What it costs

Opening a leveraged position is a single transaction that borrows, buys, deposits and repays. Each of those steps can carry a cost, and they are charged by different parties: DeVOLT, the lender who funds the loan, and the market you trade against. They are listed separately here because they behave differently: one is fixed, one depends on where the money is borrowed, and one depends on how deep the market is on the day.

The whole list

DeVOLT fee

0.05% of the collateral the transaction buys. Charged by DeVOLT, on every open and on every close that involves a swap.

flash loan

Free on Morpho Blue and Balancer V2. Aave v3 charges its own premium, and it is charged by Aave, not by DeVOLT.

the swap

Whatever the winning route quotes, plus the gap between the quoted price and the filled one. Paid to the market, not to anybody in particular.

gas

What the chain itself charges to run the transaction. The whole open is a single transaction, so you pay for one, at whatever the chain costs at the time.

vault performance

15% of the profit a Strategy Vault makes. Nothing is taken from the deposit itself, and nothing is taken when there is no profit.

What DeVOLT charges

DeVOLT takes 0.05% of the collateral that the transaction buys for you. The swap runs, the contract measures exactly what came back, keeps that share of it, and deposits the rest into the lending market as your position.

It is taken from what the swap produces, not from your own deposit. Your deposit goes into the position untouched; the fee lands only on the extra collateral the leverage bought. And it is taken inside the same transaction, by the contract, and recorded on the chain as an event that anybody can read. There is no invoice and nothing to pay later.

The rate can be changed, and the limit on that is written into the contract rather than promised in a document: it can never exceed 1%, because the contract rejects any attempt to set it higher. A change is a public transaction on a public contract, so it is visible when it happens.

The flash loan

The loan that funds the open is repaid inside the same transaction, and most lenders charge nothing for that. Morpho Blue is free by design. Balancer V2 is free where its vault holds enough of the token. Aave v3 charges a premium, and it is used as the fallback where neither free source holds what the position needs.

The swap, and why it is not a fixed number

Turning the borrowed token into collateral means trading it, and a trade moves the price against you by an amount that depends on how much you are trading and how deep the market is that day. DeVOLT races every aggregator it has a route for and takes the best fill, which makes this cost as small as the market allows, but it cannot make it fixed, and no honest figure can be printed here in advance. The panel shows the quote you would actually get, at the size you actually entered, before you sign.

Strategy Vaults

A Strategy Vault takes 15% of the profit it makes, and nothing else. There is no deposit charge, no withdrawal charge, and no annual charge on the balance: if the vault does not earn, it does not take. The leverage inside a vault still pays the costs above, because a vault opens positions the same way you would.

What DeVOLT does not charge

There is no subscription, no charge for connecting a wallet, no charge for reading any market or any figure on the site, and no charge for closing a position beyond the swap it requires. DeVOLT never holds your funds, so there is nothing to charge you for holding them.