Fee Structure

NODO vaults use a transparent, performance-based fee model that aligns the interests of users, the protocol, and strategy providers. All fees are enforced on-chain and are clearly visible in the vault’s dashboard.

Performance Fee

• Rate: 5% of realized gains above the High Water Mark (HWM), set individually per vault.

• Trigger: Automatically charged during scheduled rebalancing events (every 1–2 days).

• High Water Mark Protection:

  • Prevents fees on unrealized or historical profits.

  • New deposits raise the baseline to ensure users only pay on actual performance above their entry value.

• Destination:

  • 100% of collected performance fees go to the NODO protocol treasury.

  • Not shared with LPs or operators unless explicitly specified in a future vault’s terms.

Management Fee

• Current Rate: 0%

• Management fees are disabled by default to maintain capital efficiency for depositors.

User Protections & Exit Flexibility

• No Lockups: Users may withdraw funds at any time unless an emergency shutdown is triggered.

• No Withdrawal Fees: Users are never charged fees for exiting the vault.

• Principal Protection via HWM:

  • Depositors never subsidize past gains.

  • Fees only apply to new profits earned beyond their personal entry NAV.