Trading Fees

Prodigy.Fi operates with a transparent fee structure:

Vault Subscribers:

No trading fees for Vault Subscribers depositing funds into vaults. Vault Subscribers are only responsible for gas fees incurred during deposits and withdrawals.

Vault Creators:

The trading fee Vault Creators pay is determined using 3 components:

  1. Investment Token Price: The Investment Token's price at the time of vault creation.

  2. Filled Quantity: The total quantity filled in the vault by Vault Subscribers.

  3. Yield: The yield offered to Vault Subscribers.

Trading Fees

  • Currently, Prodigy.Fi's fees are fixed at 20% of the yield offered to Vault Subscribers.

  • Trading fees are collected upfront, and any unused fees will be refunded during withdrawal when the vault expires.

Trading Fee Formula: 

Fees = 20% x Yield × Filled Quantity x Investment Token Price

Example A: Buy Low Vault

  • Total USDC Quantity in a Buy Low vault = 10,000

  • Filled Quantity = 8,000 USDC

  • Yield offered to Vault Subscribers = 10%

  • Investment Token = USDC

  • Investment Token Price at the time of vault creation = $1.00

Fees = 20% × 10% x 8,000 × 1 = 160 USDC

Example B: Sell High Vault

  • Total ETH Quantity in a Sell High Vault = 20

  • Filled Quantity = 7 ETH

  • Yield offered to Vault Subscribers = 1%

  • Investment Token: ETH

  • Investment Token Price at the time of vault creation = $3500

Fees = 20% x 1% x 7 x 3500 = 49 USDC

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