Fees

Liminal operates with a simple, transparent fee model. Fees apply only to performance, execution, and cross-chain interactions.

In summary:

• Customized: 10% performance fees on gross funding & 1bp builder fees.

• Tokenized: 10% performance fees on profits and 0% management fees.

Customized product: Performance & Builder Fees

• Performance Fee: 10% on gross funding profits, charged only when your strategy is profitable after execution costs (trading fees, spreads, etc.).

• Builder Fee: 1 basis point per transaction, covering operational overhead.

Deposit & Withdrawal Fees

Deposits and withdrawals for Liminal Customized (on Hyperliquid and Arbitrum) are free of protocol fees. Cross-chain deposits and withdrawals via deBridge, from Ethereum, Base, HyperEVM, or BNB Chain, incur a fixed 0.04% deBridge fee and a 0.02% Liminal fee.

Trading & Execution Costs on Hyperliquid

All execution (funding optimization, rebalancing, etc.) for Liminal Customized strategies is handled automatically by Liminal’s engine. All strategies run on Hyperliquid and follow its native fee structure:

• Based on 14-day trading volume and tier.

• Taker fees typically range from 0.045% (base) to 0.024% (high-volume).

• Maker rebates apply for large maker volumes.

• These fees are paid directly to Hyperliquid, not to Liminal.