# What are fee tiers?

**A fee tier is the percentage of the liquidity provider fee that swaps pay when swapping.**\
When providing liquidity you will receive your share of the collected fees. These get shared equally with all the liquidity providers in the pool.

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**When providing liquidity on Concentrated pools:**

* The concentrated protocol has 1%, 0.3%, 0.05%, and 0.01% fee tiers.
* In concentrated the fees get collected and stored, but these fees do not get added back into the pool.
* The liquidity provider has the ability to collect these fees.
* When removing concentrated liquidity positions, all the fees will be removed along with the liquidity amount chosen to remove.

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**When providing liquidity on Volatile pools:**

* The volatile protocol only has a 0.3% fee tier.

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