.0000% |

## HYPE staking tiers

| Tier     | HYPE staked | Trading-fee discount |
| -------- | ----------: | -------------------: |
| Wood     |         >10 |                   5% |
| Bronze   |        >100 |                  10% |
| Silver   |      >1,000 |                  15% |
| Gold     |     >10,000 |                  20% |
| Platinum |    >100,000 |                  30% |
| Diamond  |    >500,000 |                  40% |

For the treatment of minting, ordinary trades, burning, and settlement, see Hyperliquid’s current [fee documentation](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees#outcome-tokens).


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