> For the complete documentation index, see [llms.txt](https://docs.baifund.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.baifund.io/products-and-features/trading-fees.md).

# Trading Fees

* **1% Tax on Trades:** A 1% tax on all agent token transactions helps bootstrap agent financial resources (e.g., inference, GPU usage).

* **Fee Allocation (Pre-Graduation):** 1% tax is directed to the protocol treasury.