Activation and Gas Fees
New accounts on GX Exchange require a one-time activation before they can place orders. This page explains the activation process and the gas fee model.
Account Activation
Every Ethereum address must be activated on GX Exchange before it can trade. Activation registers the address in the on-chain clearinghouse and allocates the internal accounting structures needed for trading.
Activation Requirements
| Requirement | Details |
|---|---|
| Minimum deposit | A first deposit of at least 10 USDC is required |
| Activation fee | A one-time fee of approximately 1 USDC is deducted from the initial deposit |
| Processing time | Activation completes within the current L1 block (typically < 2 seconds) |
How to Activate
Activation happens automatically when you make your first deposit to GX Exchange. No separate API call is required.
- Bridge USDC to GX Exchange via the deposit flow
- The system detects a new address and initiates activation
- The activation fee is deducted from the deposit
- The remaining balance is credited to your trading account
Checking Activation Status
Query the clearinghouse state. An activated account returns a valid response; an unactivated account returns an error.
POST /info
{ "type": "clearinghouseState", "user": "0xYourAddress..." }If the account is not activated, attempting exchange actions returns:
{ "status": "err", "response": "Account not activated" }Gas Fees
GX Exchange operates as a high-performance L1 with a distinct gas model compared to general-purpose blockchains.
Trading Operations
| Operation | Gas Cost |
|---|---|
| Place order | No gas fee (included in trading fees) |
| Cancel order | No gas fee |
| Modify order | No gas fee |
| USD transfer | No gas fee |
| Update leverage | No gas fee |
| Approve agent | No gas fee |
Trading operations on GX Exchange do not require gas payments. The protocol’s fee structure is based on trading fees (maker/taker) rather than per-operation gas.
Bridge Operations
| Operation | Gas Cost |
|---|---|
| Deposit (from L1/L2) | Gas paid on the source chain |
| Withdrawal | A small bridge fee is deducted from the withdrawal amount |
GX EVM Operations
Operations submitted directly to the GX EVM (smart contract interactions) follow the standard EVM gas model. Gas is paid in the native GX token.
| Parameter | Value |
|---|---|
| Gas token | GX (native) |
| Gas price | Dynamic, based on network demand |
| Block gas limit | 2,000,000 (fast blocks) / 30,000,000 (slow blocks) |
See GX EVM for details on the dual-block architecture and gas pricing.
Fee Schedule
Trading Fees
| Tier | 30-Day Volume | Maker Fee | Taker Fee |
|---|---|---|---|
| 1 | < $1M | 0.020% | 0.050% |
| 2 | $1M — $10M | 0.015% | 0.040% |
| 3 | $10M — $50M | 0.010% | 0.035% |
| 4 | $50M — $200M | 0.005% | 0.030% |
| 5 | > $200M | 0.000% | 0.025% |
Query your current fee tier:
POST /info
{ "type": "userFees", "user": "0xYourAddress..." }API Wallet Activation
Agent wallets (API wallets) do not need separate activation. They inherit the activation status of the main address they are authorized to act on behalf of. Only the main trading address needs to be activated.