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 60% 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 = 60% 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 = 60% × 10% x 8,000 × 1 = 480 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 = 60% x 1% x 7 x 3500 = 147 USDC

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