# Imperial Lists 0.01% Per-Side Fee for Solana-Settled Perpetuals

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/36418
Published: 2026-10-21T06:35:38.000Z
Updated: 2026-10-21T06:35:38.000Z
Section: Business

> Phoenix displayed a trading interface during an Oct. 21 check and has separate maker and taker fees.

Opening an Imperial perpetual futures position costs 0.01% of notional value, with another 0.01% charged to close.

The charge applies to a position’s notional value each way. Imperial offers at least 200 markets and leverage of up to 250x on Bitcoin (BTC) and Solana (SOL) markets, with lower limits on some others. Its trades draw on external order-book liquidity, while positions settle on Solana.

Phoenix, a separate Solana perpetual futures exchange, displayed a trading interface when checked at about 2:27 a.m. ET (06:27 UTC) on Oct. 21. The interface’s appearance does not establish whether users could place trades at that time.

Phoenix has base fees of 0.035% for orders that take liquidity and 0.005% for orders that provide it. Additional builder fees may apply to orders routed through Flight. Phoenix is unavailable in the United States.