Open MandiUsing the Exchange
Fee Structure
Transparency is a core value at Open Mandi. We believe you should know exactly what you're paying, why you're paying it, and where that money goes. Here's a complete breakdown of every fee on the platform.
Our Fee Philosophy
Fees on Open Mandi serve two purposes: they sustain the platform and they teach you how fees work on real exchanges.
Trading Fees (Futures)
When you trade gold or silver futures, you pay a small fee based on the trade value. Fees differ depending on whether you're a maker or a taker:
- Maker — you place a limit order that adds liquidity to the order book (your order sits on the book waiting to be matched)
- Taker — you place an order that immediately matches with an existing order, removing liquidity from the book
| Fee Type | Rate | Description |
|---|---|---|
| Maker Fee | 0.02% | Paid when your limit order is filled by another trader |
| Taker Fee | 0.05% | Paid when you fill an existing order on the book |
Makers get lower fees because they provide liquidity, which makes the market healthier for everyone.
Deposit Fees
No fees. Deposits are free on Open Mandi. You may pay network transaction fees (gas fees) on the blockchain side, but the platform itself does not charge for deposits.
Withdrawal Fees
A small flat fee is charged to cover blockchain transaction costs:
| Currency | Fee |
|---|---|
| USDC | $0.10 |
Complete Fee Schedule
| Activity | Fee | Notes |
|---|---|---|
| Futures Trading (Maker) | 0.02% | Of trade value |
| Futures Trading (Taker) | 0.05% | Of trade value |
| Deposit | Free | Network fees may apply |
| Withdrawal | $0.10 | Flat fee per withdrawal |
Where Do Fees Go?
Every fee collected by Open Mandi is tracked internally as part of exchange operations and treasury accounting. In the current MVP scope, fee details are presented through core wallet and trading interfaces.