Creators set a listed royalty - often 5–10% of the secondary sale price - so future trades can route a cut back to the original maker or treasury. That number lives in metadata, marketplace listings, and sometimes on-chain royalty interfaces. It is the rate you advertise, not the cash that reliably lands in a wallet after optional-royalty policies and venue-specific enforcement.
Since roughly 2022–2023, several major marketplaces made creator fees optional or soft-enforced on certain order types. A buyer can fill a trade where the royalty line is zeroed while the contract still “says” 7.5%. The creator sees a gap between listed and collected - and sellers see the same gap as extra proceeds when royalties are skipped.
This page’s job is honesty before you pitch a collection, price a flip, or multiply one trade by volume. The panel shows listed vs collected side by side, then walks the same sale as a sequential waterfall so marketplace fee, creator take, and seller net do not share one fuzzy “fee” number.
Decision framing: “What might I actually receive on this book?” - not “my contract says 7.5%, so secondary income is booked.” Pair royalty math with gas when the edge of a small flip is thin.