# Fees

We keep fees simple, transparent and designed to reward active users – especially those who hold <mark style="color:$primary;">**$TRADE**</mark>.

#### Memecoin Trading

* **Base Fee:** The industry rate of 1% per trade.
* **Cashback**: anyone who trades on **trade**<mark style="color:$primary;">**dot**</mark>**fun** automatically gets 25% cashback.
* Applies to all buys and sells through on-chain memecoin pairs.
* Eligible for **tier-based cashback** (see below).

#### Perps & Spot

* **Base Fee:** 0.01% per trade.
* Applies to all trades executed via **Hyperliquid Hypercore.**
* Also benefits from **cashback** based on your <mark style="color:$primary;">**$TRADE**</mark> tier.

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#### Holder Tier Discounts

Your fees get automatically reduced based on the amount of <mark style="color:$primary;">**$TRADE**</mark> you hold:

| Tier    | Cashback |
| ------- | -------- |
| Bronze  | 15%      |
| Silver  | 20%      |
| Gold    | 25%      |
| Diamond | 35%      |

> Example: A Diamond Tier user trading memecoins makes a $1000 trade and pays $10 in fees. With 35% cashback, they receive $3,5 as cashback.

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**The more&#x20;**<mark style="color:$primary;">**$TRADE**</mark>**&#x20;you hold, the less you pay —  and the more you earn.**\
Fees fuel daily buybacks, point rewards and the continued growth of the **trade**<mark style="color:$primary;">**dot**</mark>**fun** platform.