Every cost, on one page
The complete cost model behind Axiom Trade — platform fees, network gas, priority fees, MEV protection, perpetuals routing, and the volume-tier rebates that reduce your effective fee as you trade more.
No hidden costs, no surprise spreads
Trading platforms have a long tradition of obscuring their true cost. The headline number looks low; the spreads are wider than the displayed mid; routing fees are buried in the confirmation screen; "free" trades are paid for in payment-for-order-flow most users never see. Axiom takes the opposite stance: every component of every cost is itemised, published, and shown on the ticket before you confirm. If you do not understand exactly what you are paying for a trade, that is a bug we want to fix.
This page walks through every cost surface in the platform: the platform fee on spot swaps, the Hyperliquid pass-through for perpetuals, network and priority fees on Solana, the optional cost of MEV protection, funding fees on perpetuals, and the volume-tier rebates that bring your effective fee down as your activity grows.
What you pay on a Solana swap or limit fill
Platform fee
Axiom charges a single, transparent platform fee on every spot fill. The headline rate is published on the Rewards page volume schedule and applies uniformly to all venues we route through — Raydium, Meteora, Orca, Pump.fun bonding curves, and Jupiter aggregation. There is no per-venue surcharge, no opaque routing markup, and no spread game.
Network fee
Solana's base network fee is a few thousandths of a cent per signature. This is paid to the validator who includes your transaction; it is not Axiom's revenue. The exact amount depends on the number of signatures and the compute units consumed by your transaction and is shown on the ticket.
Priority fee
On busy Solana blocks, validators prioritise transactions that bid additional compute unit price. Axiom auto-tunes the priority fee for you based on current congestion to maximise the probability of timely inclusion without overpaying. You can override the auto-tuned bid manually if you have a preference.
MEV protection (optional)
Routing a market order through Jito bundles for private-mempool execution adds a small tip to the Jito network. The tip varies with congestion; Axiom shows the current value on the ticket before you confirm. Standard MEV protection uses priority-fee tuning at no extra cost above the priority fee itself.
Price impact and slippage
Price impact (the difference between your fill price and the mid before your trade) is not a fee — it is a function of pool depth and your trade size. Axiom always shows expected price impact on the ticket and caps it at your slippage tolerance.
What Hyperliquid charges, what Axiom does not
Axiom routes perpetual orders to Hyperliquid's on-chain CLOB. The fees you pay are Hyperliquid's published fees — Axiom does not add a markup on top.
Maker rebate
Hyperliquid pays a small rebate to orders that add liquidity (post-only limit orders that do not immediately match). Axiom passes this rebate through to you in full.
Taker fee
Orders that consume liquidity from the book pay a small taker fee per Hyperliquid's schedule. The fee is netted against any maker rebate on the opposite side of the trade.
Funding payments
Funding is not a fee paid to the venue — it is a periodic payment exchanged between longs and shorts to anchor the perpetual price to spot. When funding is positive, longs pay shorts; when negative, shorts pay longs. Axiom shows the live funding rate, the funding interval, and your projected next-period funding on every position.
Bridge and gas
Funding the Hyperliquid margin account requires a one-time bridge from Solana USDC. Bridge and source-chain network fees apply to the bridge transaction itself; subsequent perp activity has no Solana network cost because matching and settlement happen on Hyperliquid's L1.
The mechanic that scales with you
Rolling 30-day window
Your tier is determined by trailing 30-day notional volume across spot and perpetual markets. Tier upgrades are automatic the moment you cross a threshold.
Rebate stacks with fee
Volume rebates are applied as a percentage discount on the platform fee. Higher tiers mean lower effective fees on every fill.
Trading points
Every fill also accrues trading points scaled by volume, retention, and venue diversity. Points convert into program rewards each season.
Live tier visibility
Your current tier, rolling volume, distance-to-next-tier, and the implied effective fee are visible on the Rewards page in real time.
Campaign boosts
Periodic partner campaigns stack additional rebate boosts on specific markets or activity windows — published in advance, fully transparent.
Weekly payouts
Rebates settle weekly in USDC by default, or in SOL / supported program tokens at your option. Every payout is reconstructible from the underlying fills.
The fee anti-patterns Axiom refuses to ship
- Spread games. We do not quote against a marked-up mid. The price you see is the price the underlying venue is quoting. Axiom's earnings come from the published platform fee, not from hidden markup on the rate.
- Payment for order flow. We do not sell your order flow to third-party market makers in exchange for "free" trading. The platform fee is how the lights stay on; the trades hit the public order book.
- Withdrawal fees. Funds in your connected wallet are not Axiom's to gatekeep. You can send your assets anywhere at any time for the Solana network's gas cost and nothing more.
- Conversion markup. When you fund through a fiat on-ramp, you pay the partner's quoted rate. Axiom takes no cut of the FX spread or the partner fee.
- Subscription gating. Every core trading feature — limit orders, perpetuals access, multi-wallet, portfolio tracking, alerts — is included for every user. No paywall on basic functionality.
What a typical trader actually pays
Consider a trader doing 5 million USD of monthly spot notional on Solana, split roughly evenly between memecoin scalps (smaller fills, higher fee impact relative to size) and larger entries on majors (lower fee impact). At the mid-volume tier on the published schedule, this trader's effective platform fee falls meaningfully below the base rate after rebates. Add the partial Solana network and priority fees, and the total trading cost is competitive with — and often better than — equivalent activity on a centralised exchange, with the added benefit that the trader retains full custody of their assets throughout.
On perpetuals, the same trader using Hyperliquid via Axiom benefits from Hyperliquid's maker rebate when they post liquidity. A delta-neutral funding harvest — buying spot and shorting the equivalent perp notional — earns the funding rate on the short leg, pays the spot platform fee on the long leg once, and accrues no further fees beyond funding and periodic rebalancing.
The Fees panel inside the trade ticket runs this math live for the trade you are about to execute, so you can see the all-in expected cost before you sign.
Common questions
Where do I see my current tier?
On the Rewards page. Your rolling 30-day volume, current tier, effective fee, and distance-to-next-tier are all displayed in real time.
How are network fees set on Solana?
The base fee is fixed per signature. Priority fees are dynamic and bid against other transactions for inclusion. Axiom auto-tunes priority fees based on observed network congestion; you can override manually.
Are perpetual fees different from spot?
Yes. Perpetuals route through Hyperliquid and follow Hyperliquid's published maker/taker schedule. Axiom passes Hyperliquid's fees through without markup.
Are rebates immediate?
Rebates accrue continuously and settle on a weekly cadence. You can see accrued (unpaid) rebates in real time on the Rewards page.
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