> For the complete documentation index, see [llms.txt](https://docs.therwax.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.therwax.com/protocol-revenue.md).

# Protocol Revenue

## **Fee Collection**

The platform generates revenue through fees charged for its usage. These fees take various forms, including:

* **Position fee for perpetual trading**
* **Liquidation fee**
* **Dynamic borrowing fee** (interest rate for leveraged/perpetual trading)
* **Swap fee**
* **LP minting and burning fee (Pools)**

### **Fee Distribution**

Revenue is distributed from fees collected on the platform. These fees are routed as follows:

* LP Fees = 45%
* Buyback & Burn = 40%
* Reserved for Development = 15%