Costs of using Squads
How much does it cost to use Squads
Network fees
Network fees can vary slightly depending on the action performed inside a Squad. This happens due to differences in the weights of instructions, which require different spaces on the blockchain.
Squad deployment - ~0.0528
Withdrawing SPL tokens - 0.0051 SOL
Withdrawing NFT - 0.0104 SOL
Stake SOL with a liquid provider - 0.0094 SOL
Stake SOL with a validator - 0.0106 SOL
Add member - 0.0037 SOL
Remove member - 0.0044 SOL
Change threshold - 0.0042 SOL
Create time lock - 0.0069 SOL
Create a Spending limit - 0.0076 SOL
Enable the fee relayer - 0.0681 SOL
Transactions executed with Squads have higher network fees than wallets like Phantom and Backpack because Squads uses smart accounts to enforce multisig logic. Smart accounts require more computation and storage than traditional non-programmable accounts. A portion of these fees are due to network rent (related to storage) which can be recouped using our Rent Reclaim feature. All fees are charged by the Solana network; Squads does not charge fees on transactions except the Limit Order fees shown below.
Platform fees
Account Creation Fee - 0.05 SOL
Limit Orders - 0.2%
Squads Business Plan (optional) - $49 per month
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