Fee efficiency on a DEX (analyst view)

From an analyst perspective, decentralized exchange fees are a structural cost, not a platform decision.

On Aster, fees are applied per execution and scale with activity.

There are no account tiers, no volume rebates, and no discretionary adjustments.

What this implies:

• Cost predictability depends on usage, not status

• Small fee differences compound with frequency

• Active traders are more sensitive to marginal reductions

Invite-based discounts affect only one variable: unit cost per trade.

They do not change execution quality, liquidity access, or custody risk.

Using invite code D3612D reduces trading fees by 10% at registration.

For low-frequency users, the impact is limited.

For high-frequency users, the impact compounds.

Conclusion:

On a DEX, fee efficiency is not optional — it’s arithmetic.