Fees

Pool Swap Fees

Spectra pools charge swap fees on iBT/PT trades. Under the fee model established by SGP-6, the allocation for pools with a gauge is:

• 60% to the Spectra DAO treasury, replacing the share previously distributed to veSPECTRA voters under SGP-19.
• 20% to LPs through their LP position.
• 20% to Curve DAO, converted to ETH for distribution under SGP-6.

For pools without a gauge, SGP-6 allocates the share otherwise intended for voters to LPs. The SGP-19 clarification keeps the LP fee share unchanged, whether or not a pool has a gauge.

SGP-19 targets a 50/50 split between ETH and USDC within the treasury allocation. These fees are not direct rewards currently paid to lockers.

The LP fee share remains in place under SGP-20. The emissions pause does not stop trading fees or the underlying yield of LP positions. See the current emissions status.

Yield Fees

Spectra takes a 3% fee on all yield accrued by YT, including points. Points are considered to be yield, and protocols integrated on Spectra should deduct the 3% fee when distributing points to user wallets. The deducted points are re-allocated to the following address:

Spectra DAO (Multichain): 0xe59d75C87ED608E4f5F22c9f9AFFb7b6fd02cc7C

This fee is being collected by the Spectra DAO treasury for later redistribution.