Odaily Planet Daily reports that GMX 🫐 has launched the Builder Fees mechanism on Solana, allowing third-party developers to build trading interfaces, route orders, or automation tools and collect fees from each position order submitted by users. Developers must publish their fee rates on-chain, and traders must sign off on these rates with each order; fees are added on top of standard trading fees and are calculated based on position changes—for example, a 0.01% fee on a $1,000 position increase results in a $0.10 charge, which is ultimately settled to the developer’s claimed treasury. Orders submitted through developer interfaces use the same liquidity pools, oracle prices, and price impact rules as other orders. Builder Fees apply to market and limit orders for increasing, decreasing, or stop-loss reducing positions, but do not apply to swaps, liquidations, or ADL.
GMX Launches Builder Fees Mechanism on Solana for Developers
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Summary
GMX has launched the Builder Fees mechanism on Solana, enabling developers to build trading interfaces, route orders, or launch automation tools while charging fees on user position orders. Developers must publish their fee rates on-chain, and traders must sign these rates for each transaction. Fees are added to standard transaction costs and are calculated based on position changes—for example, a $1,000 position increase at a 0.01% fee rate costs $0.10. These fees accrue to the developer’s claimable vault. Orders placed through the developer interface use the same liquidity pools and oracle prices as all other trades. Market and limit orders for position adjustments are eligible, but swaps, liquidations, and ADL are not. On-chain data ensures full transparency, and on-chain analysis reveals how developers interact with the GMX ecosystem.
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