Locked Yield fees are designed to be predictable, proportional, and transparent.
Locked Yield positions may incur the following fees:
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.
An annualised 0.1% 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.
If you exit a Locked Yield position before maturity:
The position is settled at market value
All swaps and other instruments that were used to back the position are closed
If you are depositor you exit with 0% interest
If you are borrower ?
More information is provided on Early Exit page.
Locked Yield does not charge:
Floating interest adjustments
Utilization-based penalties
Hidden rollover fees
Incentive clawbacks
Your cost profile is stable by design.
Last updated 1 month ago
