Fees

Fees & Economics

This page details the fee structure, creator incentives, and bond requirements on Yosoku.

Trading Fees

Yosoku implements a three-tier fee structure applied to trades. Fees are calculated as a percentage of the trade value and deducted at the time of execution.

Fee Breakdown

Fee Type
Rate
Recipient
Description

Protocol Fee

0.75%

Protocol Treasury

Supports platform operations and development

Creator Fee

0.50%

Market Creator

Incentivizes quality market creation

Referral Fee

0.25%

Referrer

Optional reward for user referrals

Total Fee

  • Without referral: 1.25% (Protocol 0.75% + Creator 0.50%)

  • With referral: 1.25% (Protocol 0.50% + Creator 0.50% + Referral 0.25%)

When a referral is provided, the referral fee is subtracted from the protocol fee, keeping the total fee unchanged for the trader.

Fee Application

Fees apply to:

  • Market buy orders

  • Market sell orders

Fees do not apply to:

  • Limit order fills

  • Order cancellation

  • Share merging

  • Position redemption

Example Calculation

A trader places a market buy for $100 USDC:

Component
Amount

Trade Value

$100.00

Protocol Fee (0.75%)

$0.75

Creator Fee (0.50%)

$0.50

Total Fees

$1.25

Net to Market

$98.75

Creator Economics

Market creators earn fees from all trading activity on their markets, providing ongoing revenue as long as the market is active.

Creator Fee Collection

  1. Creator fees accumulate in a dedicated Creator Vault for each market

  2. The vault is a USDC token account owned by the market PDA

  3. Creators can claim accumulated fees at any time

Claiming Creator Fees

To claim accumulated fees:

  1. Navigate to your created markets

  2. View the Creator Vault balance

  3. Click "Claim Fees"

  4. Fees are transferred to your wallet

Creator Vault Lifecycle

Event
Creator Vault Status

Market created

Vault initialized (empty)

Trade executed

Fees added to vault

Creator claims

Fees transferred to creator

Market closed

Referral Program

Referrers earn a portion of trading fees when users trade through their referral link.

How Referrals Work

  1. Referrer shares their referral link or wallet address

  2. Trader includes referral account when placing orders

  3. On each filled trade, 0.25% goes to the referrer's USDC account

  4. Referral fee is deducted from the protocol fee (not additional cost to trader)

Referral Requirements

  • Referral account must be a valid USDC token account

  • Referral cannot be the trader's own account

  • Referral is optional on all orders

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