Solana Trading Terminal Fee Benchmark (2026): Pump.fun vs FOMO vs Terminal (Padre) vs Axiom vs GMGN vs Trojan vs Photon
Seven venues, one method. We normalized every published fee schedule to the rate you actually pay after a valid referral code, then priced it at five volume levels. Cheapest: pump.fun at 0.40%. Most expensive: Photon at 1.00%.
Ranking at a glance
- pump.fun: 0.40% net (base 0.45%, code VIP25)
- FOMO: 0.45% net (base 0.50%, code VIP50)
- Terminal (Padre): 0.65% net (base 1.00%, code vip25)
- Axiom: 0.90% net (base 1.00%, code vip25)
- GMGN: 0.90% net (base 1.00%, code VIP25)
- Trojan: 0.90% net (base 1.00%, code trenchfees), about 0.72% after 20% Arena cashback
- Photon: 1.00% net (base 1.00%, code VIP25)
Full fee table with sources
| Platform | Base fee | Net with code | Code | Documented benefit | Source |
|---|---|---|---|---|---|
pump.fun Launchpad & App | 0.45% | 0.40% | VIP25 | 0.45% base fee -> 0.40% effective fee (~11% off) with code VIP25 on trades in the pump.fun web and mobile app | pump.fun |
FOMO Social Trading App | 0.50% | 0.45% | VIP50 | 0.50% base fee -> 0.45% effective fee (flat 10% referral fee discount) when signing up with code VIP50, per FOMO's help centre | fomo.family |
Terminal (Padre) Trading Terminal | 1.00% | 0.65% | vip25 | 1.00% base fee -> 0.65% net fee with 35% SOL cashback on trading fees via referral code vip25 (up from 10% default) | docs.terminal.trade |
Axiom Trading Terminal | 1.00% | 0.90% | vip25 | 1.00% base fee -> 0.90% effective fee (10% referral fee discount) with code vip25, plus up to 25% Champion tier SOL cashback & Axiom Points | docs.axiom.trade |
GMGN Trading Terminal & Bot | 1.00% | 0.90% | VIP25 | 1.00% base fee -> 0.90% effective fee (10% referral fee rebate) with code VIP25, plus Copy-Trading & Smart-Money alerts | docs.gmgn.ai |
Trojan Trading Terminal & Bot | 1.00% | 0.90% | trenchfees | 1.00% base fee -> 0.90% effective fee (10% instant fee cut) with code trenchfees + 20% Arena SOL cashback | trojan.app |
Photon Trading Terminal | 1.00% | 1.00% | VIP25 | 1.00% fee · Photon Points + weekly leaderboard rewards with code VIP25 | photon-sol.tinyastro.io |
Net fee = base fee after the documented referral discount or built-in cashback. Excludes Solana network, priority and bonding-curve fees. Placement: benchmark.
What your monthly volume costs on each app
Fee cost per month at the net rate with a verified code. The last column shows what the code saves per year at $100,000 monthly volume.
| Platform | $10K / mo | $50K / mo | $100K / mo | $250K / mo | $1M / mo | Saved per year at $100K |
|---|---|---|---|---|---|---|
pump.fun Launchpad & App | $40 | $200 | $400 | $1,000 | $4,000 | +$600 |
FOMO Social Trading App | $45 | $225 | $450 | $1,125 | $4,500 | +$600 |
Terminal (Padre) Trading Terminal | $65 | $325 | $650 | $1,625 | $6,500 | +$4,200 |
Axiom Trading Terminal | $90 | $450 | $900 | $2,250 | $9,000 | +$1,200 |
GMGN Trading Terminal & Bot | $90 | $450 | $900 | $2,250 | $9,000 | +$1,200 |
Trojan Trading Terminal & Bot | $90 | $450 | $900 | $2,250 | $9,000 | +$1,200 |
Photon Trading Terminal | $100 | $500 | $1,000 | $2,500 | $10,000 | +$0 |
Round-trip cost per trade
A round trip is one buy plus one sell. Here is the fee on a $1,000 position:
| Platform | Buy fee | Sell fee | Round trip (with code) | Round trip (no code) | Saved per trade |
|---|---|---|---|---|---|
pump.fun Launchpad & App | $4.00 | $4.00 | $8.00 | $9.00 | +$1.00 |
FOMO Social Trading App | $4.50 | $4.50 | $9.00 | $10.00 | +$1.00 |
Terminal (Padre) Trading Terminal | $6.50 | $6.50 | $13.00 | $20.00 | +$7.00 |
Axiom Trading Terminal | $9.00 | $9.00 | $18.00 | $20.00 | +$2.00 |
