What it costs

Every charge on a DeVOLT position, named. What DeVOLT takes, what the lender takes, what the market takes, and which of them you can see before you sign.

Opening a leveraged position is a single transaction that borrows, buys, deposits and repays. Each of those steps can carry a cost, and they are charged by different parties: DeVOLT, the lender who funds the loan, and the market you trade against. They are listed separately here because they behave differently: one is fixed, one depends on where the money is borrowed, and one depends on how deep the market is on the day.

The whole list

DeVOLT fee: 0.05% of the collateral the transaction buys. Charged by DeVOLT, on every open and on every close that involves a swap.
flash loan: Free on the lenders that charge nothing, which include Morpho Blue, Balancer V2 and Uniswap v4. Aave v3 charges its own premium, and it is charged by Aave, not by DeVOLT. The Execution Plan names the lender and what it charges at your size, in dollars.
the swap: Whatever the winning route quotes, plus the gap between the quoted price and the filled one. Paid to the market, not to anybody in particular.
gas: What the chain itself charges to run the transaction. The whole open is a single transaction, so you pay for one, at whatever the chain costs at the time.
vault performance: 15% of the profit a Strategy Vault makes. Nothing is taken from the deposit itself, and nothing is taken when there is no profit.

What DeVOLT charges

Your own deposit

Goes into the position untouched. Nothing is taken from it, on the way in or on the way out.

The collateral the swap buys

joins your deposit in the positionthe DeVOLT fee

The fee is 0.05% of what the swap produced, measured by the contract inside the same transaction and recorded on the chain as an event anybody can read. It lands only here, on the collateral the leverage bought.

The widths are not proportions. The fee is a fraction of a percent of what the swap buys, which is thinner than the line around it if it is drawn honestly, so it is drawn readable instead and said plainly here. What the figure does claim exactly is which pot it comes out of.

DeVOLT takes 0.05% of the collateral that the transaction buys for you. The swap runs, the contract measures exactly what came back, keeps that share of it, and deposits the rest into the lending market as your position.

It is taken from what the swap produces, not from your own deposit. Your deposit goes into the position untouched; the fee lands only on the extra collateral the leverage bought. And it is taken inside the same transaction, by the contract, and recorded on the chain as an event that anybody can read. There is no invoice and nothing to pay later.

The rate can be changed, and the limit on that is written into the contract rather than promised in a document: it can never exceed 1%, because the contract rejects any attempt to set it higher. A change is a public transaction on a public contract, so it is visible when it happens.

The flash loan

The loan that funds the open is repaid inside the same transaction, and most lenders charge nothing for that. Morpho Blue is free by design, and so are Uniswap v4, Balancer V3 and PancakeSwap Infinity. Balancer V2 and SparkLend charge nothing today, at a setting their own governance controls. Aave v3 charges a premium.

Today each chain’s helper borrows from one lender the owner set, so a chain set to Aave v3 pays its premium even where a free lender holds enough; the Execution Plan says so, and lists the free lenders beside it. With engine v3 the lender is chosen for each transaction, and a premium is paid only when no free lender holds enough at your size. See Flash lenders for how the choice is made.

The DeVOLT fee

charged by DeVOLT

Taken from the collateral the swap buys, never from your own deposit.

Paid in the collateral token, inside the same transaction, and recorded on the chain.

Capped by the contract, which refuses any value above its own ceiling.

The flash loan premium

charged by the lender

Paid back to the lender that funded the open, in the token that was borrowed.

Free on the lenders that charge nothing; charged by a chain set to a paid lender, or with engine v3 only when no free lender holds enough.

Nothing to do with DeVOLT, which never receives it.

They happen to be quoted at the same rate, which makes them easy to read as a single charge counted again. They are charged by different parties, they land in different tokens, and they sit on different legs of the loop.

The swap, and why it is not a fixed number

Turning the borrowed token into collateral means trading it, and a trade moves the price against you by an amount that depends on how much you are trading and how deep the market is that day. DeVOLT races every aggregator it has a route for and takes the best fill, which makes this cost as small as the market allows, but it cannot make it fixed, and no honest figure can be printed here in advance. The panel shows the quote you would actually get, at the size you actually entered, before you sign.

Strategy Vaults

A Strategy Vault takes 15% of the profit it makes, and nothing else. There is no deposit charge, no withdrawal charge, and no annual charge on the balance: if the vault does not earn, it does not take. The leverage inside a vault still pays the costs above, because a vault opens positions the same way you would.

What DeVOLT does not charge

There is no subscription, no charge for connecting a wallet, no charge for reading any market or any figure on the site, and no charge for closing a position beyond the swap it requires. DeVOLT never holds your funds, so there is nothing to charge you for holding them.