> For the complete documentation index, see [llms.txt](https://docs.colb.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.colb.finance/investment-core-tech/fees.md).

# Fees

How the fees work in Colb Liquids?

#### Deposit Fees

The deposit fees are applied to cover processing costs and support strategy stability. The fee is deducted from the deposit amount before shares (or tokens) are issued. Investors receive shares based on the net deposit amount, ensuring accurate net asset value (NAV) calculations. The deposit fees can change before the settlement stage where the fee is calculated and applied.

#### Redemption Fees

Redemption fees are a one-time fee applied when users redeem Colb Tracker Tokens into $USC. The fee is deducted from the withdrawal amount before $USC is transferred.

#### Instant Redemption Fees

Instant redemption fees are higher than standard withdrawal fees, to compensate for providing immediate liquidity. These fees apply when users choose instant redemption instead of the standard queued withdrawal process.