Fee Structure

HyperQuote charges transparent, on-chain fees on every filled trade. There are no hidden fees, subscription costs, or off-chain deductions. Every fee parameter is readable directly from the deployed smart contracts and displayed to users in the quote comparison UI before execution.

Spot RFQ Fees

The spot RFQ settlement contract charges a protocol fee denominated in basis points (bps) via the feePips parameter. This fee is deducted from the output token amount at the time of settlement.

Parameter	Value	Description
`feePips`	250 bps (default)	Protocol fee on spot RFQ fills
Denomination	Basis points (1 bps = 0.01%)	250 bps = 2.50%
Deducted from	`amountOut` (output token)	Taker receives `amountOut - fee`
Visibility	On-chain, readable from contract	`RFQSettlement.feePips()`

The feePips value is set by the contract admin at deployment and can be adjusted. Makers should always read the current feePips from the contract when pricing quotes, since the fee directly reduces the taker’s net received amount.

The fee is deducted from the output side of the trade. If a taker is buying HYPE with USDC, the fee is taken from the HYPE amount received. The taker’s input amount is transferred in full.

Fee Calculation Example (Spot)

A taker requests to swap 10,000 USDC for HYPE. A maker quotes amountOut = 500 HYPE.


feePips     = 250
fee         = amountOut * feePips / 10000
            = 500 * 250 / 10000
            = 12.5 HYPE

takerReceives = 500 - 12.5 = 487.5 HYPE

The taker sends 10,000 USDC and receives 487.5 HYPE. The 12.5 HYPE protocol fee is retained by the settlement contract.

Fee Visibility

The HyperQuote UI displays all applicable fees before a taker confirms execution:

Quote comparison panel — Each maker quote shows the gross amount, fee deduction, and net amount the taker will receive.
Venue comparison — When comparing RFQ quotes against AMM or HyperCore venues, the displayed rates are net of all fees on both sides, enabling fair comparison.
Transaction confirmation — The final confirmation dialog shows the exact fee amount and net execution.

Fees are enforced by the smart contract at settlement time. The values shown in the UI are computed from the same on-chain parameters. There is no way for the protocol to charge a different fee than what the contract specifies.

No Hidden Fees

HyperQuote does not charge:

Gas subsidies — Users pay their own HyperEVM gas fees (typically fractions of a cent).
Relay fees — The off-chain relay does not charge for broadcasting RFQs or forwarding quotes.
Withdrawal fees — There are no fees for approving or revoking token allowances.
Subscription or access fees — The protocol is permissionless. Anyone can request quotes or register as a maker.

Maker Fees — How makers should account for protocol fees when pricing
Taker Fees — How takers see fees in the quote comparison flow