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Learn / 303B · Actor Inventory & Incentives / 05

303B.5 / CHAPTER 5 OF 6

Token fees vs trading fees

What charges apply to your actual route and exit?

01Definition

A token-specific transfer or buy/sell fee is separate from venue trading fees, creator fee shares, and network costs.

02Why it matters

A quoted 3% token charge can affect delivered units or proceeds even before other execution costs.

03What to check

  • Recipient and whether the charge applies to buys, sells, or transfers
  • Change authority, fee caps, and exemptions
  • Current route quote and actual net amounts after all charges

04Healthy / Dangerous

Healthy

The mechanism, current rate, and executable result are understood.

Dangerous

A headline fee or stated destination replaces verification.

05Beginner mistake

Treating every creator fee as an extra 3% token tax.

06Takeaway

Read the mechanism and count each cost once.

ILLUSTRATIVE · NOT A LIVE TOKEN

See the idea

  1. 01

    An illustrative transfer charges 3% on 1,000 units.

  2. 02

    Ignoring caps and rounding, 30 units are charged and 970 delivered.

  3. 03

    A swap may have additional charges; verify the executable quote.

Trace it externally

Inspect the exact token program or contract and current route. Meme Fast does not verify transfer taxes, recipient authority, or all-in exit costs.

Go deeper

Token fees can route value to a team, treasury, marketing, liquidity, burns, rewards, or another recipient; verify what actually happens. Implementation differs by chain and token program. A fee may change, be capped, or exempt certain paths. Creator shares may come from the venue fee rather than adding another charge. Actual fill records already include execution effects; do not deduct those effects twice in P&L.

Uniswap: token fees ↗

Solana: transfer fees and authorities ↗

Need the basics? Revisit 101A →