# Fees

Performance fees vary by vault:-

* **Lite ETH Vault:** A **20% performance fee** is charged on net profits. This is already included in the **Net APY** shown on the interface.
* **Lite USD Vault:** No performance fee is charged.

<figure><img src="/files/XHtQq9GDjvY7McWMBjPR" alt=""><figcaption><p>Hover over info icon to see the Gross APY Rate</p></figcaption></figure>

### Exit Fee

Fluid Lite ETH/USD vaults charge a **0.05% exit fee**, which is directed to the DAO as protocol revenue.

<figure><img src="/files/WAxkjeCmvK1vIFS9LUor" alt=""><figcaption><p>Confirm fee details on both vaults before proceeding.</p></figcaption></figure>

*Lite Vaults v1 used a different fee structure than described above you can find information on v1 vaults including fees* [*here.*](/more-links/archived-information/v1-vaults.md)


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