Economics

Fees and exact splits

Exactly 1% on every buy and sell, in the stock, before and after graduation. Where each cent goes.

The headline

Traders pay 1.00% on every buy and every sell. The fee is charged in the quote stock: on a buy it comes off the stock you pay in, on a sell it comes off the stock you receive. owned does not add anything on top and takes no cut.

The table is computed from the same code the app uses, so it cannot drift from the product.

On the bonding curve

The DBC config for every owned coin sets a flat base fee of 100 basis points (cliff_fee_numerator = 10,000,000 over a denominator of 1,000,000,000) with no dynamic fee and collect_fee_mode = QuoteToken. Meteora's protocol takes 20% of every trading fee; the remaining 80% is split between creator and partner by creator_trading_fee_percentage:

• Holders mode: creator_trading_fee_percentage = 0. The full 80% accrues as the partner fee, and the partner's fee claimer is the own program's treasury PDA. The treasury can only release funds to holder claims.
• Creator mode: creator_trading_fee_percentage = 100. The full 80% accrues as the creator fee, claimable only by the creator's wallet.

Fees accrue on the pool account as swaps happen (partner_quote_fee or creator_quote_fee) and are claimed later; claiming never changes the amounts traders paid.

After graduation

The config's migration option is DAMM v2 with the customizable migrated-pool fee set to 100 bps, quote-only collection and no dynamic fee. DAMM v2 splits fees the same way: 20% protocol, 80% to liquidity. All of the migrated liquidity sits in a single permanently locked position owned by the treasury (Holders mode) or the creator (Creator mode), so the 80% flows to the same recipient as before.

One nuance: DAMM v2 pools are open. If a third party adds liquidity to a graduated pool, the 80% is shared across all positions in proportion to their liquidity. The locked launch position is by far the largest at graduation, and the share it earns is visible on the token page.

One-time costs that are not fees

• Graduation: Meteora applies a fixed 0.2% protocol liquidity migration fee to the base and quote amounts entering the DAMM v2 pool. It is taken from the pool, not from any trader.
• Launch rent: the creator pays roughly 0.03 SOL in Solana rent for the mint, the pool, the vaults and the metadata.
• Claim account: the first time a holder claims rewards for a coin, a small claim-status account (about 0.0016 SOL) is created in their name.
• Network fees: normal Solana transaction and priority fees apply to every transaction.

What is the Jupiter leg

When you pay with SOL or USDC, the swap into the stock goes through Jupiter and the pools it routes through charge their own fees (typically 0.01% to 0.3%). owned shows that leg's output and slippage in the trade panel. It is not an owned fee and does not exist when you pay with the stock directly.

Referrals

owned passes no referral account on swaps, so none of Meteora's 20% is redirected to owned or anyone else.