GMGN Trading Terminal & Bot | $9.00 | $9.00 | $18.00 | $20.00 | +$2.00 |
Trojan Trading Terminal & Bot | $9.00 | $9.00 | $18.00 | $20.00 | +$2.00 |
Photon Trading Terminal | $10.00 | $10.00 | $20.00 | $20.00 | +$0.00 |
And on a $10,000 position:
| Platform | Buy fee | Sell fee | Round trip (with code) | Round trip (no code) | Saved per trade |
|---|---|---|---|---|---|
pump.fun Launchpad & App | $40.00 | $40.00 | $80.00 | $90.00 | +$10.00 |
FOMO Social Trading App | $45.00 | $45.00 | $90.00 | $100.00 | +$10.00 |
Terminal (Padre) Trading Terminal | $65.00 | $65.00 | $130.00 | $200.00 | +$70.00 |
Axiom Trading Terminal | $90.00 | $90.00 | $180.00 | $200.00 | +$20.00 |
GMGN Trading Terminal & Bot | $90.00 | $90.00 | $180.00 | $200.00 | +$20.00 |
Trojan Trading Terminal & Bot | $90.00 | $90.00 | $180.00 | $200.00 | +$20.00 |
Photon Trading Terminal | $100.00 | $100.00 | $200.00 | $200.00 | +$0.00 |
Cashback and tiers that move the real number
- Terminal (Padre): the 35% SOL cashback via referral is already inside the 0.65% net figure (default without a referral link: 10%).
- Trojan: on top of the 0.90% rate, 20% Arena SOL cashback brings the effective rate to about 0.72%.
- Axiom: SOL cashback grows with your volume tier, from Wood (5%) up to Champion (25%), on top of the 0.90% discounted fee. See our Axiom tier breakdown.
- FOMO: the 10% discount applies on Base, BNB Chain, Monad and Ethereum from the first trade, and on Solana orders of 190 USDC or more. Smaller Solana swaps use flat fee bands.
- Photon: no fee discount. Codes add Photon Points and weekly leaderboard rewards.
How to calculate your own fee bill
Add up your monthly buy and sell volume
Every buy and every sell is charged. A $1,000 position opened and closed is $2,000 of volume.
Multiply by the net fee of your venue
Use the net rate after your referral code: for example 0.40% on pump.fun or 0.65% on Terminal (Padre).
Add network, priority and slippage costs
These are outside every referral program. On illiquid memecoins slippage is often the largest cost.
Compare against the no-code rate
The difference between base and net fee, times 12, is what a correctly bound code is worth to you per year.
Methodology
Base fees come from each platform's official fee or referral documentation (linked in the table). Net fees apply only the documented referral discount or built-in referral cashback. We model taker-style swaps, which is how memecoin terminals charge. We do not include network, priority, bonding-curve or slippage costs because they are identical across codes. Data last verified 2026-10-24.
Disclosure: we may earn a referral share when you use our codes. The ranking is strictly by net fee and would be the same with any other valid code on each platform.
Frequently Asked Questions
Which Solana trading app has the lowest fees in 2026?
pump.fun App & Web at 0.40% with code VIP25, followed by FOMO App (fomo.family) at 0.45% and Terminal (formerly Padre) at 0.65%.
Which trading terminal is cheapest?
Among full terminals, Terminal (formerly Padre) is cheapest at 0.65% net thanks to 35% SOL cashback via referral. Trojan reaches about 0.72% after 20% Arena cashback.
Is Axiom or GMGN cheaper?
Both charge 1.00% and drop to 0.90% with a referral code. Axiom adds tier-based SOL cashback (5% to 25%), which makes it cheaper for high-volume traders.
How much does a $1,000 round trip cost on Solana terminals?
From $8.00 on pump.fun to $20.00 on Photon, before network fees and slippage.
Do these fees include Solana network fees?
No. Network, priority and bonding-curve fees are separate and the same with or without a referral code.