Marketplace Fees & Royalties
Each marketplace that Reservoir supports has different rules around fees and royalties. Below is a summary:
OpenSea
Royalties
Collection enforces blocklist | Min Royalty | Max Royalty |
---|---|---|
Yes | Creator configured amount | Creator configured amount |
No | 0.5% | Creator configured amount |
Marketplace Fee
Collection volume | Royalty >= 0.5% | Royalty < 0.5% |
---|---|---|
Low | Fee = 0.5% | Fee = 0.5% |
High | Fee = 0 | Fee = 0.5%-Royalty |
Note: There are no clear guidelines as to what qualifies as “low volume”, so we lookup and cache the marketplace fee per collection when you use our List API.
LooksRare
LooksRare has a fixed total fee of 2%. If a collection has royalties configured, 0.5% goes to the creator, and 1.5% to protocol. Otherwise, the whole 2% goes to protocol.
X2Y2
X2Y2 has a fixed protocol fee of 0.5%, and enforces creator configured royalties. Note that creators need to explicitly set royalties on X2Y2 for them to be applied
Updated about 1 year ago