Points Formula

Fees, never volume. The whole formula, published.

Last updated 18 July 2026

Points accrue on Exos builder fees you actually pay, never on notional volume, which makes wash trading pointless by construction. The formula applied to every fill:

• fee_usd: the Exos builder fee actually charged on the fill, in USDC. Referral discounts reduce it; points follow the fee paid.
• 100: the base rate, 100 points per USDC of fees.
• phase_multiplier: 2 during The Proving Grounds (3 Aug to 1 Sep 2026), 1 afterwards.
• ladder_multiplier: your fee-ladder rung, evaluated on cumulative season fees before the fill, so climbing a rung never re-rates history.

The fee ladder

The ladder stacks multiplicatively with the phase bonus and resets each season. Worst case, one fee dollar is worth 100 × 2 × 2 = 400 points, and every one of them cost real fees at the full rate.

Quest points

Quests reward risk hygiene and product discovery, never frequency, volume, or leverage. Quest points are flat: no multipliers apply.

Tiers

Tiers are pure status. Nothing is attached to them, and cosmetic titles carry zero point value. Points are not money, securities, or an entitlement to anything; their final form is undecided and they may never convert into anything. See the Terms of Use.