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Costs of using Squads Protocol

Does Squads Protocol Charge Fees?

We don’t charge any fees for using Squads Protocol. While using the protocol you will only incur Solana network fees.

How much does it cost to use Squads Protocol?

Network fees can vary slightly depending on the action performed inside of a Squad. This happens due to differences in the weights of instructions, which require different spaces on the blockchain.
Approximate network fees for various actions inside Squads Protocol:
  • Squad deployment - 0.0025 - 0.0045 SOL depending on the initial amount of owners
  • Sign transaction - 0.000005 SOL
  • Withdrawing SPL tokens - 0.0048 SOL
  • Depositing SPL tokens - 0.00001 SOL
  • Depositing NFT - 0.00001 SOL
  • Withdrawing NFT - 0.005 SOL
  • Add owner - 0.0057 SOL
  • Remove owner - 0.0050 SOL
  • Change threshold - 0.0050 SOL
  • Add program - 0.00301 SOL
  • Buy NFT from ME - 0.00298 SOL
  • Rent NFT from the vault - 0.00298 SOL
  • Stake SOL with a validator - 0.00976 SOL