Trading Agent Economics
Trading Agent backers keep a % of the total generated profit on that specific Trading Agent.
Each Trading Agent represents a share of the trader’s underlying trading account (their “fund”). NAV moves as the trader’s P&L moves. If the trader’s account grows +10%, the NAV per Trading Agent rises 10%. If the account loses 5%, NAV falls 5%. This is the baseline value, excluding any fee considerations.
Xi promotes profit sharing to align everyone's incentives.
A % of new profits go to the trader, and the rest remains with investors and retail traders. This is charged only when the trader makes a net positive return above the previous high (long), or when the trader makes a net negative return above the previous high (short).
There is a 30% standard performance fee in Markets and Trading. However, Xi lowers this fee to 20% for those users who invest directly through the Launchpad, to encourage long-term engagement.
Performance Fee
30%
30% 20%
To reduce volatility, Launchpad participants are subject to a 3-month lock-up period. However, positions can be exited earlier by paying an additional 3% early exit fee.
Lockup Period
3 Months
Funds are locked for 3 months
Early Exit Option
Before 3 Months
Early exit by paying a 3% fee
In summary, Xi doesn't charge fees for investors and charges a 10% fee via the Exchange.
Investors (Participants of the Agent)
70%
Trader (Operator)
20%
Platform
10%
Copy Traders (Buyers/Sellers)
80%
Trader (Operator)
20%
Platform
0%
And, how does the ecosystem encourage new Launchpad listings?
Xi pays additional rebates for Seed Capital participants.
Seed Capital refers to the first $5,000 in assets under management (AUM) raised by a trader. To incentivize early adoption, Launchpad participants receive a 5% rebate of the trading fee with multipliers based on the stage (tranche) in which they invest.
Note, this applies only to Trading Agents in the Seed phase.
1
$0 → $1,000
5×
33.3%
2
$1,000 → $2,000
4×
26.7%
3
$2,000 → $3,000
3×
20.0%
4
$3,000 → $4,000
2×
13.3%
5
$4,000 → $5,000
1×
6.7%
Do other retail traders' decisions affect me?
No. Negative P&L is passed through one-for-one to investor balances. If an individual account falls below the maintenance margin, only that position is liquidated; other investors and the trader remain unaffected.
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