Fees
Every cost a trade can carry, and who receives it.
- Version
- 1.0
- Effective
- Draft — not yet effective
- Last updated
- September 23, 2026
Where fees are shown
Current fee information is displayed directly in the trade interface before execution, as Swap fee in the quote details. The figure shown is the total fee rate for that specific quote.
Swap fee
The execution provider's published schedule for its platform fee:
| Token pair | Fee |
|---|---|
| Pegged assets (stable–stable, LST–LST) | 0 bps |
| SOL–stablecoin | 2 bps (0.02%) |
| LST–stablecoin | 5 bps (0.05%) |
| Everything else — including most RWA pairs | 10 bps (0.10%) |
| Tokens less than 24 hours old | 50 bps (0.50%) |
When a trade is gasless, the displayed fee can be higher because it includes recovery of the sponsored network cost.
Network fees (Solana)
- Signature fee — the base Solana transaction fee.
- Priority fee — set by the execution provider for current network conditions.
- Account rent — a refundable SOL deposit when a new token account must be created to receive an asset for the first time.
Network costs are shown as “Network fee” and “Account rent”. Some quotes are gasless: the execution provider or an RFQ market maker pays the network fee, shown as “Covered”.
Issuer-related fees
Certain products carry fees defined by their issuer. These are not RwaMarkets fees. For example, Tessera T-Tokens use a Token-2022 transfer fee of 0.2% on transfers from the holder's wallet, including sells; this is shown on the relevant asset pages. Fund-level expenses of an underlying ETF are borne within the fund. Always consult the issuer's documentation, linked from each asset page.
Tessera fee documentation ↗