> For the complete documentation index, see [llms.txt](https://docs.treehouse.finance/protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.treehouse.finance/protocol/tasset/architecture/fees.md).

# Fees

Treehouse charges two types of fees:

### **Performance Fee**

* A 20% fee on the Market Effective Yield (MEY) earned.
* Only applied when MEY is positive.
* Collected in the base token of the pool prior to each P\&L rebase event (e.g., tETH → charged in tETH, tAVAX → charged in tAVAX).

### **Fastlane Fee**

* A 0.5% fee for using the Fastlane service, paid in the underlying LST (e.g., wstETH for tETH).
* The Fastlane provides instant liquidity as an alternative to the normal redemption queue.
* Users redeeming via Pendle integrations (e.g., YT-tETH, LP-tETH holders) are automatically routed through the Fastlane and incur this fee.

### Example: Redemption Wait Periods & Fastlane Fee Adjustments

* **tETH** → Standard redemption wait period: **7 days**, Fastlane Fee: 0.5**%**
* **tAVAX** → Standard redemption wait period: **17 days**, Fastlane Fee: 0.5**%**
* **tHYPE** → Standard redemption wait period: **10 days**, Fastlane Fee: 0.5**%**