> For the complete documentation index, see [llms.txt](https://docs.meridian.money/meridian-protocol-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.meridian.money/meridian-protocol-documentation/amm/swap-fees.md). # Swap Fees **Swap Fees** In line with standard capital market practices, liquidity providers on the Meridian platform earn fees when users trade against their supplied liquidity. Fees are collected in the swapped token. For instance, in a pool of Meridian's governance token (MDN) and Move Dollar (MOD), a user swapping MOD for MDN results in liquidity providers receiving a portion of the input token, MOD. Meridian LP tokens automatically accrue these fees, representing fractional ownership of the pool. The fee structure is set by the pool creator and customizable across different asset pool types. The default swap fees are as following: * Weighted Pools: 0.15% * Concentrated Liquidity Pools: 0.03% * Stable Pools: 0.05% Protocol fees are set at 50%, with the other 50% directly accruing to liquidity providers. For example, a 1.00% fee pool would effectively allocate 0.50% of swap volume to liquidity providers and the protocol treasury, respectively --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.meridian.money/meridian-protocol-documentation/amm/swap-fees.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.