Fees
Where your 2% goes.
369X charges 2% of trade value on every buy and every sell. On a $100 trade that is $2: $0.85 to the protocol, $0.50 to the market’s creator, $0.40 to market depth and $0.25 to liquidity providers. Staking discounts reduce only the protocol share.
The four-way split
Each percentage below is a share of the trade’s value. The second column shows the same thing as a share of the 2% fee, which is where denominators often get mixed up: the creator’s 0.5% is 25% of the fee, not 0.5% of it.
2%total fee on each buy and each sell
Discounts shrink only the protocol share. Creator, depth and LP shares never change.
| Destination | Share of trade value | Share of the 2% fee | What it pays for |
|---|---|---|---|
| Protocol | 0.85% | 42.5% | Goes to the FeeVault for operations, treasury and, after token launch, $369X buybacks. The only part a staking discount reduces. |
| Creator | 0.5% | 25% | Paid to the approved creator of that market for its active life. |
| Market depth | 0.4% | 20% | Stays inside the market and raises its liquidity parameter, so later trades move the price less. |
| Liquidity providers | 0.25% | 12.5% | Paid to LP Vault depositors, who back market making and take the losses when traders win. |
| Total | 2% | 100% |
Work out the fee on a trade
How staking discounts work
From token launch, staking $369X reduces the protocol share of the fee by 10%, 25% or 50%. The creator, depth and LP shares are never discounted, so the lowest possible total is 1.575%, not 1%.
| Tier | $369X staked | Discount on protocol share | Protocol share | Total fee | Fee on $100 |
|---|---|---|---|---|---|
| Holder | 0 | 0% | 0.85% | 2% | $2 |
| Staker | 1,000+ | 10% | 0.765% | 1.915% | $1.92 |
| Power Staker | 10,000+ | 25% | 0.6375% | 1.7875% | $1.79 |
| Protocol Staker | 100,000+ | 50% | 0.425% | 1.575% | $1.57 |
A sale has its own fee
Buying and selling are two trades. If you buy $100 of YES and later sell those shares for $130, you pay $2 on the buy and $2.60 on the sale. Holding to settlement and claiming your payout doesn’t pay a trading fee; you only pay network gas.
Illustrative Round trip on a $100 position
- Buy: $100 × 2%
- $2.00
- Sell later for $130: $130 × 2%
- $2.60
- Total trading fees
- $4.60
- Or hold to settlement and claim
- $2.00 plus gas
What a winning trade pays after fees
Spend $100 at an average price of 40¢ with no discount. The $2 fee leaves $98 for shares, which buys 245 of them. If your side wins you receive $245, a $145 gain; if it loses you lose the $100. Try other numbers:
Rounding, gas and what isn’t included
- Fees are calculated at full precision and shown rounded to the cent. At the top discount, a $100 trade pays 1.575% = $1.575, displayed as $1.58.
- Network gas on BNB Smart Chain is paid separately to validators. It is typically under a cent, but varies with load.
- Price impact is not a fee. It is the higher average price a larger order pays on the LMSR, and it stays in the market.
- Governance can change the platform fee only within hard-coded bounds of 0–5%, after a 48-hour timelock.
What happens to the protocol share
The 0.85% protocol share goes to the FeeVault, which funds operations and the treasury. After token launch, 30% of it buys $369X on the open market: half is burned and half goes to stakers. That is 12.75% of each 2% fee, not 30% of volume. Buyback detail.