Fees & economics
What you pay, when you pay it, and why.
Fee schedule
| Event | Fee | Paid in |
|---|---|---|
| Launch a coin | 0.001 ZEC | ZEC, from the Zordinals Wallet |
| Buy from the curve | 1% | Deducted from ZEC in |
| Sell into the curve | 1% | Deducted from ZEC out |
| Network transfer | Standard Zcash fee | ZEC |
Where the value sits
Buy-side ZEC is held by the liquidity pool wallet, not by the launcher. Sellers draw from that same reserve, which is why the pool can always quote a price and why the reserve is the real measure of a coin's depth.
- Market cap — spot price times total supply.
- Reserve — the ZEC actually in the pool; what sellers can draw against.
- Volume — the sum of both sides of all trades.
Market cap and reserve are not the same number. On a curve, only a fraction of the notional market cap can ever be realised in ZEC.
No hidden costs
There is no listing fee, no subscription, and no protocol-imposed lockup. The only recurring cost of trading is the 1% fee plus Zcash network fees.