Fees: Who pays what, once.

Explanation — not permission to act

Reference rules are not a live fee quote. Exact charges depend on the supported action, source, asset and current review.

The mechanics and diagram include historical specification design. Current gates and finalized evidence govern; configuration is not availability or execution proof.

Fees follow one waterfall: venue fees, then the platform inflow fee charged once on tax-dividend and creator-fee inflows (trade-fee and meme-fee streams are exempt, so no stream pays it twice and not every stream pays it), then the router; the index treasury cut applies inside INDEX only and the hosted-market haircut is never charged the inflow fee. Standard launch creator fee vaults split creator 60 and platform 40. Platform cash is divided by integer floor-third with the remainder conserved: one third burns $COMPUTER. On hosted markets there is no open fee, no fee to close at a loss and no funding; the only fee is an asymmetric haircut on realized profit, accrued at close and realized only when the claim is paid. Liabilities stay in their native assets; no USD balance is invented.

Review each trade’s costs

Read service and venue fees, transfer taxes, network fees, rent, price impact, slippage and minimum received. SOL gas is separate from COMPUTER holdings.

Do not double-count inflows

The design charges the applicable inflow fee once on tax/creator streams, not on every stream. INDEX has its own internal cut; hosted haircut rules are separate design.

Creator splits and net receipts

Historical standard creator-vault gross splits do not guarantee net received amounts. Forwarding taxes and source-specific terms may differ; standard is not new issuance admission.

Allocation is not a completed burn

The specification assigns a conserved floor-third of platform cash to burn. Check receipts, valuation coverage and burn transactions separately; revenue is not net profit.

Fee precedence and the burn third.
  1. Venue fees

    External venues keep their own fees.

  2. Inflow fee, once

    Tax and creator inflows; trade and meme fee streams exempt.

  3. Router

    Index cut only inside INDEX.

  4. Platform cash

    Floor-third burns $COMPUTER; remainder conserved.

Practical next reading

Review a Spot quote · Separate holdings and SOL costs · Interpret revenue

The numbers that bound it.

Live configuration is not embedded in this guide. No values are shown rather than guessed. Local settings are not chain, provider or release evidence. Spec defaults are not provider proof.

  • PLATFORM_CREATOR_FEE_SHARE
  • PLATFORM_INFLOW_FEE
  • TRADE_FEE_BPS_BASE
  • TRADE_FEE_BPS_TIER1
  • TRADE_FEE_BPS_TIER2
  • HAIRCUT_MAX
  • HAIRCUT_MIN
  • HAIRCUT_KNEE_BPS
  • MEME_PLATFORM_CUT
  • VAULT_INSURANCE_SHARE
  • INDEX_TREASURY_CUT
  • BURN_SHARE_OF_REVENUE

Platform spec reference

Historical source summaries, not a statement of current enforcement.

Applicability and precedence · §17 Revenue model and the $COMPUTER burn · §13.6 Meme engine fees · §27 Decision Ledger (v6.6.1) · §28 Financial Invariants Addendum (v6.6.2)