Photon fees (2026): what a trade really costs
Photon charges 1%. On every buy and sell, collected in SOL. Photon documents no discount for new users who sign up through a referral link.
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Worked example
Platform fee only, for one buy and for a full round trip (buy then sell), at 1%.
| Trade size | One buy | Buy + sell |
|---|---|---|
| $100 | $1.00 | $2.00 |
| $1,000 | $10 | $20 |
| $10,000 | $100 | $200 |
Photon against other bots
Headline platform fees, lowest first. Photon is number 6 of 12.
What comes on top of the platform fee
Every bot also passes on network costs: gas on EVM chains, priority fees and validator tips on Solana. On a busy launch, these can cost more than the platform fee itself.
Slippage is the other hidden cost: a 20% slippage setting on a thin memecoin can cost far more than a 1% fee. Keep it as low as the trade allows, and use anti-MEV modes where the bot offers them.
Frequently asked questions
How much does Photon charge per trade?
1%. On every buy and sell, collected in SOL.
Does Photon offer a referral discount?
Photon documents no discount for new users who sign up through a referral link.
Is Photon cheaper than Trojan?
On the headline fee they are level: Photon charges 1% and Trojan charges 1%. The difference comes from referral perks, priority fees and slippage.
Are there hidden fees on Photon?
No hidden platform fee is documented beyond 1%. You still pay network costs (gas, priority fees, tips) and slippage, which depend on your settings and on the token.