Where it comes from
Fomo pays a code owner 25% of the trading fees of the people who sign up with their code (Fomo's referral rules). The DEAL code owner gives half of that to you. The 10% discount is the same for every code; the cashback is only with DEAL.
Calculator by monthly volume
| Monthly volume | No code | DEAL fee | Cashback | Net | You save |
|---|---|---|---|---|---|
| $10,000 | $50.00 | $45.00 | $5.63 | $39.37 | $10.63 |
| $25,000 | $125.00 | $112.50 | $14.06 | $98.44 | $26.56 |
| $50,000 | $250.00 | $225.00 | $28.13 | $196.87 | $53.13 |
| $100,000 | $500.00 | $450.00 | $56.25 | $393.75 | $106.25 |
| $250,000 | $1,250.00 | $1,125.00 | $140.63 | $984.37 | $265.63 |
| $500,000 | $2,500.00 | $2,250.00 | $281.25 | $1,968.75 | $531.25 |
When you get paid
Every month you get the cashback you built up, even small amounts: trading $10,000 a month is about $5.63 a month. The first monthly payout is in the first week of November 2026. Once your unpaid balance reaches 50 USDC (400 USDC of fees, about $89,000 of trading in a month), it's paid every week instead, at the weekend.
It's sent to your Fomo account in USDC, directly inside the Fomo app; there's nothing to sign up for. It counts the fees Fomo charges you on spot and perps trades (not network fees, and not Hyperliquid's own perps fee).
Proof the code owner pays
The code owner already pays referred users real money. Below: payouts sent to DEAL users on 17 October 2026, and seven $50 payouts sent on 20 September 2026. Names are hidden for privacy.
Full terms: DEAL cashback terms.
Questions
Does the code owner actually pay?
Yes. This page shows payouts already sent to DEAL users on 17 October 2026, and seven $50 payouts sent on 20 September 2026, with names hidden.
Is DEAL cashback paid by Fomo?
No. It's paid by the DEAL code owner from the referral commission.
What is the minimum cashback payout?
There's no minimum. Balances under 50 USDC are paid once a month, whatever the amount; from 50 USDC it's paid every week.