Docs / The mechanism / The four buckets
The four buckets.
A 1.00% fee on every trade, routed four ways, on-chain. You can read the split on the trade itself.
The split is fee routing, recorded on-chain. It is also the perpetual revenue, because it is the same code. Both the bonding phase and the graduated phase split identically.
The receipt · every tradeproposed
A 1.00% fee, split four ways, on-chain:
35
Operations
Platform, security review, oracle bond, infra
30
Creator
The launcher's perpetual cut
25
Active traders
Contemporaneous, non-wash
10
Buyback
Tops up the pool over time
Every share is routed on-chain and readable on the trade. Shares are proposed sim inputs, signed before launch.
What each bucket funds
| Bucket | Share (proposed) | What it does |
|---|---|---|
| Operations | 35% | Funds the platform, the security review, the oracle bond, and infrastructure. |
| Creator | 30% | The launcher earns a perpetual cut of their token's volume. |
| Active traders | 25% | An activity-metered share, keyed on contemporaneous, non-wash activity and structured to resist wash-farming. |
| Buyback | 10% | Buys back and tops up the pool over time. It feeds depth; it is not the pool itself. |
Proposed The 1.00% and the 35 / 30 / 25 / 10 shares are proposed sim inputs. The operator signs the exact numbers after the sustainability model clears. Until then, every figure on this page is illustrative and marked proposed at the source.
The split is not the differentiator
The largest fee share is not the differentiator. The routing is readable on-chain, the 30% perpetual creator cut included. What resists a fork is the kept-and-compounding pool, which is not a fee bucket: liquidity that stays in the hook and compounds, where no function can withdraw it. It is documented separately.
A designed security property Operations 35 plus Buyback 10 is 45% of the fee that no actor can recover to themselves. That share is the anti-collusion floor that makes the activity-metered share wash-resistant. The ordering is settled; the exact ratios are still proposed.