Byzantine charges a fixed 10% of returns, calculated daily and deducted directly from interest earned. Account balances are always displayed net of all fees - the APY shown on your dashboard is what you actually receive.This single fee covers Byzantine’s technology and operations, asset manager fees to Keyrock, custody costs, and all internal rebalancing transactions. There are no additional management fees, entry fees, or exit fees.
For fiat deposits and withdrawals (EUR or USD), a 0.2% conversion fee applies for both on-ramp (fiat to stablecoin) and off-ramp (stablecoin to fiat) transactions. This reflects the conversion cost charged by Bridge, the regulated on-ramp partner. Stablecoin deposits and withdrawals do not incur this fee.
Byzantine earns 10% of gross interest generated by the lending markets. The remaining 90% is distributed directly to clients.Example: If the lending markets generate 8.9% gross annual yield, clients receive approximately 8% (90% of 8.9%), and Byzantine retains approximately 0.9%.This fee structure aligns Byzantine’s incentives directly with clients’ returns - Byzantine only earns when clients earn.
