# Fees

Source: https://docs.mog.xyz/trading/fees/

Markdown: https://docs.mog.xyz/trading/fees.md

Reviewed protocol version: 6.0.1

Protocol review date: 2026-09-18

Scope: reviewed public documentation. Numerical examples use illustrative or launch settings; they are not live quotes or a guarantee of current deployed parameters. Consult the app for current market and position values.

Mog has two fees at launch. Placing an order costs a flat **open fee of 0.50 USDG**. A winning close pays **5% of settled profit**. Adding margin and funding fees are zero.

## The open fee

Every order pays the open fee when you place it. It is not collateral: it does not change with your margin or leverage, and a scale order pays one fee per entry. Your available balance must cover the margin plus the fee.

Mog holds the fee with the order. When the order resolves — it fills, you cancel it, or it expires unfilled — the fee pays for protocol operations. Mog returns the fee only if a pause or a delisting voids the order.

Governance can change the open fee through the timelock, up to 5 USDG.

## The profit fee

On a winning close, Mog calculates profit using the [close curve](https://docs.mog.xyz/trading/pnl-and-closing/), then deducts the fee. At the payout price, the fee applies to the full profit cap.

The app's **Max profit** already deducts this fee from the profit cap. Your remaining cash margin returns to your balance. A losing close has no profit fee. Your fee rate is fixed when the position fills.

## What the fees fund

At launch, 70% of profit fees is allocated to MOG buybacks and 30% to protocol operations. Trader payouts take priority over paying these allocations. Open fees pay protocol operations directly when the order resolves. See [Buybacks and burns](https://docs.mog.xyz/mog/buybacks-and-burns/).

Only profit fees count toward [halving milestones](https://docs.mog.xyz/mog/supply-and-halvings/).

Network transaction costs are separate.