> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hizz.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Trading fees

> How Hizz fees work across snek.fun, routed Cardano trades, and Strike AI Trading agents.

Hizz shows the fee before you submit a trade. The exact behavior depends on
which route your order uses.

## 1. snek.fun direct trades

When a token uses the native snek.fun path, Hizz charges a platform fee.

* Minimum fee: **1 ADA**
* Above **100 ADA**, the fee becomes **1%**
* On **buys**, the fee is based on the ADA you enter
* On **sells**, the fee is based on the ADA you are expected to receive

### Examples

| Trade                        | Platform fee |
| ---------------------------- | ------------ |
| Buy 25 ADA                   | 1 ADA        |
| Buy 100 ADA                  | 1 ADA        |
| Buy 250 ADA                  | 2.5 ADA      |
| Sell for an expected 60 ADA  | 1 ADA        |
| Sell for an expected 250 ADA | 2.5 ADA      |

<Tip>
  On buy orders, Hizz also shows the **Total needed** line so you can see the
  trade amount plus the platform fee before you sign.
</Tip>

## 2. DexHunter-routed trades

For routes that go through DexHunter, route costs are handled inside the quote.
That includes the route's own trading costs and partner fees for the quoted
path.

<Note>
  In other words: you are not asked to send a second manual Hizz transfer on
  top of the final routed quote.
</Note>

## 3. Strike AI Trading agents

Live AI Trading fills have three separate cost lines:

* **Hizz fee** - currently **5 bps (0.05%)** of filled notional
* **Strike fee** - the actual maker or taker fee recorded by Strike for the fill
* **Funding PnL** - a separate periodic cash flow for an open perpetual position

The Hizz fee is charged when an order fills. It is not a percentage of profit,
margin, or the amount displayed as lifetime PnL.

<Card title="PnL and fee accounting" icon="chart-line" href="/ai-trading/pnl-and-fees">
  See the exact lifetime net PnL formula, volume definition, backtest fee
  assumptions, and a worked example.
</Card>

## 4. What the fee line means in the trade widget

The trade widget shows the fee so you can compare routes and size your order
before wallet approval.

* If the token is trading through the direct snek.fun path, the fee line is
  the Hizz platform fee
* If the token is using a routed quote, the fee line is an estimate of the
  route cost already reflected in the quote

## 5. Other costs to expect

The platform fee is not the only number that can affect your final spend.
Depending on the route, you may also see:

* Cardano network fees
* Batcher or routing costs
* Slippage from price movement between quote and submission

These route-specific costs can change with liquidity and network conditions.

<Warning>
  Always read the final wallet approval screen before signing. Hizz is built
  to make the fee visible early, but the signed transaction is still the final
  source of truth.
</Warning>