Fees

The Ocean Protocol defines various fees for creating a sustainability loop.

Path to sustainability

Ocean Protocol achieves sustainability via the Web3 sustainability loop.

  • The project grows and improves through the efforts of OceanDAO grant recipients.
  • The OceanDAO votes to decide which proposals receive grants.
  • Grant funds are sourced from the Ocean Protocol community treasury.
  • The Ocean Protocol community collects fees when users interact with the protocol, thus completing the sustainability loop.

Fee types

Swap fee

Swap fees are collected whenever someone swaps a datatoken for base token (e.g., OCEAN) or base token for a datatoken. The swap could be inside a pool (using an automated market maker) or in a fixed-rate exchange. These are the fees that are applied whenever a user swaps base token or datatoken:

  • Publisher Marketplace swap fee
  • Consumer Marketplace swap fee
  • Provider Consumption Fees
  • Ocean Community Fee

Publish fee

Publish fees can be charged to a publisher when they publish an asset.

Currently, the Ocean marketplace does not charge a publishing fee. Custom marketplaces can charge a publishing fee by adding an extra transaction in the publish flow.

Based on the use case of the marketplace, the marketplace owner can decide if this fee should be charged or not.

Consume fee

Consume fees (aka. Order fees) are charged when a user holding a datatoken exchanges it for the right to download an asset or to start a compute job that uses the asset.

These are the fees that are applied whenever a user consumes an asset:

  • Consume Market Consumption Fee
  • Publisher Market Consumption Fee
  • Provider Consumption Fees
  • Ocean Community Fee

Ocean Community fee

Ocean’s smart contracts collect Ocean Community fees during swap and order operations. These fees are reinvested in community projects via OceanDAO and other initiatives.

For swaps involving approved base tokens like OCEAN and H2O, the Ocean Community swap fee is 0.1%. For swaps involving other base tokens, the Ocean Community swap fee is 0.2%. The Ocean Community order fee is 0.03 DT per order operation.

These fees can be updated by the Ocean Protocol Foundation.

Provider fee

Provider is a component of Ocean Protocol’s ecosystem that facilitates data consumption, starts compute jobs, encrypts DDOs, and decrypts DDOs. Provider also validates if the user can access a particular data asset or service. To learn more about Provider, click here.

Provider fees are paid to the individual or organization running their Provider instance when the user orders an asset. These fees can be set to an absolute amount, not as a percentage. The provider can also specify which token the fees must be paid in - they don’t have to be the same token used in the consuming market.

Provider fees can also be used to charge for computing resources. Based on the compute resources needed to run an algorithm in the Compute-to-Data environment, a consumer can choose the amount to pay according to their needs.

These fees incentivize individuals and organizations to run their provider instances and charge consumers according to resource usage.

Fee values

The table is periodically updated. Users are advised to confirm new values through the contracts and the market.

Swap FeesValue in Ocean Market, using any ProviderValue in Other Markets
publishMarket: Pools0%Set in the market config, by the publishing market.
Min = 0.001%
Max = 10%
publishMarket: FixedRate0%Set in the market config, by the publishing market.
Min = 0.001%
Max = 50%
consumeMarket: Pools0%Set in market config, by the consuming market.
Min = 0.001%
Max = 10%
consumeMarket: FixedRate
ERC20Template
0%0%
consumeMarket: FixedRate
EnterpriseTemplate
0%Set in market config, by the consuming market.
Ocean Community: Pools & FixedRate
OCEAN, H2O as base token
0.1%0.1%
Ocean Community: Pools & FixedRate
other base token
0.2%0.2%
Pool Liquidity Provider (LP)1%Set by the pool creator on contract deployment.
Contracts
Min = 0.001%
Max = 10%
Market
Min = 0.1%
Max = 10%
Publish Fees0%0%
Order Fees
1 datatoken available to get dataset acces
publishMarket
Absolute value, in any token. E.g. 5 USDT
0Set in market config, by the publishing market.
consumeMarket
Absolute value, in any token. E.g. 2 DAI
0Set in market config, by the consuming market.
Ocean Community
Fixed price in DT
0.03 DT0.03 DT
Ocean Provider FeesOPF Provider3rd party Provider
Token in which fee is charged: PROVIDER_FEE_TOKENOCEANE.g. USDC
Download: COST_PER_MB0Set in Provider envvars.
Compute: COST_PER_MIN
Environment: 1 CPU, 60 secs max
0Set in OperatorEngine envvars.
Compute: COST_PER_MIN
Environment: 1 CPU, 1 hour max
1.0 OCEAN/minSet in OperatorEngine envvars.
Ocean Community0% of the Provider fee0% of the Provider fee

Further reading