THE SHORT VERSION
  • Cove's platform fee, network gas, pool fees and price impact are different parts of a trade.
  • Cove sponsors up to $5 of gas per eligible trade; a higher cost can require a separate surplus decision.
  • The live quote and final receipt matter more than a generic fee example.

What can change the amount you receive?

A Cove trade can involve a Cove platform fee, network execution cost, fees charged by underlying liquidity venues and a price effect from the size of your trade. Slippage is the movement allowed after a quote; it is not another Cove fee. Compare expected output before submitting, then use the final receipt for the settled amount.

Gasless means Cove can sponsor network gas so you do not need to keep a native gas token in every trading wallet. It does not mean a trade has no platform fee, pool cost, price impact or possible gas surplus.

Cove platform fees, with examples

On most supported networks, the published buy schedule is 1% with a $0.95 minimum. That makes the platform fee $0.95 for an illustrative $50 buy and $1 for a $100 buy. Most-network sells use 1%. Ethereum and HyperEVM have a separate tiered schedule: buys under $500 use 2% with a $1.90 minimum; larger buys step down to 1.5% and then 1%. Their sells use 1.5% below $2,500 and 1% from $2,500.

Solana sells use a separate small-position tier schedule. The minimum trade size and the fee rate are different questions: the docs list $1 minimum buys, $0.50 minimum sells on most networks, and a higher floor for partial Solana sells. Check the current Fees & Gas Sponsorship page for the precise tier and any updated thresholds before trading.

Compare costs at the order size you actually intend

Use the published fee schedule to identify the platform-fee component, then inspect the live Cove quote for the complete route. For illustration, a $50 Base buy has a $0.95 Cove platform-fee component because the minimum exceeds 1% of $50. A $100 Base buy has a $1 component. A $100 HyperEVM buy falls in the under-$500 tier and has a $2 component; a $500 HyperEVM buy uses the 1.5% tier and has a $7.50 component. The tier applies to the full order size, not only the dollars above the threshold.

These calculations do not predict how many tokens you receive. Record the network, token contract, wallet, order size, quoted token output, platform fee, any gas-surplus prompt and quote time. When comparing two sizes, request two fresh quotes rather than scaling one output linearly. For multi-wallet buys, check the selected wallets and Split Total versus Per Wallet before calling an amount the combined order size. After execution, reconcile the actual receipt for each wallet; a quote is an estimate, not a fill.

Where the $5 gas sponsorship ends

Cove's published sponsorship cap is up to $5 in network gas per eligible trade. If the estimated gas is higher, the bot can show the extra cost or use your active Gas surplus budget. Sponsorship, the surplus authorization and the platform fee are separate amounts. A $10 per-trade overage authorization is not a $10 sponsorship cap.

Open Settings → Guardrails → Gas surplus budget to see your standing choice. A saved budget can authorize an extra cost without another prompt. If you want a fresh decision each time, review the current setting in your own profile; older saved $0 settings were migrated during the October update and may need to be saved again. Read a new quote before accepting any extra cost.

Pool costs are not a second Cove commission

A swap can pass through more than one DEX pool. Venue fees are reflected in the output quote and paid to those venues' liquidity providers, not to Cove. Price impact is the change in available price caused by your own size relative to liquidity. Neither can be inferred reliably from a token's market cap alone.

For a thin token, compare the expected output at different sizes. A lower dollar fee does not make a poor route cheap if the output falls sharply. Raising slippage can allow a worse fill but does not reduce price impact.

Deposit costs and the final receipt

An inbound EVM deposit that needs bridging into Cove's unified balance can have a pass-through infrastructure cost. The published example is about $0.19, but the provider route determines the actual amount credited. This is separate from a later trading fee. A Solana transfer to a recipient without the relevant token account can also need a one-time rent deposit.

Before a trade, inspect the selected wallets, spendable USDC, quote, fee and any surplus prompt. Afterwards, read the receipt for actual spent and received amounts; in a multi-wallet trade, expand each wallet's result. If an amount is missing or the action is pending, do not assume the transaction failed and submit it again.

KEEP EXPLORING

Sources & further reading

Product settings and availability can change. Check the current documentation before using a feature. Educational content does not predict trading outcomes.

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