> For the complete documentation index, see [llms.txt](https://guide.dem.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.dem.exchange/trade/fees/fee-distribution.md).
# Fee Distribution
Fees from different sources are distributed across various modules and entities as shown in the diagram below.
Read the individual documents below to learn more.
**Source**
* [Trading Fees](/trade/fees/trading-fees.md)
* [Funding Rate](/trade/fees/funding-fees.md)
* [Futures Liquidation](/trade/futures/liquidation-engine.md)
* [Perps P\&L](/earn/liquidity-pools/perp-pools.md)
* [Borrow Liquidation](/earn/nitron-lend-and-borrow/liquidation.md)
**Distribution**
* [Referrers](/earn/referrals.md)
* [Stakers](/stake-swth-dmx.md)
* [Validators](/technical/running-a-node/validators.md#why-be-a-validator)
* [Perp LP](/earn/liquidity-pools/perp-pools.md)
* [Spot LP](/earn/liquidity-pools/liquidity-pools.md)
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