# Protocol Fees #### **Launch and Trading Fees** * Launching Fee * 0.03 AVAX (or 1 PEARL) listing fee * Trading Fee * 1% fee for each trades, collected in AVAX(or PEARL) #### Liquidity fee * When the project reaches 100% of the Bonding Curve, the smart contract will automatically add approximately 272.5 AVAX(or 10,900 PEARL) and the remaining 200 million tokens to the AquaSpace V2 liquidity pool. * Additionally, the smart contract will deduct around 20.5 AVAX (or 820 PEARL) from the Bonding Curve to cover the liquidity addition fee. #### Periphery Fees * Swap Fee for V2 liquidity pools are 0.5%. * All fee revenues from the DEX after migration, excluding the earnings taken by liquidity providers, will be used for the buyback of SHELL tokens. The policies above are subject to change at the discretion of the operating team. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://pumpspace.gitbook.io/docs/en/pumpspace/protocol-fees.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.