Updated 23 October 2026 · Facts checked on Fomo's help center, 23 October 2026
Fomo Cashback With Code DEAL
Fomo pays no cashback. With referral code DEAL, the code owner pays back 12.5% of the Fomo fees you pay, in USDC. That's half of the 25% referral share Fomo pays the code owner, passed on to you.
- Referral code
- DEAL
- Fomo's discount
- 10% off trading fees: 0.50% becomes 0.45% per trade
- Extra with DEAL
- 12.5% of your Fomo fees back in USDC, paid by the code owner
- When it works
- Only when the account is created
- Last checked
- 23 October 2026, against Fomo's help center
The terms in short
- Rate: one eighth (12.5%) of Fomo's own fee on each of your spot and perps trades, on any Fomo network, Arc included.
- Left out: blockchain network fees, and the fee Hyperliquid itself takes on perps.
- Schedule: paid out monthly even if it's only cents. Once 50 USDC or more is waiting, it switches to weekly, at the weekend. The first monthly round is in the first week of November 2026.
- Delivery: as USDC, straight into your Fomo balance in the app. No form, no wallet address.
- Duration: counted from your first trade, open-ended.
- Full terms: DEAL cashback terms.
Examples
| Monthly trading | Your Fomo fees (0.45%) | Cashback (12.5%) |
|---|---|---|
| $5,000 a month | $22.50 | $2.81 |
| $25,000 a month | $112.50 | $14.06 |
| $89,000 a month | $400.50 | $50.06 |
Payouts go weekly once the unpaid cashback waiting at a payout check reaches 50 USDC; a month's volume alone doesn't decide it.
Payout log
| Date sent | Payments | Total | What it was |
|---|---|---|---|
| 17 October 2026 | 7 x $50.00 | $350.00 | $50 sent upfront to early DEAL users who traded |
| 20 September 2026 | 7 x $50.00 | $350.00 | $50 sent upfront to early DEAL users who traded |
| First week of November 2026 | – | – | First monthly 12.5% fee cashback payout (scheduled) |
Sources
- Fomo: how referral codes and fee discounts work, checked 23 October 2026
- Fomo: trading fees, checked 23 October 2026
- DEAL cashback terms (set by the code owner, not by Fomo)
Questions
Does Fomo give cashback?
No. Fomo's referral program gives a new user 10% off fees and nothing else.
Who pays DEAL's cashback?
The DEAL code owner, out of the referral share Fomo pays them.
Has the code owner paid anyone yet?
Yes: 14 payments of $50.00 ($700.00) to DEAL users, seven on 20 September 2026 and seven on 17 October 2026. The monthly 12.5% cashback starts in the first week of November 2026.
Is there a minimum payout?
No. Small balances are paid monthly, even a few cents.