diff --git a/MALKHUT/README.md b/MALKHUT/README.md
index 3c0ce15..ea3a158 100644
--- a/MALKHUT/README.md
+++ b/MALKHUT/README.md
@@ -405,6 +405,19 @@ simple doctrinal tick-exits (C11) ship first via T19 step 3; MALKHUT supersedes
 
 **1186 test functions. 50 test files. All green. 0 failures. 0 regressions.**
 
+### Fee Correction (CRITICAL — all prior training was at 10x too-cheap fees)
+
+Source of truth: `dolphin.trade_execution_quality` (8006 rows, avg taker=5.016 bps).
+
+| Venue | Old taker (WRONG) | Correct taker | Old maker (WRONG) | Correct maker |
+|-------|-------------------|---------------|-------------------|---------------|
+| BingX | 0.5 bps | **5.0 bps** | -0.2 (rebate) | **+2.0 (POSITIVE)** |
+| Binance | 0.4 bps | **4.5 bps** | -0.2 | -0.2 (UNVERIFIED) |
+| Bybit | 0.06 bps | **5.5 bps** | -0.01 | -0.1 (UNVERIFIED) |
+
+**Every policy trained before this fix is suspect** — cheap fees reward overtrading.
+Re-measurement at correct fees is required for production deployment.
+
 ### Completed subsystems
 
 | Subsystem | Module | Tests | Status |