> For the complete documentation index, see [llms.txt](https://docs.feel.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.feel.cash/economics/creator-fees.md).

# Creator Fees

See how Creator Fees work on Feel.cash, how they settle into Cash, and how choosing holder rewards changes who receives the fee allocation.

**Creator fees, settled in Cash.**

For the standard creator-recipient configuration, creators receive **85 basis points — 0.85% — of completed buy and sell volume that pays the market fee**. This page describes the default USDC payout flow.

When the **Who earns them** switch is available at launch, select **Me** for Creator Fees or **Holders** to direct the entire 0.85% share of trading volume to eligible holders instead. In holder mode, the creator receives **no Creator Fees**. A creator who holds the coin can still earn as a holder under the same eligibility rules. The supported payout asset is a separate choice; stock payouts to holders are [Holder Stock Rewards](/stocks/holder-stock-rewards.md). [IPOD](/stocks/holder-stock-rewards.md#showcase-ipod) has a specific transitional exception that combines a separate creator payment with Holder Stock Rewards; it does not use the standard creator-only split below.

| Creator Fee    |                                            Value |
| -------------- | -----------------------------------------------: |
| Effective rate |                                           85 bps |
| Percentage     |                                            0.85% |
| Applies to     | Completed buys and sells that pay the market fee |
| Creator payout |                             100% in USDC on Base |

For example, $10,000 of completed combined buy and sell volume produces $85 in Creator Fees. The share comes from the coin's trading fee; Feel.cash does not add another creator charge on top. Reverted transactions and expired or cancelled quotes produce no volume or fees.

## From Every Pair to USDC

Feel.cash handles the settlement flow:

1. Trading fees accrue in the assets used by the pool.
2. Feel.cash collects the creator's share from both sides of the pair: the launched coin and its paired asset.
3. Those assets are converted to USDC.
4. The creator receives **100% of their 85 bps share in USDC on Base**.

The paired asset can be a native market asset or a supported tokenized stock pairing. The same flow applies when the market is on Robinhood Chain. Creators do not need to collect either asset, swap it, bridge it, or manage settlement themselves.

## Automatic settlement and claim

The system targets a daily settlement cadence when balances, route minimums, and chain conditions allow it. Creators can also claim an eligible available balance from the product.

Small balances may remain pending until they are economical to route. They continue to accrue rather than disappearing.

### Creator Fees for IPOD pairings

The standard USDC flow above does not apply to [IPOD-paired coins](/launch/ipod-pairings.md). Their creator allocation is 0.5% of standard fee-paying volume and is paid in IPOD. The other 0.5% funds IPOD buybacks.

## Balance states

* **Accrued:** estimated fees produced by trading.
* **Available:** collected and eligible for settlement or claim.
* **Pending:** waiting for or moving through conversion and settlement.
* **Claimed:** USDC transferred to the creator on Base.

Only the final USDC transfer is a settled payout. Estimates can lag or change while source assets are collected and converted.

Creator Fees depend on real trading activity and are never guaranteed income.