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

# Protocol Revenue

### **Fee Collection**

The platform generates revenue through fees charged for its usage. These fees take various forms, including:

* Position fee for perpetual trading
* Liquidation fee 
* Dynamic borrowing fee (interest rate for leveraged/perpetual trading)
* Swap fee
* LLP minting and burning fee (LLP = Level Liquidity Pool)
* Accelerated vesting fee (preLVL vesting)\
  (Note: This fee will be distributed equally, with 50% to the DAO and 50% to the LLP.)

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For more information, see [**Protocol Fee Structure**](https://docs.level.finance/protocol-fee-structure)
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### **Fee Distribution**

Revenue is distributed from fees collected on the platform. These fees are routed as follows:

* LLP Fees = 45%
* LVL & LVL/USDT LP Stakers = 10%
* DAO Treasury = 30%
* LGO Stakers = 10%
* Reserved for Development = 5%

<figure><img src="/files/rLcBmHd0qKL17HJitK6R" alt=""><figcaption></figcaption></figure>

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Proposals passed by the Level DAO can change protocol fee parameters and distribution.
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