# Partner Economics

### Fee Structure

HIP-3 deployers receive 50% of all trading fees generated by their markets. This fee share is fixed at the protocol level by Hyperliquid.

Through Market Studio, partners earn a portion of this deployer fee share based on their contribution to the market deployment and ongoing volume generation.

### What Determines Your Share

**Auction cost contribution.** Partners who cover the Dutch Auction cost for a ticker demonstrate commitment and receive fee share allocation accordingly.

**Volume contribution.** Partners who drive sustained trading volume through their communities, integrations, and incentive programs earn proportionally higher fee share over time.

**Distribution commitment.** The scope and quality of your distribution channels (community size, integration depth, incentive programs) factor into initial allocation.

### Lifetime Revenue

HIP-3 fee share is perpetual. As long as a market generates trading volume, deployers earn fees. There is no expiry, no vesting cliff, no token unlock schedule. Fee share flows continuously from day one.

For partners, this means the Dutch Auction cost is the total capital commitment for access to perpetual fee share from a market deployed on Hyperliquid's infrastructure. The ROI threshold is volume-dependent, but the instrument is structurally designed to compound over time as Hyperliquid's user base and trading activity grow.

### Fee Flow

| Step                 | Description                                                                 |
| -------------------- | --------------------------------------------------------------------------- |
| Trading occurs       | Fees charged per Hyperliquid's standard schedule                            |
| 50/50 split          | Half to Hyperliquid, half to deployer (Stratium)                            |
| Stratium allocation  | Deployer share split between Stratium operations and Market Studio partners |
| Partner distribution | Partners receive their allocation based on contribution                     |

### Transparency

All trading volume and fee generation is verifiable onchain. Partners can independently track market performance through Hyperliquid's public data.


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