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πŸ’° Protocol Fee

Fume charges a protocol fee, also known as the "Fume Fee", for using its on-chain fund administration platform. By default, a fee of up to 0.1% applies to...

Fume charges a protocol fee, also known as the "Fume Fee", for using its on-chain fund administration platform. By default, a fee of up to 0.1% (10 basis points) applies to each subscription and redemption flow. The fee is charged on capital moving in or out of the fund β€” Fume takes no cut of assets under management and charges no management or performance fee.

The fee rates are written into the fund's smart contract at deployment and cannot be changed afterwards. Individual agreements can set a different rate, including zero, so not every fund pays the default.

On top of the protocol fee, the Fume Platform plan costs a flat $179 per month. Checkout is self-serve in the app β€” no sales call required.