There is no fixed benchmark — fees are highly market-dependent.
Commercial structures vary based on timing, sector demand, project maturity, and negotiation leverage. Packages may include token allocations, cash components, marketing commitments, refundable deposits, or hybrid arrangements.
Anecdotally, token allocations for mid-to-upper-tier venues have often ranged in the low single-digit percentage equivalent — though outcomes vary widely and are entirely negotiated. Strong demand, institutional backing, and competitive exchange interest materially improve terms.
The headline percentage is only one variable. Structure, lockups, and alignment often matter more than the nominal number.