# Fee Structure

* **Spot Trades**: The bot charges a low 0.2% fee for covering spot trades on the HyperLiquid network.
* **Perpetual Trades**: A slightly higher 0.3% fee is applied to perpetual trades, to maintaining premium service and execution quality.
* **Fee Allocation**: All fees are collected in USDC and split 50/50 between the HyperQuant treasury and $HQ token stakers, distributed every 7 days.
* **Treasury Allocation**: Half of the treasury’s allocation (25% of total) is used to buy back HQ tokens, with the other half covering infrastructure, general expenses, and development.


---

# Agent Instructions: 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:

```
GET https://hyperquant.gitbook.io/hyperquant/hyperquant-telegram-bot/fee-structure.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
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.