diff --git a/libs/deal-ticket/src/components/fees-breakdown/fees-breakdown.spec.tsx b/libs/deal-ticket/src/components/fees-breakdown/fees-breakdown.spec.tsx
new file mode 100644
index 000000000..9d99789c5
--- /dev/null
+++ b/libs/deal-ticket/src/components/fees-breakdown/fees-breakdown.spec.tsx
@@ -0,0 +1,36 @@
+import { render, screen } from '@testing-library/react';
+import { FeesBreakdown } from './fees-breakdown';
+
+describe('FeesBreakdown', () => {
+  it('formats fee factors correctly', () => {
+    const feeFactors = {
+      makerFee: '0.00005',
+      infrastructureFee: '0.001',
+      liquidityFee: '0.5',
+    };
+    const fees = {
+      makerFee: '100',
+      infrastructureFee: '100',
+      liquidityFee: '100',
+    };
+    const props = {
+      totalFeeAmount: '100',
+      fees,
+      feeFactors,
+      symbol: 'USD',
+      decimals: 2,
+      referralDiscountFactor: '0.01',
+      volumeDiscountFactor: '0.01',
+    };
+    render(<FeesBreakdown {...props} />);
+    expect(screen.getByText('Maker fee').nextElementSibling).toHaveTextContent(
+      '0.005%'
+    );
+    expect(
+      screen.getByText('Infrastructure fee').nextElementSibling
+    ).toHaveTextContent('0.1%');
+    expect(
+      screen.getByText('Liquidity fee').nextElementSibling
+    ).toHaveTextContent('50%');
+  });
+});
diff --git a/libs/utils/src/lib/format/number.ts b/libs/utils/src/lib/format/number.ts
index 783dfaf5c..6f721ccbd 100644
--- a/libs/utils/src/lib/format/number.ts
+++ b/libs/utils/src/lib/format/number.ts
@@ -158,7 +158,7 @@ export const addDecimalsFixedFormatNumber = (
 
 export const formatNumberPercentage = (value: BigNumber, decimals?: number) => {
   const decimalPlaces =
-    typeof decimals === 'undefined' ? Math.max(value.dp() || 0, 2) : decimals;
+    typeof decimals === 'undefined' ? value.dp() || 0 : decimals;
   return `${formatNumber(value, decimalPlaces)}%`;
 };