# Incentives & Performance Fees

## **Vault Incentives**

Markets and Vaults can include incentives in the form of rewards and points added to incentivize supply. Suppliers to our vaults receive the incentives based on their vault positions.

## Vault Performance Fee

Morpho Vaults allow the Vault owner and/or curator to set a Performance Fee. This fee is calculated as a percentage of the interest earned in the vault. The Performance Fee is charged on Native APY only and not on any yield derived from rewards or points. Our Vault fees range from 0%-20%, and are among the most competitive across Morpho Vaults.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://vaultbook.gauntlet.xyz/vaults/morpho-vaults/incentives-and-performance-fees.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
