Fees

There are three kinds of cost when you use Pecun. You always see Pecun's fee before you confirm.

Who charges what

Pecun's fee

A small fee on each deposit and each withdrawal. It's shown before you confirm and paid as part of the transaction.

Network fees

Currently paid by Pecun on your behalf. If that ever changes, any network fee will be shown before you confirm.

Protocol fees

Set by each protocol, not by Pecun: performance, management, deposit, withdrawal or unstaking fees. Shown on the vault page where the protocol reports them.

Swaps and routing

When a deposit or withdrawal needs a swap, routers may charge a fee and prices can move (slippage). The quote is shown before you confirm.

Performance fees and APY

Many vaults keep a share of what they earn as a performance fee. Pecun shows the APY after that fee, so the number you compare is close to what you actually earn.