Overview
Revenue Models
How does Syrax make money? Syrax has a couple of revenue streams, we’ll list the 4 largest ones below
Trading Fees
On each trade placed through a Syrax product (web platform or Telegram bot) has a trading fee. This fee ranges from 0.5% to 1%.
The fee can be reduced by holding the $SYRAX token, being invited/referred by a friend, or trading large amounts of volume.
Subscriptions
As of writing, Syrax has 2 subscriptions (DYOR+ & Syrax Pro) which cost 1 and 2 SOL/month respectively.
Group Boosts
Group boosts unlock special features to communities on Telegram and Discord. These boosts are priced at 0.5 SOL/boost/month.
API
Our in-house developed API which allows other developers to access our data. Pricing varies from 50 to 1,000+ USD per month.