# Protocol fees

#### Trading fees <a href="#trading-fees" id="trading-fees"></a>

Every swap on Raydium incurs a trading fee, split between liquidity providers, RAY buybacks, and the treasury.

| Pool Type       | LP Share | Buyback | Treasury |
| --------------- | -------- | ------- | -------- |
| CLMM            | 84%      | 12%     | 4%       |
| CPMM            | 84%      | 12%     | 4%       |
| Standard AMM v4 | 88%      | 12%     | —        |

#### Pool creation fees <a href="#pool-creation-fees" id="pool-creation-fees"></a>

Creating a Standard AMM v4 or CPMM pool costs 0.15 SOL to prevent spam and support protocol infrastructure.

{% content-ref url="treasury" %}
[treasury](https://docs.raydium.io/raydium/protocol/treasury)
{% endcontent-ref %}