Fees · where every trading fee goes
Where every fee goes
New coins launch on Raydium LaunchLab, where every trade on the curve pays 2% in SOL: 1.75% to the pad's fee vault on Raydium, claimed by the pad's fee wallet, and 0.25% to Raydium. Our bot splits the pad's 1.75% six ways, as below. Coins launched earlier on Meteora keep the fee their creator picked (1%, 1.5% or 2%), split the same way: Trading fees arrive in a team fee wallet. Our bot splits them six ways and pays each share out from there. Every payment goes on the public ledger with its transaction.
FM4/01The supply manifest
Supply manifest · one crate = one fee
20 tins · 5% each
Rations
Rebate
Supply drop
Burn pit
Creator
Team
| Share | Consignee | Delivered |
|---|---|---|
| 30% | Holders of that coinA payout round every 10 minutes, sent to wallets by our bot. | A payout round every 10 minutes, sent to wallets by our bot. |
| 15% | TradersA rebate round every Friday at 17:00 UTC, sent to wallets by our bot. | A rebate round every Friday at 17:00 UTC, sent to wallets by our bot. |
| 10% | Supply dropA weekly drop to wallets that hold the platform token, sent to wallets by our bot. | A weekly drop to wallets that hold the platform token, sent to wallets by our bot. |
| 25% | Buy and burnOn SOL pairs our bot buys the platform token and burns it. Other pairs wait in a burn bucket. | On SOL pairs our bot buys the platform token and burns it. Other pairs wait in a burn bucket. |
| 10% | Coin creatorPaid to the creator by our bot with the normal payouts. On an approved developer coin it is paid 3 days after it is earned. | Paid to the creator by our bot with the normal payouts. On an approved developer coin it is paid 3 days after it is earned. |
| 10% | TeamKept by the team. | Kept by the team. |
| 100% | Nothing left over. Rounding dust goes to the holders. | |
FM4/02A worked example
A $1,000 trade on a coin at the 1.5% tier pays a $15.00 fee. This is how that fee is divided.
- Holders of that coin
- $4.50
- Traders
- $2.25
- Supply drop
- $1.50
- Buy and burn
- $3.75
- Coin creator
- $1.50
- Team
- $1.50
FM4/03The small print
New coins on Raydium LaunchLab
Every trade on a new coin's curve pays 2%, from the first trade: 1.75% goes to the pad's fee vault on Raydium, which the pad's fee wallet claims, and 0.25% goes to Raydium. There is no opening sniper fee on these coins. The rate and the wallet that claims it are set in the pad's platform config on Raydium LaunchLab, and the team's admin key can change them.
Payouts from new coins
The pad's fee wallet claims the pad's 1.75% from its fee vault on Raydium, and our bot splits it six ways: holders 30% (every 10 minutes, weighted by time held), traders 15% (weekly), the weekly drop 10%, the creator 10%, the team 10% and the burn 25%. The split is carried out by our bot and is not enforced on chain. The burn share is held, and nothing is bought or burned with it, until the pad's own coin has graduated. Payouts come from trading fees: with no trading there is nothing to pay out.
After a new coin graduates
Its pool moves to Raydium CPMM and its liquidity is locked through Raydium's LP lock, which the pad's fee wallet holds. After graduation Raydium's pool fees apply; see the coin's page.
The opening 30 seconds, on Meteora coins
For the first 30 seconds of a coin the fee starts at 50% and falls in a straight line to the coin's own trading fee. It applies to every buy after the launch transaction, and is split the same six ways.
Who can change the split
The team can. The team can change these rules. Any change is posted here with its date before it takes effect. In phase two the split sits in our program, where the team share cannot be set above 10% and the six shares must total 100%.
Rounding
The six shares always add up to exactly the amount collected. Any leftover dust from rounding goes to the holder pot.
No creator fee on the curve
The curve itself pays the creator nothing. The creator's 10% comes out of this split, so it is on the manifest with everything else.
After a Meteora coin graduates
Meteora's program locks the liquidity for good. The fees that locked position earns go to the team fee wallet and are split in exactly the same way.
Burns on non-SOL pairs
The burn share of USDC and ZEC pairs waits in a burn bucket. It is not converted until a guarded swap route exists for that asset.
FM4/04Where the money sits
- Team fee walletPhase one. Every trading fee arrives here, and our bot pays every share out of it. The team controls this wallet.
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