Of 799 curated vaults, 498 charge no performance fee (mostly large passthrough savings vaults); the bands above are the 301 that do. A single “average fee” hides this spread.
+ 40 more fee-earning curators charging $935.67K/yr between them.
Annualized from the latest 6h snapshot: per vault, TVL × management fee + TVL × gross APY × performance fee, summed per curator. Curators charging nothing are omitted. Open a curator for the per-vault fee breakdown.