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3) These extra fees go straight to the insurance fund, to protect against the fact that there is a much higher risk of insurance fund losses from highly leveraged positions. However, BTC-PERP and ETH-PERP are more liquid, and so can handle the higher leverage.

SBF

@SBF_FTX

Nov 20, 2020

4) In addition, FTX has been around for a year and a half and the insurance fund has been steadily growing. ftx.com/status We'll continue to revisit this in the future. Note that the high-leverage fees still apply to other markets.

ftx.com

FTX

Cryptocurrency Derivatives Exchange

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So market maker fees for ethperp and btcperp on high leverage is now 0?