> ## 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.

# All Tiers

> Every cashback and referral rung, what it takes to reach it, and what it pays.

Dawn has **two separate ladders**. You sit on a rung of each, and they are reached in different ways.

<Columns cols={2}>
  <Card title="Cashback tier" icon="rotate-left" href="/rewards/cashback">
    Set by **your own** 30-day trading volume. Decides how much of every fee you pay comes back to you.
  </Card>

  <Card title="Referral tier" icon="user-plus" href="/rewards/referrals">
    Set by the 30-day volume of the people **you invited directly**. Decides your Level 1 share.
  </Card>
</Columns>

Your own trading never moves your referral tier, and your network never moves your cashback tier.

## Cashback ladder

Seven rungs, on your own 30-day volume. The effective fee is what a [1% trading fee](/fees#the-trading-fee) actually costs you once cashback is back in your pocket.

| Tier         |  30-day volume | Cashback | Effective fee |
| ------------ | -------------: | -------: | ------------: |
| **Silver**   |   \$0 – \$8.5k |      25% |         0.75% |
| **Copper**   | \$8.5k – \$85k |      30% |         0.70% |
| **Ruby**     | \$85k – \$450k |      35% |         0.65% |
| **Gold**     |  \$450k – \$2M |      40% |         0.60% |
| **Platinum** |   \$2M – \$10M |      45% |         0.55% |
| **Diamond**  |  \$10M – \$50M |      50% |         0.50% |
| **Ultra**    |         \$50M+ |      55% |         0.45% |

## Referral ladder

Five rungs, on the 30-day volume of your direct invites. Only **Level 1** climbs; the two levels below it are flat at every tier.

| Tier         | 30-day referred volume | Level 1 | Level 2 | Level 3 |
| ------------ | ---------------------: | ------: | ------: | ------: |
| **Silver**   |           \$0 – \$450k |     25% |      3% |      2% |
| **Ruby**     |        \$450k – \$4.5M |     30% |      3% |      2% |
| **Gold**     |         \$4.5M – \$22M |     35% |      3% |      2% |
| **Platinum** |          \$22M – \$90M |     40% |      3% |      2% |
| **Diamond**  |                 \$90M+ |     50% |      3% |      2% |

<Note>
  The two ladders do not share their rung names. There is no Copper or Ultra on the referral side, and **Ruby** sits at \$85k of your own volume but \$450k of referred volume. Being Gold on one says nothing about the other.
</Note>

Referral shares are taken from the fee **left after the trader's own cashback** — see [what the share is taken from](/rewards/referrals#what-the-share-is-taken-from).

## How the window works

Both ladders read a **rolling 30-day window**. Each day, volume from more than 30 days ago drops out and the tier is recalculated, so your rung follows recent activity rather than a lifetime total.

<Tip>
  Dropping a rung changes what you earn **from now on**. Everything already credited stays yours — moving down never claws anything back.
</Tip>

## Where to see yours

Open **Rewards**. Each ladder shows your current rung, the next one, and how far along you are. Earnings from both land in one claimable balance — minimum **\$5**, once an hour. See [claiming](/rewards/overview#claiming).