We’ve reworked the fees for Jupiter Perps, catered towards addressing the high fee concern from our traders. Open/close fees on Jupiter Perps have been reduced from 0.1% to 0.07% and JLP now earns 75% of the fees on Perps. This was implemented alongside a new price impact fee, which simulates the orderbook impact of your trade. The larger the trade, the higher the fee. Most trades on Jupiter will pay less in fees now, and you can also split up your trade to incur less impact. This change was recommended by @gauntlet_xyz, with the goal of increasing trading volume and improving APY for JLP ultimately. These changes went live a few days ago, reach out in Discord if you have any questions!