Mudrex is powered by Binance’s trading system. On every transaction for Coin Sets, a small cost is charged as a trading fee. Here’s a breakdown of the costs:
Invest: 0.3%
Redeem: 0.3%
Rebalance: 0.6%
How is the fee deducted?
This fee is automatically deducted from your invested amount. Your investment returns include any transaction fees deducted.
Why is rebalancing fees more than investment/redemption fees?
On every rebalance, there are two transactions involved - first the existing tokens are sold and then the new tokens based on new configuration is bought. Our extensive research shows that Coin Sets deliver a better return when it is rebalanced even after incorporating fees.