Trading fees on Orca
When a swap uses an Orca pool, a percentage of the input token is collected as a trading fee. The exact fee depends on the pool, or pools, used for the swap and the fee structure of each pool. Orca supports two pool fee structures:- Fixed Fee Pools — The pool uses a fixed fee rate.
- Adaptive Fee Pools — The pool uses a base fee rate, and the effective fee may increase based on volatility or price movement.
Fees are shown before you submit a swap. Review the quoted output, route source, price impact, slippage setting, and fees before confirming.
Fee distribution
The trading fee is deducted from the input token. Input token: The token supplied by the trader at the start of the swap. For example, in a SOL → USDC swap, SOL is the input token, and the trading fee is deducted from the SOL amount. The trading fee is distributed among liquidity providers, the Protocol Treasury, and the Climate Fund. The current distribution is:- 87% to liquidity providers
- 12% to the Protocol Treasury, subdivided as follows:
- 50% to the initial development team, supporting ongoing operations and development
- 10% to the Orca DAO Fee Treasury
- 40% used programmatically to buy ORCA for the xORCA pool
- 1% to the Climate Fund
Fee distribution applies to the trading fee collected by the pool. Fee accrual for an individual liquidity provider depends on active liquidity, pool activity, position range, and pool conditions.
Fee rates and fee tiers
When a new pool is created, the pool creator selects the fee tier. In a CLMM, or concentrated liquidity market maker, the fee tier defines the base percentage of the swap amount collected as a trading fee. Each fee tier is associated with a specific tick spacing. For fixed-fee pools, the fee paid by the trader matches the selected fee tier. For Adaptive Fee Pools, the selected fee tier acts as the base fee. The effective fee may increase dynamically based on volatility or price movement. The fee split remains the same: 87% to liquidity providers, 12% to the Protocol Treasury, and 1% to the Climate Fund.Solana fee tiers
¹ For fixed-fee pools, the trader fee matches the fee tier percentage. For Adaptive Fee Pools, the fee tier is the base fee and the effective fee may be higher.
Multi-hop swaps
Some swaps use more than one pool. For example, a SOL → USDT → ETH route uses two swap steps:- SOL → USDT
- USDT → ETH
Related resources
- Adaptive Fee Pools - Learn how adaptive fees work
- Ticks and Fee Tiers - Learn how ticks, tick spacing, and fee tiers relate
- Understanding Slippage - Learn how slippage settings affect swaps
