Fees
What you pay, when, and to whom.
The fees#
| Fee | Rate | Charged |
|---|---|---|
| Entry | 0.75% | On every deposit, when the shares are minted |
| Exit | 0.75% | On every redemption, when the shares are burned |
| Split of entry and exit fees | 50% creator / 50% platform | Paid to the fund's creator and to the platform in the same instruction |
| Fund creation | 0 USDC | Once, at launch |
| Launch seed | 0.1 USDC | Once, at launch — locked in the fund, not a fee |
| Management | None | — |
| Performance | None | — |
The platform’s published rates. The live read from the factory contract is unavailable right now.
How they are charged#
- Entry fee. Taken from your USDC when a deposit opens and kept in its escrow. It is paid only when the shares are minted; a cancelled deposit gets it back.
- Exit fee. Taken in shares at the moment shares are burned. Every way out of a fund — USDC redemption, cancel, unsellable tokens, a direct redemption — goes through that burn, so no exit skips it. The fee shares are transferred, not burned: they stay backed by the basket.
- Direct deposits and redemptions through the vault program pay the same rates, in shares.
- The split. Each fee is divided between the fund’s creator and the platform, in the same instruction.
Who sets them#
Fees are set once, in the factory contract, for the whole platform. A creator cannot set, raise or lower the fees of their fund, and there is no management or performance fee anywhere. The protocol can change the rates for all funds at once; the contract caps entry and exit fees at 10% each.
Other costs#
- Solana network fees, paid in SOL from your app wallet.
- Rent for the temporary accounts a deposit or redemption opens, returned when it closes.
- The price impact of each Jupiter swap, which is part of your slippage, not a DFM fee.
- At launch: the creation fee and the seed above, plus SOL for the rent of the fund’s new accounts.
- Buying and selling tokens in your app wallet is not a fund operation and has its own fee: see Trade.
- The in-app agent spends platform credits — model, market data and tools. Credits are separate from fund fees and never touch a fund.