> For the complete documentation index, see [llms.txt](https://docs.midasmarkets.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.midasmarkets.xyz/reference/fees.md).

# Fees

What you pay comes from three places: the network, the venue that executes your trade, and Midas. Only the last one is ours.

The short version: **0.50% on swaps, 0.05% on perp trades.**

## What Midas charges

* **Solana swaps** (Jupiter) — **0.50%** of the trade.
* **Cross-chain and EVM swaps** (Relay) — **0.50%** of the trade.
* **Hyperliquid perps** — **0.05%** of the fill.

Internal funding transfers — moving USDC onto Hyperliquid to cover margin, for instance — generally carry no Midas fee.

## What the network and venue charge

* **Solana** — network fees, usually under a cent. A first-time buy of a token also pays a small one-time account cost.
* **EVM and cross-chain** — gas on each chain the route touches, plus bridge costs.
* **Hyperliquid** — the venue's own trading fees, and funding payments while a position is open.

Slippage and price impact are not fees, but they change the price you actually get. See [Trading on Midas](https://github.com/stsssol/stss/tree/main/docs/trading/README.md).

## Examples

Midas fee only — not gas, venue fees or slippage.

* A $1,000 swap → **$5.00**.
* A $10,000 perp fill → **$5.00**.

Part of that fee comes back to you: see [Cashback](https://github.com/stsssol/stss/tree/main/docs/cashback/README.md), or [Referrals](https://github.com/stsssol/stss/tree/main/docs/referrals/README.md) if someone signed up through your link.


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