TomoDEX Lending Fee

Service Fee

Role
Service Fee
Lender
Free
Borrower
0.5% of the total loan amount payable in the lending token
Lending token: The borrowed asset
For example: If a user wants to borrow 1,000 USDT, he will be charged a service fee of 0.5% * 1,000 = 5 USDT.

Cancellation Fee

Role
Cancellation Fee
Lender
0.05% of the total loan amount payable in the lending token
Borrower
0.05% of the total loan amount payable in the collateralized asset