Fee model

Mutexa earns a small fee on routed notional, collected through each venue's integrator programs or a separate path.

How Mutexa earns

Mutexa earns from volume, not from holding money: a small fee on routed notional. Mutexa never holds funds or keys.

Integrator programs: How it worksCollected through a venue's own program where one exists, such as Hyperliquid builder codes or Jupiter referral fees.; Trade-offSimple, but an observer can tell a fill came through Mutexa.

Separate path: How it worksCollected outside the venue's program where an integrator code would hurt privacy.; Trade-offFills are not marked.

Path	How it works	Trade-off
Integrator programs	Collected through a venue's own program where one exists, such as Hyperliquid builder codes or Jupiter referral fees.	Simple, but an observer can tell a fill came through Mutexa.
Separate path	Collected outside the venue's program where an integrator code would hurt privacy.	Fills are not marked.

Rates are published before launch. $MUTEX holders pay less on routing fees. See access tiers.