COVE REWARDS

Trade more, pay less. Refer, and get paid.

A monthly program with two independent tracks. Cashback on your own fees, credited instantly in the native chain token. Referral fees from every trader you invite.

Start earning Program rules

SEPTEMBER · YOUR TIERSLIVE

Cashback · Platinum35%

$248K volumeEmerald at $500K

Referrals · Gold30%

$2.2M referredPlatinum at $5M

CASHBACK THIS MONTH
+2.14 SOL · +0.41 ETH
ACTIVE REFERRALS
37

CASHBACK

Six tiers on your own volume

Based on personal monthly trading volume. Tiers move up during the month as you trade; each new month recalculates from the last. Earned rewards stay yours.

SILVER

25%

cashback

$0 – $9,999 / mo

0.75% effective fee

GOLD

30%

cashback

$10K – $99K / mo

0.70% effective fee

PLATINUM

35%

cashback

$100K – $499K / mo

0.65% effective fee

EMERALD

40%

cashback

$500K – $1.99M / mo

0.60% effective fee

DIAMOND

45%

cashback

$2M – $9.99M / mo

0.55% effective fee

MASTER

50%

cashback

$10M+ / mo

0.50% effective fee

HOW IT'S CALCULATED

Cashback is paid on net fee, not volume.

Net fee = platform fee − sponsored execution costs

Cove collects the platform fee

1% on most chains, tiered on Ethereum and HyperEVM.

Sponsored costs are deducted

The gas and bridging Cove paid to execute the trade.

Your tier rate applies to what's left

Positive net fee earns cashback instantly. If sponsored costs exceed the fee, the shortfall shows as a negative adjustment — this keeps gas sponsorship sustainable.

$1,000 BUY ON BASE · GOLD TIER

Platform fee (1%)+$10.00
Gas sponsored−$0.40
Net fee$9.60
Cashback (30%)+$2.88 in ETH

$4 SELL ON BASE · HIGH GAS

Platform fee (1%)+$0.04
Gas sponsored−$0.53
Cashback adjustment−$0.49

REFERRALS

Up to 50% of every fee your invites generate.

Single-level and tracked separately from cashback. Tier is set by the monthly trading volume of users you directly invited. Tap Refer & Earn in the main menu for your link and live stats.

Get your referral link

SILVER $0 – $499K referred / mo 25%

GOLD $500K – $4.99M 30%

PLATINUM $5M – $24.99M 35%

EMERALD $25M – $99M 40%

DIAMOND $100M+ 50%