Fee Schedule

Fee ParameterValueNotes

minDepositFeePercent

0%

Higher minDepositFee due to higher leverage compared to sUSDe 5x. Dynamic Fee applies.

minExitFeePercent

3%

Higher than typical minExitFee on account of Ethena's 7-day cooldown for unstaking sUSDe causing it to trade at a potential discount vs sDAI.

Higher minExitFee due to higher leverage in this vault compared to sUSDe 5x

LevFactor

7

Higher LevFactor due to higher leverage in this vault compared to sUSDe 5x

Protocol Fee

2%

The Deposit and Exit modal will always show you the vault fee that is applicable. If the current Dynamic Deposit or Exit fee is higher than the minimumFee outlined in the Vault Fee Schedule, the higher of the two Fees will be applied. See How Fees Are calculated to learn more.

100% of Deposit and Exit Fees accrue as surplus vault reserves to current vault shareholders and not to Origami Protocol Treasury.

Last updated