Fees, split where the work is
A market charges 0.45% of traded notional at the baseline — about 0.55% at 25× once the leverage premium is added — split per market, so every party earns only on the volume they serve. Makers (LPs) pay 0%. Every slice has an address. Team: 0%.
Baseline 0.45% = LP 0.25% + oracle 0.05% + burn 0.05% + protocol 0.10% (all always-on). A leverage premium of 0.04% per 10× adds on top — ~0.55% at 25×, ~0.85% at 100× — split 60% treasury / 40% burn.
| Slice | Share | Who / what |
|---|---|---|
| Liquidity providers | 0.25% | Of the market they back, pro-rata by shares — plus the house edge. Makers never pay a fee. |
| Oracle-node runners | 0.05% | Of the market whose oracle they run, split across the node quorum. |
| $ROLLA buyback & burn | 0.05% | Buys $ROLLA on-market and burns it — the token accrues on every trade. |
| Protocol & governance | 0.10% | To the protocol treasury — funds development, security, audits and $ROLLA governance. |
| Leverage premium | +0.04% / 10× | 0.04% per 10× — 2× barely notices, 100× → +0.40%. Split 60% treasury / 40% burn. |
| Market creation | on-chain | A flat on-chain fee to create a market → treasury (anti-spam + revenue). |
| Pro subscription | off-chain | An off-chain Pro subscription for reduced fees, higher leverage and analytics. |
| Team | 0.00% | No allocation. |
| Total | 0.45% → 0.85% | Baseline → 100× (leverage premium). |
The money is in the leverage
IBKR and Robinhood barely charge commission — they earn on margin. Our analog is the leverage premium: a high-leverage position uses more of the house's capital, so it pays for it (2× barely notices, 100× pays +0.40%). It splits 60% to the treasury and 40% into the $ROLLA burn — so the protocol and the token both scale with leverage, while low-leverage traders stay cheap.
Why split it this way?
Incentives are local. LPs earn only on the market they back; oracle-node runners only on the market whose oracle they run. The burn is always on — every trade buys $ROLLA and burns it. The protocol & governance slice funds the shared stack — verifiers, security, audits — and governance. Market-creation fees (on-chain) and a Pro subscription (off-chain) diversify revenue beyond volume.
Liquidity providers earn the most
LP is the largest slice by design — liquidity is the product. Depositing into a market's pool is both renting a fee stream and taking the other side for the house edge. See Farm.
A single trade, traced end to end
The trader made money and still paid into every slice — winners fund it too. A player's headline stat is not their P&L, it is lifetime fees contributed.