> For the complete documentation index, see [llms.txt](https://docs.bullpen.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bullpen.fi/rewards/polymarket-cashback.md).

# Polymarket Cashback

Earn cashback on Polymarket trading fees by moving up volume tiers.

Volume tiers are separate from BULL Points. You move up tiers through trading volume and referral volume. Higher tiers unlock more cashback on Polymarket fees.

### Polymarket Volume Tiers

| Volume Required | Cashback |
| --------------- | -------- |
| $0 vol          | 0%       |
| $300 vol        | 5%       |
| $2K vol         | 10%      |
| $5K vol         | 15%      |
| $10K vol        | 20%      |
| $20K vol        | 25%      |

### How Tiers Work

Your tier is determined by your total Polymarket trading volume on Bullpen. As your volume increases, you automatically move up and start earning the higher cashback rate.

Cashback is applied to Polymarket trading fees. The higher your tier, the more you earn back on every trade.

### Referral Bonus by Tier

Your tier also determines your referral commission rate:

| Tier     | Referral % |
| -------- | ---------- |
| $0 vol   | 30%        |
| $300 vol | 30%        |
| $2K vol  | 30%        |
| $5K vol  | 30%        |
| $10K vol | 35%        |
| $20K vol | 35%        |

At the $10K and $20K tiers, referrers earn a higher cut of their referrals' trading fees.


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