There is no fixed benchmark — fees are highly market- and cycle-dependent.

Commercial terms vary based on timing, sector demand, project maturity, and negotiation leverage. Hybrid structures combining cash components and token allocations are common, alongside deposits or marketing commitments.

Anecdotally, token allocations for mid-to-upper-tier venues have often fallen in the low single-digit percentage range. That said, outcomes vary materially by market cycle and competitive dynamics, and all figures remain fully negotiable.

Structure, lockups, and alignment frequently matter more than the headline percentage.