> For the complete documentation index, see [llms.txt](https://seahorsefi.gitbook.io/seahorsefi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://seahorsefi.gitbook.io/seahorsefi/governance/protocol-fees.md).

# Protocol Fees

Here are the various fees associated with the usage of SeahorseFi Lending/Borrowing money market. Fees can be adjusted via governance voting with the governance token in future.

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| **Protocol Fees** | **Strategy Fee Allocation** |
| ----------------- | --------------------------- |
| Deposit Fees      | 0.1% of sum deposited       |
| Withdrawal Fees   | 0.5% of sum deposited       |
| Borrow Fees       | Capped at 2.5%              |