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

# Protocol Fee Structure

**Fee Structure**

* 2.5% Quadrat Performance Fee (distributed to Governance Treasury)
* 0% Withdrawal fee
* 0% Management fee
* X% Asset Manager Performance Fee (set by a manager)

\*Performance fee only charges when the strategy is earning profit.

​**Overview of the cost structure of yield aggregators and asset management projects**

| **Project** | **Management Fee** | **Performance Fee** | **Total Fee** |
| ----------- | ------------------ | ------------------- | ------------- |
| Yearn V2    | 2%                 | 20%                 | 22%           |
| Harvest     | 0%                 | 30%                 | 30%           |
| dHedge      | 0%                 | 20%                 | 20%           |