> ## Documentation Index
> Fetch the complete documentation index at: https://docs.melt.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Protocol Economics

> Fee structure for Smart Buy/Sell, Direct Mint/Redeem, and trading

## Fee Structure

### Cross-Chain Liquidity Fee (Smart Buy & Sell)

| Parameter  | Value                                           |
| ---------- | ----------------------------------------------- |
| Rate       | 0.30% flat                                      |
| Applies to | Inbound and outbound                            |
| Covers     | Bridging costs, routing logic, gas, convenience |

The 0.30% fee is an all-in rate that is frequently lower than the cumulative slippage and gas fees a user would incur performing the bridge, swap, and transfer manually.

### Direct Mint/Redeem Fee

| Parameter  | Value                                      |
| ---------- | ------------------------------------------ |
| Rate       | 0.30% (30 bps)                             |
| Applies to | Minting and redeeming                      |
| Covers     | Custody bridge maintenance, RWA compliance |

### Trading Execution

| Parameter   | Value                                      |
| ----------- | ------------------------------------------ |
| Melt markup | **Zero**                                   |
| User pays   | Standard Hyperliquid maker/taker fees only |

Melt is an infrastructure provider, not an exchange intermediary. No additional protocol charges apply to trading volume.