PAMM Fee Structure
PAMM managers on Amabit earn commissions through one of two models: Success Fee (charged on profits) or Management Fee (charged on managed capital). The commission type is set by the manager when creating the PAMM account.
Commission Types
Success Fee (0–50%)
The manager earns a percentage of the net profit generated for each member.
- Fee is charged only when there is profit — no profit means no fee
- Uses a high watermark (HWM): after a losing period, the manager must recover past losses before earning fees again. The fee is only charged on profit above the previous peak
- Accrued continuously and settled once per billing cycle
- The rate is set between 0% and 50%
Management Fee (0–2% monthly)
The manager earns a percentage of the total managed capital (NAV) regardless of trading performance.
- The rate you see is a monthly rate (0–2%)
- Calculated daily based on Net Asset Value and prorated over the billing period
- Charged regardless of profit or loss
- Settled once per billing cycle
Billing Cycles
The manager selects a billing cycle when creating the PAMM. This determines how often commissions are settled and paid:
| Cycle | Settlement day |
|---|---|
| Daily | Every day |
| Weekly | Every Sunday |
| Bi-weekly | Every other Sunday |
| Monthly | Last day of each month |
All settlements occur automatically at 00:05 UTC.
Examples
Success Fee Example
A manager has 20% Success Fee with a Monthly billing cycle.
If the PAMM generates $1,000 profit in a month:
- Manager receives: $200 (20% of $1,000)
- Members share: $800 proportionally based on their allocations
If the PAMM has a loss in a month:
- Manager receives: $0
- Losses are distributed proportionally to members
- The high watermark means the manager must recover the loss before earning fees again
Management Fee Example
A manager has 1% monthly Management Fee with a Monthly billing cycle.
If the PAMM has $100,000 NAV at the end of the month:
- Manager receives: ~$1,000 (1% of $100,000)
- This fee is charged regardless of whether the PAMM was profitable
No Hidden Fees
- No extra trading fees — Standard Binance commissions apply
- No connection fee — Connecting to a PAMM is free
- No disconnection fee — Withdrawing from a PAMM has no additional charge
What to Look For
When choosing a PAMM manager, consider:
| Factor | What to check |
|---|---|
| Commission type | Success Fee (pay only on profit) vs Management Fee (pay regardless) |
| Commission % | Success Fee: typically 10–30%. Management Fee: typically 0.5–2% |
| Billing Cycle | How often commissions are collected |
| Track Record | Longer history is more reliable |
Where to See Fees
- PAMM Marketplace — Commission rate and type are displayed on each manager's card
- Connection dialog — Full fee details are shown before you connect
- Manager profile — Commission settings on the manager's statistics page