re-reading the Genius fee structure this morning and honestly the way it actually works is not how i assumed it worked when i first signed up 😂
most platforms charge you a fee.
this one charges you the same fee as everyone else.
then pays some of it back.
every trade on Genius costs 0.30%.
thats the gross rate
everyone pays it
but depending on what level you are- based on y0ur cumulatve spot trading volume-you earn a cashback that brings your net effectve fee down.
Level 1 stays at 0.30%.
Level 2 hits at $100k cumulative volume - net effective drops to 0.20%.
Level 3 hits at $1M - net effective drops to 0.10%.
Level 4 hits at $10M --+net effective drops to 0.05%.
same gross fee.
completely different net cost.
and the reason the structure matters is what it means over time....
as your cumulative volume grows, your efective fee compresses
which means every trade you make after Level 3 costs half of what it cost you at Level 1.
same trade
same execution,
half the cost
the platform's average wallet is generating around $82,400 in volume according to recent data.
most active traders will hit Level 2 without trying.
Level 3 is where the fee starts to genuinely matter at scale.
i noticed there is also a spin wheel that unlocks at Level 2 —one spin per additional $100k traded, capped at 50 spins, with GP and cash prizes.
season 2 running now. 1.5M GP per day until August.
the fee compresion and the GP accumulation compound in the same direction.
honestly dont know if the fee tier system actually drives long-term platform loyalty or if the compresion from 0.30% to 0.05% is marginal enough that most traders wont change their behaveor based on it?? 🤔
#genius @GeniusOfficial $GENIUS
