Meteora earns a share of the trading fees generated on swaps routed through its pools. These protocol fee percentages apply to the trading fee, not to the full swap notional.Documentation Index
Fetch the complete documentation index at: https://docs.meteora.ag/llms.txt
Use this file to discover all available pages before exploring further.
Fee Distribution Logic
The pool first calculates the total trading fee for the swap. The program then splits that trading fee between LPs, market makers, limit order owners, launch partners, token creators, the protocol, and optional referral or host accounts depending on the product.Referral and host fees do not increase the total trading fee paid by the swapper. They are carved out of the protocol-side fee when the swap includes the required referral or host account.
DLMM
DLMM fees can be split between market-maker liquidity, limit-order liquidity, protocol fees, and host fees.| Fee Source | Pool Type | Protocol-Side Fee | LP/Owner Fee | Notes |
|---|---|---|---|---|
| MM position | Standard pools | 10% | 90% LP fee | Standard pool protocol share is set by the operator or preset. |
| MM position | Launch pools | 20% | 80% LP fee | Launch pools use the ILM protocol share. |
| Limit order | Limit-order supported pools | 50% | 50% limit-order owner fee | Applies to the limit-order portion of the trading fee. |
20% of the eligible protocol-side fee. If no host fee account is provided, the host fee is 0.
DAMM v2
DAMM v2 applies the same protocol split to standard pools and launch pools.| Fee Source | Pool Type | Protocol-Side Fee | LP Fee |
|---|---|---|---|
| MM position | Standard pools | 20% | 80% |
| MM position | Launch pools | 20% | 80% |
20% of the protocol-side fee. If no referral account is provided, the referral fee is 0.
For DAMM v2 compounding pools, the LP side can be split between claimable fees and auto-compounded fees after the protocol fee is removed.
DAMM v1
DAMM v1 fee distribution depends on whether the pool is constant product or stable swap.| Pool Type | Protocol-Side Fee | LP Fee | Trade Fee |
|---|---|---|---|
| Constant product standard pools | 20% | 80% | 0.25% |
| Constant product launch pools | 20% | 80% | Customizable |
| Stable swap pools | 0% | 100% | 0.01% |
20% of the protocol-side fee. If no referral or host account is provided, the referral/host fee is 0.
DBC
DBC splits bonding-curve swap fees between protocol fees and the virtual liquidity trading fee share.| Fee Source | Protocol-Side Fee | Trading Fee Share | Notes |
|---|---|---|---|
| Virtual liquidity position | 20% | 80% | The trading fee share is split between partner and creator according to the config’s creator trading fee percentage. |
20% of the protocol-side fee. If no referral account is provided, the referral fee is 0.
Collection in Base or Quote Tokens
Revenues are derived from swap fees, which are collected in the tokens currently being swapped. Therefore, Meteora accumulates a diverse basket of base and quote tokens, such as SOL, USDC, MET, and other pool assets.Meteora’s revenues are not automatically converted to stablecoins such as USDC at the moment of collection.