Fees
Every fee on woop, who gets it, and how it's paid.
Trades through woop pay 2% on the curve and 1.25% in the pool after graduation. The same curve trade from another app costs 3%. Launching is free.
For reference, LaunchLab caps a platform's fee at 5% and the creator fee at 0.5%.
On the curve: 2% per trade through woop
Every trade through woop pays a flat 2%, buys and sells alike.
On a 1 SOL trade
- RaydiumProtocol fee, fixed0.25%
- CreatorThe coin’s creator (0.5% on other apps)0.75%
- HoldersWeighted by amount × time held0.45%
- woopPlatform0.3%
- PromoterWhoever’s link brought the trader0.25%
- Total2%
| Slice | Rate | Goes to | How it's paid |
|---|---|---|---|
| Raydium | 0.25% | Raydium (fixed) | Protocol fee |
| Creator | 0.75% | The coin's creator | Creator fee (0.50%), plus a 0.25% bonus from the platform fee |
| Holders | 0.45% | Holders, weighted by time held | Platform fee, split by our program |
| woop | 0.30% | woop | Platform fee, split by our program |
| Promoter | 0.25% | Whoever's link brought the trader | Share fee, paid inside the trade |
| Total | 2.00% |
Each new coin's platform fee is 2.25%. A trade through woop gets 1.25% of it back, in the same transaction. Our program pays the creator's 0.25% bonus from the rest, then splits what's left: 0.45% to holders and 0.30% to woop.
Trades through woop are the app's Instant trades and the leftover of a Fair Block.
With no promoter
The share fee is always charged. With no promoter, it goes to the coin's treasury, for holders. The trade costs 2% either way.
Trades from other apps: 3%
Anyone can trade a woop coin from another app, like Axiom, Photon or a bot. Those trades pay the full platform fee, with no rebate and no share fee:
| Slice | Through woop | From other apps |
|---|---|---|
| Raydium | 0.25% | 0.25% |
| Creator | 0.75% | 0.50% |
| Holders | 0.45% | 1.35% |
| Promoter, or holders with no promoter | 0.25% | none |
| woop | 0.30% | 0.90% |
| Trader pays | 2.00% | 3.00% |
The other app may charge its own fee on top.
Why woop is cheaper
The curve is open, so nothing can force a trade through woop. Instead, each coin's fee is set higher, and trades through woop get part of it back. Through woop you pay 2%. From another app you pay 3%, plus whatever that app charges. Holders earn more from the outside trades.
Pairs without a share fee
Only SOL, USD1 and Anon pairs support a share fee. On every other pair, the coin's platform fee is 2.5% instead, and our program pays the promoter. Through woop the trade still costs 2%.
| SOL, USD1, Anon pairs | Every other pair | |
|---|---|---|
| Platform fee | 2.25% | 2.50% |
| Share fee | 0.25% | none |
| Promoter paid | inside the trade | by our program |
| Through woop | 2.00% | 2.00% |
| From other apps | 3.00% | 3.25% |
Each coin has its own platform settings on LaunchLab, so the rate is set per coin.
Older coins
Coins launched before the rebate keep their old fees: 2% through woop, 1.75% from other apps on SOL, USD1 and Anon pairs. They get no rebate and no creator bonus.
After graduation: 1.25% per pool trade, forever
Once a coin graduates, every trade in its pool pays a 1% pool fee plus a 0.25% creator fee. That's the same from woop or any other app.
- Holders50%0.42% of vol.
- Creator20%0.168% of vol.
- woop30%0.252% of vol.
Raydium keeps 0.16%. The other 0.84% comes to the coin through its Fee-Key NFT, and our program splits it:
| Slice | Share of 0.84% | Of trade volume |
|---|---|---|
| Holders | 50% | 0.42% |
| Creator | 20% | 0.168% |
| woop | 30% | 0.252% |
The 0.25% creator fee goes straight to the creator. Our program collects it from the pool and passes all of it on.
Other fees
| What | Fee | Goes to |
|---|---|---|
| Launching a coin | free | about 0.03 SOL of network costs |
| Fair launch | free | 0.06 SOL held for the launch, the unused part comes back |
| Using a taken ticker | 1 SOL | the first coin's holders |
| Exit Queue fills | 1% each side | creator 0.25%, woop 0.2%, promoter 0.125% (buyer's link), holders the rest |
| Fair Blocks, matched part | 2% each side | creator 0.5%, woop 0.4%, holders the rest |
| Helius Sender tip (mainnet) | about 0.000005 SOL per transaction | Helius, to land it fast |
Exit Queue fills and matched Fair Block trades don't touch the curve, so there's no Raydium fee. The leftover of a Fair Block trades on the curve through woop: it pays 2%, and its 1.25% rebate goes to the side that traded.
After graduation, Exit Queue fills and the matched part of a Fair Block cost 1.25% each side, the same as a pool trade.
What woop earns
woop keeps 0.3% of curve trades through woop, 0.9% of curve trades from other apps, and about 0.25% of pool volume. Everything else goes to holders, creators, promoters and Raydium.