> ## Documentation Index
> Fetch the complete documentation index at: https://docs.range.fun/llms.txt
> Use this file to discover all available pages before exploring further.

# Earning fees

> How your position earns LP fees and how to read fee metrics.

Every swap through a pool pays a fee. That fee goes to the liquidity providers whose positions are active at the current price, in proportion to their share of that liquidity.

## What drives your earnings

| Factor              | Effect                                                                                              |
| ------------------- | --------------------------------------------------------------------------------------------------- |
| Trading volume      | More swaps through the pool means more fees to share.                                               |
| Fee rate            | V3 pools have a fixed fee tier. V4 hooks can set dynamic fees.                                      |
| Time in range       | Your position earns only while the price is inside your range. See [ranges](/learn/ranges).         |
| Your share          | A narrower range concentrates your liquidity and earns a larger share, but leaves its range sooner. |
| Competing liquidity | More liquidity from other LPs at the same prices dilutes your share.                                |

Fees accrue in the pool's two tokens, not in dollars. They build up as **unclaimed fees** until you [claim them](/guides/claim-and-withdraw).

## Read the fee metrics

| Metric             | Meaning                                                       |
| ------------------ | ------------------------------------------------------------- |
| **24h fees**       | Estimate from recent volume and current fee rates.            |
| **24h fees/TVL**   | That estimate divided by the pool's total value locked (TVL). |
| **Fee APR**        | Daily fees/TVL × 365, without compounding.                    |
| **Unclaimed fees** | Fees your position has earned but not yet collected.          |

Missing fee data means unknown, not zero. Dynamic V4 fees can make estimates differ from actual earnings.

## Pool APR is not your return

Pool APR averages across all liquidity. Your result depends on your range, how long it stays active, and token prices. Fees can be outweighed by [impermanent loss](/learn/risks) and gas.

## What Range takes

Range keeps **7.5% of the LP fees you claim**, and charges nothing else. Claim \$100 of fees and you receive \$92.50. Deposits and withdrawals are free of Range fees; network gas and any hook charges are separate.

Most of this fee currently funds [RANGE buybacks](/token#buybacks).