> ## Documentation Index
> Fetch the complete documentation index at: https://docs.dawn.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Rewards

> Cashback on your own fees, referral earnings from your network, and how to claim.

Dawn pays two kinds of reward, and they are earned separately.

<Columns cols={2}>
  <Card title="Cashback" icon="rotate-left" href="/rewards/cashback">
    A share of **your own** trading fee, back to you. From **25%** to **55%**, by your 30-day volume.
  </Card>

  <Card title="Referrals" icon="user-plus" href="/rewards/referrals">
    A share of the fees paid by people you invite — and by the people **they** invite, three levels deep.
  </Card>
</Columns>

Both accumulate into one **claimable** balance. Open it with **Rewards** on the home screen.

## What the Rewards screen shows

```text theme={null}
🎁 Rewards

💰 Cashback
├ Tier: Copper
├ Cashback Rate: 30%
└ Total Earned: $412.50

👥 Referrals
├ Tier: Silver
├ Referrals: 14
└ Total Earned: $88.20

💰 Claimable: $63.10
```

| Line             | What it means                                       |
| ---------------- | --------------------------------------------------- |
| **Tier**         | Which rung you are on right now                     |
| **Rate**         | The share you are earning at that rung              |
| **Total Earned** | Everything you have ever earned on that side        |
| **Claimable**    | What is waiting to be paid out, both sides together |

## Claiming

Tap **Claim** on the Rewards screen. The payout arrives as **USDC on your balance**, usually within a minute.

|               |               |
| ------------- | ------------- |
| Minimum claim | **\$5.00**    |
| How often     | Once per hour |

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

|               | Measured on                          | Paid on                            |
| ------------- | ------------------------------------ | ---------------------------------- |
| **Cashback**  | Your own 30-day volume               | Your own trades                    |
| **Referrals** | Your direct referrals' 30-day volume | Their trades, and their referrals' |

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](/rewards/pump-fun).