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