Fees

Protocol fees charged by Spline

Spline charges a protocol fee as a percentage of the accumulated swap fees on the Ekubo pools we manage. The breakdown of collected pool swap fees is as follows:

• 50% of the Ekubo fees to users that LP through Spline, auto-compounded back into the pool as additional liquidity

• 50% of the Ekubo fees to Spline governance as a protocol fee transferred on fee compound

Each pool we manage has set Ekubo swap fee rates on pool creation. This fee rate is also charged by Ekubo when removing liquidity given their withdrawal fee mechanism. Ekubo receives the proceeds of the withdrawal fee, not Spline.