Fees and where they go

The fee

0.05% of the filled notional per side, so 0.10% per crossed pair, taken in HYPE at settlement. A remainder sent to the pool pays no Dark HIP-3 fee; the pool charges its own.

The split

Burns

The burn shares and forfeited taker bonds accumulate in the fee contract. The keeper calls flush, which buys $HIP3 and KNTQ on their pools and sends them to the dead address. Totals are public on the board.