Arena Perps Unveils Tiered Fee Cuts for Active Traders

Arena Perps has introduced tiered fee cuts for its users, offering discounts based on their trading volume, customer loyalty, and platform standing.

The new program reduces fees by up to a maximum of 10 basis points (bps), which is capped at $0.1% per order. This reduction will be applied on top of the existing Hyperliquid tiers, which are calculated from rolling 14-day volume and assessed at the close of each UTC day.

The Arena Perps platform has modest trading volumes compared to other venues, with around $14.28 million in Arena perp volume across 30 days, according to DeFi Llama. The tiered fee cuts are designed to incentivize more trading activity on the platform.