How it works

Fees

One flat 1% fee on every buy and sell — that's it. Creation is free. Here is exactly where every basis point goes, and why the split can't be changed on you.

The 1% trade fee

Both buys and sells pay a 1% fee. That single percent is divided in two stages: a slice for the token's creator, and the rest — the protocol fee — split by an immutable on-chain contract between the treasury and the trader-reward pool.

Where 1% goes

RecipientShare of tradeShare of the fee
Token creator0.05%5%
Treasury (protocol)0.76%76%
Trader rewards0.19%19%
Total1.00%100%

The mechanism is two steps. First, 0.05% of the trade (5% of the fee) is set aside for the creator, claimable anytime. The remaining 0.95% is the protocol fee, which the FeeSplitter divides 80% treasury / 20% trader-rewards. 20% of 0.95% is the 0.19% that flows back to traders; 80% of 0.95% is the 0.76% treasury share.

fee breakdown on a trade of size V
fee            = V × 1%

creator        = fee × 5%     = V × 0.05%   → token creator (claimable)
protocolFee    = fee × 95%    = V × 0.95%
  ├─ treasury  = protocolFee × 80%  = V × 0.76%   → FeeSplitter → treasury
  └─ rewards   = protocolFee × 20%  = V × 0.19%   → FeeSplitter → weekly trader pool

The 80/20 split is immutable

The treasury/rewards split is enforced on-chain by the FeeSplitter at 0xd66D18…1056Ed. It is fixed — the 20% that goes back to traders can't be quietly reduced. Verify the split yourself on Blockscout.

The creator fee

  • Whoever creates a token earns 0.05% of every trade on that token, buy and sell, for as long as it trades on the curve.
  • It accrues on-chain and is claimable at any time from the token page.
  • It is a reward for launching something people want to trade — it gives you no control over the token. See Creating a token.

The trader-reward share

That 20% slice of the protocol fee is the fuel for the weekly rewards pool. Every week it is paid out in ETH to everyone who traded, proportional to the Outlaw Points their volume earned. This is covered in full on Rewards & points.

Other fees

EventFeeNotes
Create a tokenFreeYou pay only network gas (a fraction of a cent).
Buy / sell1%Split as above. Applies on the curve.
Graduation0.02 ETHOnce, from the raised ETH. Snapshotted per pool, capped ≤ 0.2 ETH. See Graduation.

No hidden spread

The 1% is the only trade cost the protocol takes. There is no separate spread, no priority fee to the platform, and no listing fee — the curve price plus 1% and gas is the whole story.