Fees

Complete fee structure for Sova Protocol

Complete fee structure for all Sova products. Transparent pricing with no hidden fees.

No hidden fees. What you see is what you pay.

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Vault Fees

Fee Type	Rate	Description
Management Fee	0%	No annual fee on AUM
Performance Fee	10%	Applied only to realized profits
Deposit Fee	0%	No entry cost
Withdrawal Fee	0%	No exit cost

Performance Fee Calculation

Protocol only earns when depositors earn:

Vault gross yield:    10%
Performance fee:       1%  (10% of 10%)
Net yield to LP:       9%

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Swap Fees

Route	Total Fee
USDC → BTC/ZEC	0.5%
Other Token → BTC/ZEC	~0.8%
BTC/ZEC → EVM	0.5%

Fee Breakdown

Component	Rate	Recipient
Aerodrome DEX	0.3%	Liquidity providers
Bridge Fee	0.5%	Sova Protocol

Fee Optimization: Swap from USDC directly to avoid the 0.3% DEX routing fee.

Fee Examples

USDC → BTC (1,000 USDC):

Input	1,000.00 USDC
DEX fee	0.00 USDC
Bridge fee (0.5%)	-5.00 USDC
Net to BTC	995.00 USDC
Output (at $95k)	~0.0105 BTC

DAI → BTC (1,000 DAI):

Input	1,000.00 DAI
DEX fee (0.3%)	-3.00
Bridge fee (0.5%)	-4.99
Net to BTC	~992 USDC
Output (at $95k)	~0.0104 BTC

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Gas Costs

Transaction fees paid to Base network:

Action	Typical Cost
Token approval	$0.01 - $0.05
Vault deposit	$0.05 - $0.15
Vault withdrawal	$0.05 - $0.15
Swap execution	$0.05 - $0.15
Limit order creation	$0.05 - $0.20

Gas costs vary with network congestion. Base maintains consistently low fees.

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What You Don't Pay

• No account fees
• No inactivity fees
• No subscription fees
• No hidden spreads

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Fee Comparison

Vaults vs Traditional Finance

Fee	Sova	Hedge Funds	ETFs
Management	0%	2%	0.1-1%
Performance	10%	20%	0%
Entry/Exit	0%	0-5%	0%

Swaps vs Alternatives

Route	Sova	CEX*	Other Bridges
Base → BTC	0.5-0.8%	0.5-1.5%	Variable

*CEX fees exclude withdrawal costs (typically 0.5-1%+)

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Fee Recipients

Fee	Recipient
Aerodrome DEX	Liquidity providers
Bridge fee	sovalabs.near
Performance fee	Protocol treasury