# Volume Based Cashback

Traders will receive weekly cashback on trading fees based on their weekly trading volume, paid in USDC. Cashback is calculated on fees paid during the week and distributed at the end of each epoch.

This system rewards active trading independently of staking participation, providing immediate benefits to high volume users. Stakers will get both the Volume Based Cashback and the Staking Based Discounts. The Cashback will get calculated on the discounted fees.

Please note:

* The cashback does not apply to option and pre launch market fees;
* If the proposal is approved, the PERPS standard trading fees will be reduced \
  from

  * 0.05% maker - 0.08% taker

  to

  * **0.03% maker - 0.06% taker.**

  All proposed amounts are subject to periodic review by the Growth and Marketing Management Committee.

| Tier   | Weekly Volume            | Cashback |
| ------ | ------------------------ | -------- |
| Tier 1 | $0 - $500,000            | 0%       |
| Tier 2 | $500,001 - $5,000,000    | 1%       |
| Tier 3 | $5,000,001 - $10,000,000 | 1.5%     |
| Tier 4 | $10,000,001+             | 2%       |


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# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://agp.aevo.xyz/approved-proposals/agp-3-aevonomics/proposal/new-reward-systems/trading-rewards/volume-based-cashback.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
