> For the complete documentation index, see [llms.txt](https://hummus-exchange.gitbook.io/hummus-exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hummus-exchange.gitbook.io/hummus-exchange/concepts/fees.md).

# Fees

Hummus Exchange implements a series of fees :&#x20;

* Swap Fee (haircut): 0.01% for stable swap
* [Deposit Arbitrage Fee](/hummus-exchange/concepts/deposit-fee.md): when coverage > 100%
* [Withdrawal Arbitrage Fee](/hummus-exchange/concepts/withdrawal-fee.md): when coverage < 100%

Hummus Exchange is transparent on fees: when using the protocol, the user is notified of the fees he or she will incur so that he or she is able to make an informed decision. In most cases, Hummus Exchange allows for smaller fees and slippage than traditional AMMs.&#x20;

Fees are used to keep the system in good health as well as to redistribute pool profits to liquidity providers.&#x20;
