Fees

The split

You pick the fee at launch: 1% by default, from 0.01% to 10%.

HookFun's 20%, and every fee the $HOOK pool earns, go to buying back and burning $HOOK. The running total is on the Stats page.

Rules can add to a trade's fee (an exit tax, an anti-flip penalty, a swell fee). Those extras are paid to your launch and split the same way. A King of the hill cut goes to the king. See Trading rules.

Paid in the pair asset, never in your coin

The fee is taken on the pair asset side of each trade: on what a buyer pays, or on what a seller gets back. So your 80% arrives in ETH, USDC or NVDAc, depending on your pair.

• The protocol never sells your coin on its chart to pay fees.
• Nobody else can earn your pool's fees by adding liquidity.
• Your dev buy pays the fee too, and 80% of it comes straight back to you.

On a coin paired with a stock, the fee is paid in the stock itself (NVDAc, …). Hold it, or sell it for ETH on its market. See Stocks.

Your 80% is fixed at launch

Your share is written into your launch when it happens. If HookFun ever changes the default split, it only applies to later launches. What your coin earns can't be cut after the fact.

Three ways to use your share

You pick one at launch and can switch later from your coin's page. Except holder rewards: that choice is final.

Keep it

Paid to your wallet, or to any address you choose (a multisig, a treasury…). Only you can change where it goes.

Buyback and burn

Your share buys your own coin in its pool and burns it, every time fees are collected. Price goes up, supply goes down. Each buyback is capped to a small price move so it can't be sandwiched. Whatever the cap holds back rolls into the next buyback.

Reward your holders

Your share goes to your coin's holders, in the pair asset: a coin paired with ETH pays its holders in ETH. Every few hours, a distributor pays each holder in proportion to what they held over the whole period. Buying right before a payout and selling right after earns nothing. The pot and every payout are public on your coin's page.

This choice is final. Once your share is promised to holders, you can't take it back.

Getting paid

Fees build up with every trade. Collect them from your Profile: one button per coin. Collecting is permissionless: anyone can trigger it, and the money can only go to the right places, your share to you (or your recipient) and HookFun's to HookFun. If a payment fails, it waits for you as a balance to claim from the same page.

If you held the crown on a coin with King of the hill, your cut is on your Profile too, ready to claim.