Jupiter Perps opening/closing fees have been reduced from 0.1% to 0.07%, JLP now receives 75% of the Perps fees

According to TechFlow, Jupiter announced that it has re-formulated the Jupiter Perps fees. The opening/closing fees have been reduced from 0.1% to 0.07%, and JLP can now receive 75% of the Perps fees.

At the same time, a new price impact fee was introduced that simulates the impact of a trade on the order book. These changes are intended to reduce trading fees, increase trading volume, and ultimately increase JLP's APY.