Docs / Protocol
Fees
No trading fee. A haircut on profit only.
Blue Clay charges no notional fee, no spread and no funding. At 1000× leverage none of those would be sustainable for traders.
Instead the Kiln keeps 2.5% of the profit on a winning close. A losing close pays nothing beyond the loss itself.
- Open: free
- Close at a loss: free
- Close at a profit: 2.5% of the profit
- Bust: the margin settles to the Kiln, nothing more
Network fees on Solana are paid in SOL by your wallet and are typically a fraction of a cent.