Taker fee
Fee paid for executing a market order that 'takes' liquidity from the book. Typically higher than the maker fee — the venue subsidises whoever stands in the book.
Aliases: taker, taker commission
Taker fee is the fee an exchange charges on a market order that immediately fills against a resting limit order. The taker is “taking” liquidity; for that they pay a higher fee than the maker.
Why fees are asymmetric
A venue benefits from a deep order book — it attracts traders and tightens spreads. Depth comes from makers (limit orders). To incentivise them, the venue:
- Charges a low maker fee (often 0.02–0.05%, sometimes negative = rebate).
- Charges a higher taker fee (typically 0.05–0.1%).
The gap is essentially a subsidy from takers to makers, routed via the venue.
Typical values
| Venue | Maker | Taker |
|---|---|---|
| Binance Spot | 0.1% | 0.1% |
| Bybit Perps | 0.02% | 0.055% |
| OKX Spot | 0.08% | 0.1% |
| STON.fi (AMM) | 0.3% (LP) | 0.3% (single tier) |
VIP volume and native-token holdings drop both fees; top tiers feature maker rebates as low as −0.01%.
On AMM DEXs
A pure AMM has no maker/taker split: every swap is a “take”, every LP is a passive “make”. So STON.fi, DeDust and the rest charge a single fee — say 0.3% — paid by every swapper and split among all LPs.
Concentrated liquidity (CLMM) partly revives the split: an LP active inside a range behaves like a maker, and the venue can offer multiple fee tiers (0.01% / 0.05% / 0.3%) for different pairs.
Perpetuals
Perp protocols typically charge 0.055–0.075% taker, 0.02–0.03% maker. At high volume the 2–3x ratio is meaningful — frequent traders favour limits specifically to save on fees.
What matters for users
- Small trade? A 0.1% taker vs 0.02% maker on 100 USDT is 0.08 USDT — irrelevant.
- Large volume? On 100,000 USDT a day, the gap is tens of dollars per day, thousands per year — well worth using limits.
- On AMM DEXs the 0.2–0.3% fee is built into every swap and goes to LPs, not “nowhere”.
Taker fee is the simplest line item in trading costs and the most underestimated over the long run.