# Fees

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There will be a total Protocol fee of 1% Uniswap fees\* for all vaults created using Alpha Vaults. 

\*For example, if a vault manager created a vault that received $100 fees from Uniswap, the vault receives $99 and Charm receives $1.
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There are no exit fees, performance fees, management fees, or any other fees.
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Fees will be clearly displayed in the vault's front-end, and [verifiable](https://github.com/charmfinance/alpha-vaults-v2-contracts) on-chain.
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Vault Managers can set their [own fee](https://learn.charm.fi/charm/user-guides/walkthroughs/edit-vault#setting-manager-fee) for managing liquidity.
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