Skip to main content
Dawn pays two kinds of reward, and they are earned separately.

Cashback

A share of your own trading fee, back to you. From 25% to 55%, by your 30-day volume.

Referrals

A share of the fees paid by people you invite — and by the people they invite, three levels deep.
Both accumulate into one claimable balance. Open it with Rewards on the home screen.

​
What the Rewards screen shows

​
Claiming

Tap Claim on the Rewards screen. The payout arrives as USDC on your balance, usually within a minute. The minimum exists because paying out a few cents costs more in network fees than the payout is worth. Rewards do not expire. Anything under the minimum simply keeps accumulating until it is worth claiming.

​
Tiers move with your last 30 days

Both ladders are measured on a rolling 30-day window, so a tier reflects what you have been doing recently rather than what you did once. Trade more and you climb. Earnings already banked stay yours — a change in tier only affects the rate you earn from then on.

​
Which side is which

They do not feed each other. Your own trading never raises your referral tier, and your referrals’ trading never raises your cashback tier.

​
A third one, on some coins

Some pump.fun coins pay a share of every trade back to their holders. Dawn claims it for you automatically — see Pump.fun cashback.