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

# Trading Fees

### Fixed Fee

Users are charged a fixed fee of 0.07% for opening or closing positions, and for minting or burning PUSD.

### Floating Fee

If the utilization rate of the LP pool exceeds 90% after a position is opened, users need to pay an additional floating fee on top of the fixed fee to ensure system availability. This floating fee does not apply to closing positions or to minting and burning PUSD.

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## Trading Fee Distribution

• 35%: Burning Pool, for burning $PURE through the [Fixed Price Burning Mechanism](/pure.cash/tokenomics/fixed-price-burning-mechanism.md)

• 35%: Liquidity Providers&#x20;

• 20%: Pure.cash Labs

• 10%: Ecosystem Rewards

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