Fee Structure

Locked Yield fees are designed to be predictable, proportional, and transparent.

What You Pay

Locked Yield positions may incur the following fees:

1. Fixed Rate Spread

The fixed APR you receive (or pay) already includes:

  • Market pricing

  • Execution costs

  • Protocol margin

There is no separate “rate fee” What you see is what you get.

2. Position Opening Fee

An annualised 0.1% one-time fee is applied when a position is opened based on the term.

This covers:

  • Execution

  • Hedging setup

  • On-chain settlement costs

It is charged upfront and does not change over time.

3. Early Exit Cost (If Applicable)

If you exit a Locked Yield position before maturity:

  • The position is settled at market value

  • The difference from the locked APR is your realized cost or gain

This is not a penalty—it reflects real market pricing at exit.

What You Do Not Pay

Locked Yield does not charge:

  • Floating interest adjustments

  • Utilization-based penalties

  • Hidden rollover fees

  • Incentive clawbacks

Your cost profile is stable by design.

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