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

# Fees

Harmonix vaults are designed to be **transparent and user-friendly**:

* **0% entry/withdrawal fee** – deposit and redeem without cost
* **1% management fee** – charged on total assets under management
* **10% performance fee** – applied only on profits earned

Harmonix also implements **BuilderCode**, a **fee-sharing mechanism** that collects a small fee based on trading volume on HyperCore from whitelisted vaults. Fees are calibrated to trading volume, ensuring that **APY and user yields are not affected**.

BuilderCode is already active on **Hype–USDC, KelpDAO, and Hype Vaults**, and **all new vaults are automatically enrolled** in the program.