Trade More. Pay Less. The Velvet Way!
Earn up to 100% Cashback when trading on Velvet: Based on veVELVET and 30d Volumes
Introducing Velvet’s Fee Cashback System
DeFi trading should reward usage, not penalize it.
Today, we’re introducing Velvet Cashback, a new system that returns a portion or even all of your trading fees based on how you use the platform.
Stake, trade, or invite friends. Your activity on Velvet now directly reduces the fees you pay, with up to 100% fee cashback available.
At a Glance
Cashback is earned through two independent components
veVELVET staking
30-day rolling trading volume
Referral bonus of 15% cashback for new users in their first epoch
Cashback is capped at 100%
System is aligned with Velvet Gems Epochs
How Cashback Works on Velvet
Velvet Cashback is designed to reward consistent, real usage of the platform.
Each user earns cashback through two separate ladders. These are combined and capped at 100%, meaning highly active and aligned users can significantly reduce their trading costs over time.
Eligible volume includes all executed trades across Velvet Terminal and Velvet Portfolios.
Find your cashback by going to “Rewards” and then clicking on “Cashback.” There you will see the breakdown of your earnings, how much is needed to hit the next level, and the tokens you have received for Cashback!
Staking veVELVET
Staking veVELVET earns ongoing fee cashback. Balances are evaluated daily and cashback updates automatically.
This rewards users who align long term with the Velvet ecosystem.
Trading Volume Cashback
Based on 30-Day Rolling Volume
In addition to staking, users earn cashback based on their total trading volume over the last 30 days. This volume is continuously updated.
This approach avoids sharp resets and reflects sustained activity rather than one-off spikes.
Cashback scales smoothly with usage and adjusts automatically as activity changes.
Up to 100% Fee Cashback
Staking cashback and volume cashback are added together and capped at 100%.
For highly active users, this means trading fees can be reduced significantly and in some cases eliminated entirely.
Referral Bonus
Users who join Velvet for the first time receive 15% cashback for their first active month. This applies even if no trades are executed during that period.
After the first epoch, cashback is determined solely by staking and trading activity.
Where Cashback Applies
Cashback applies across all core Velvet actions, including:
Turbo trades
Classic trades
Limit orders
Portfolio rebalances
AI-assisted execution
And soon to come AI Portfolios
All qualifying activity counts.
Why We Built This
Most platforms reward short-term volume or activity that is easy to game.
Velvet rewards consistency, alignment, and real usage.
By tying cashback to staking and 30-day rolling volume, rewards flow to users who genuinely use the platform over time.
Get Started
Stake VELVET.
Trade on Velvet.
Your fees adjust automatically as your activity grows.
Welcome to Velvet.