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Dynamo is committed to full fee transparency. This section documents every fee you may encounter when using the protocol. There are no hidden fees beyond what is listed here.

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Fee summary

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What Dynamo does not charge

  • No deposit/withdrawal fee for collateral assets — collateral asset transactions are free (gas only).
  • No deposit/withdrawal fee for vaults — depositing/withdrawing from Morpho vaults is free (gas only).
  • No borrow origination fees — opening or closing a borrow position has no protocol fee.
  • No hidden spreads — the APY displayed in the app is what you actually earn after all protocol fees.

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Gas fees

Every on-chain transaction (deposit, withdraw, borrow, repay) requires gas paid in the native token of the network (e.g., ETH on Ethereum). Gas is set by the network, not by Dynamo. Fees are lower on non-Ethereum networks Dynamo supports.

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Where to learn more

Market Fees

Deposit fee for Loan assets in markets, and where is it sent.

Vault Fees

Performance and management fees charged at the vault level.