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Trading Terminal
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How trading fees flow, what market creators earn, and how winnings and refunds are paid.
What is the total trading fee?
Current launch setting is 2.0% of gross trade size.
Where does that fee go?
It is split across creator, platform, stakers, and in classic markets a resolution pool.
What does the creator earn?
Standard launch markets pay the creator 25% of the fee, equal to 0.5% of gross trade size.
How are creator fees paid out?
They accrue after activation and are claimed from the Positions page.
Are there other claim types?
Yes. Bonded-resolution rewards and cancelled-bond refunds are a separate claim path.
Fees apply on buys and sells. The current launch setting on BasedAI mainnet is a 2.0% trading fee on gross trade size.
Simple mental model
Think of the 2.0% fee as protocol routing that happens first. The rest of your trade then interacts with the CPMM curve.
Standard launch markets split the fee differently for classic and perpetual markets. The creator share is the same in both.
Total fee stays 2.0%. Split is 25% creator / 25% platform / 40% stakers / 10% resolution.
Creator
25% of fee
0.50% of trade size
Accrues to the market creator as claimable creator fees.
Platform
25% of fee
0.50% of trade size
Routes to the KEKTECH platform treasury.
Stakers
40% of fee
0.80% of trade size
Funds staking rewards.
Resolution
10% of fee
0.20% of trade size
Funds resolution-side rewards on classic markets.
Total fee stays 2.0%. Split is 25% creator / 25% platform / 50% stakers / 0% resolution.
Creator
25% of fee
0.50% of trade size
Accrues to the market creator as claimable creator fees.
Platform
25% of fee
0.50% of trade size
Routes to the KEKTECH platform treasury.
Stakers
50% of fee
1.00% of trade size
Funds staking rewards on perpetual markets.
Resolution
0% of fee
0.00% of trade size
Perpetual markets do not allocate a separate resolution slice.
Example for a 100 WBASED trade in a classic market: 2.0 WBASED total fee, split into 0.5 creator, 0.5 platform, 0.8 stakers, and 0.2 resolution.
If you create a market, you earn the creator slice of trading fees after the market goes ACTIVE. Under the current launch setting, that is 25% of every market fee, equal to 0.5% of gross trade size.
Example
If another trader places a 420 WBASED trade in your standard market, the total fee is 8.4 WBASED and your creator share is 2.1 WBASED.
The creator bet becomes the first trade when the market is activated. Current launch policy applies the same 2.0% trading fee to that trade unless a future market-specific override is introduced.
Stated another way: the creator bet pays the normal trade fee up front, then the creator's fee share becomes claimable like any other creator fee balance.
Creator fees are not auto-sent to your wallet. They build up as a pending creator fee balance for that market until you claim them.
Current product flow
Open the live claim surface here: Positions.
Pending creator fees that are never claimed can be swept after 90 days, so creators should claim them regularly.
KEKTECH shows both a price-aligned number and a settlement-shape number.
How to read them
Full-value equivalent converts your trade into standard fixed-claim CPM intuition. Pool payout if wins now answers a different question: what your position would claim if the market finalized immediately after your trade.
When a market finalizes, winners claim WBASED based on their share of winning shares at the snapshot. Claims are proportional, not fixed per share.
Refund states
If a market is canceled or resolves with no winner, refunds are paid proportionally across all shares.
There is currently no separate claim fee on winnings or refunds.
Some users can also have separate resolution-side claims that do not come from holding winning market shares. These are shown in the Resolution Claims section on the Positions page.
The timing side of this flow is covered in Timing & Resolution.
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