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  1. How Cega Works

Protocol Fees

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Last updated 6 months ago

Cega collects a 15% performance fee on profits (not deposits) only if the vault makes money for investors upon trade expiry. Additionally, a 2% per annum management fee is collected and charged on a pro-rated basis per vault expiry (calculation as follows: 2% * total days in vault life from vault deposit start to vault expiry / 365).

However, certain vaults have different fee structures:

  • and vaults have a 0.75% per annum management fee and a 5% performance fee on profits (not deposits) if the vault makes money upon trade expiry.

  • The following legacy products, while no longer active for new deposits, maintain the same 0.75% management fee and 5% performance fee on profits (not deposits) for users who still hold them:

    • Starboard

    • Genesis Basket

    • Autopilot

All other products retain the standard 2% management fee and 15% performance fee on profits (not deposits).

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