# Fee Tiers

There are 4 default fee tiers when creating a Concentrated Liquidity position on NILE:

* **0.01% -** The lowest fee tier available (1 bps), this provides the best rate for highly correlated and pegged assets: e.g. (USDC,USDT)
* **0.05% -** The second lowest fee tier, this is good for competitive asset classes, such as USDC/WETH, which generate a lot of volume.
* **0.3% -** This fee tier is the standard for  pairs that do not fall in the other categories.
* **1.0% -** Currently the highest fee tier available, 100bps provides sufficient fee generation to offset the risk of providing liquidity for highly volatile assets.

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New fee tiers may be added in the future based on market conditions, and would be creatable through the V2 Pool Factory
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