Trading fee selected for a launch
The selected rate is charged on each swap according to Meteora's pool configuration. HYMET does not charge a further percentage on the value of a buy or sell.
- Supported rate
- 0.25%–3%
- Fee mode
- Flat; dynamic fees disabled
- Collected in
- HYPE
- After migration
- DAMM v2 uses the same rate
Meteora's share and distributable fees
Meteora takes its protocol share first, and HYMET's split applies only to what remains. Meteora's protocol sets its own share on DAMM v2 pools; the trade panel shows the fee and protocol amounts before you trade.
Solana transaction fees, account rent, and any optional initial buy are separate costs. HYMET configures no additional launch fee, and the custom migration fee is zero.
- Meteora, on DBC pools
- 20% of the trading fee
- Distributable fees, on DBC pools
- The remaining 80% of the trading fee
- HYMET
- 20% of distributable fees
- Creator and holders
- 80% of distributable fees
Worked example
- Trade
- 100 HYPE at a 1% fee
- Trading fee
- 1.00 HYPE
- Meteora
- 0.20 HYPE
- HYMET
- 0.16 HYPE
- Creator, in a 50/50 split
- 0.32 HYPE
- Holders, in a 50/50 split
- 0.32 HYPE
HYMET Buyback & Burn
HYMET designates 100% of its 20% platform allocation for the Buyback & Burn of $HYMET. The intended use is to collect platform revenue, purchase $HYMET, and burn the purchased tokens. This is an allocation policy carried out manually by HYMET: no part of the app, keeper or distributor program buys or burns $HYMET automatically, and this documentation does not claim that any purchase, burn, schedule, or supply reduction has taken place.
HYMET's allocation is always its 20% of distributable fees and does not reduce the creator and holder share.