Protocol

Fees

Two separate charges, both visible before you trade.

The platform fee

Starts at 1% and decays with the coin's market cap down to a floor of 0.3%, which it reaches around $207k. A new coin pays more. An established one pays what the largest launchpad on this chain charges.

The decay is driven by the highest market cap the coin has ever reached, not by where it is right now, so the rate does not jump back up on a dip.

The creator fee

Separate, on top, and set by the creator when the coin is made. They choose then whether it stays flat at every size or decays as the coin grows, and that choice can never be raised afterwards.

Coins whose creator fee decays carry a badge in the feed. They get cheaper to trade as they get bigger, which is worth knowing before you buy.

Low creator fees are paid out of ours

Of the 1% platform fee, 0.30% is the protocol's whatever happens and 0.70% is the part that decays away as a coin grows. That decaying part is a pot, and a creator who charges less than 0.70% of their own takes the share of it they are short by, so they start at 0.70% rather than at what they asked for.

Creator setsCreator receivesProtocol receivesTrader pays
0.10%0.70%0.40%1.10%
0.60%0.70%0.90%1.60%
0.70%0.70%1.00%1.70%
2.00%2.00%1.00%3.00%

Read the last column first. The trader pays the platform fee plus the creator's tax, always. This decides who receives which basis point, and never adds one to the trade. A creator asking 0.70% or more of their own gets nothing from the pot, because they are already there.

The share is a fraction of the pot rather than a fixed amount, so it shrinks as the pot does. Once the platform fee has finished decaying there is no pot left: the protocol has its 0.30% floor and the creator has exactly the rate they chose.

Same rate on both venues

You pay the same rate whether the coin is on its curve or in its Uniswap pool. The pool charges no Uniswap fee of its own, so there is nothing stacked on top after graduation.

A fee is not always taken in the asset you paid with. On the curve it comes off the quote leg, but the hook charges on the output currency, so a buy in a graduated pool pays its fee in the coin. This matters if you are reading raw events. See Events.