# Fees

### Crypto Perpetual (Hyperliquid)

There are two types of fees: one-time activation fees and per-trade fees.

**Fee Overview**

<table data-full-width="false"><thead><tr><th>Fee Type</th><th>Amount</th><th>When It's Charged</th><th>Goes To</th></tr></thead><tbody><tr><td><sup>Account Activation</sup></td><td><sup>$1 flat fee</sup></td><td><sup>The first time a new wallet copies a trader</sup></td><td><sup>Hyperliquid</sup></td></tr><tr><td><sup>Hyperliquid Fee</sup></td><td> <sup>up to 0.045% of trade size (based on the trading volume)</sup></td><td><sup>On every trade (applies to all users trading on Hyperliquid)</sup></td><td><sup>Hyperliquid</sup></td></tr><tr><td><sup>Coinpilot Platform Fee</sup></td><td><sup>0.05% trade size</sup></td><td><sup>When opening/increasing/closing/decreasing a copy trade order</sup></td><td><sup>Coinpilot</sup></td></tr></tbody></table>

**How It Works**

* **Activating a New Wallet**

  When you use a new (unused) wallet to copy a trader for the first time, a $1 fee is charged and deducted from your allocation.

  → Example: You allocate $100 to copy a trader using a fresh wallet - $1 goes to Hyperliquid, and $99 is used for trading.
* **Trading Fees (Per Trade)**

  Every time a trade is executed (buy/sell), a 0.05% platform fee is added by Coinpilot on top of the \~0.03% trading fee charged by Hyperliquid.

  → Example: You place a $1,000 trade → total fee is \~0.08% ($0.50 to Coinpilot, \~$0.30 to Hyperliquid).

> You keep 100% of your gains. No performance or management fees.

Notes:

* For Hyperliquied Fees: check their [official docs](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees)

### Prediction Market (Polymarket)

For Prediction Market copy trading, Coinpilot charges:

**1% Platform Fee per Executed Trade**

This fee is applied to each successfully executed copied trade.

Notes:&#x20;

* For Polymarket Fees, check their [official docs](https://docs.polymarket.com/trading/fees)