> ## Documentation Index
> Fetch the complete documentation index at: https://docs.decibel.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Live Campaigns

> Campaigns that are active today and distributing rewards — First Trade on Us; Global Warming, Home Cooling; Liquidation Rebate; and Maker Rebate.

These campaigns are active today and distributing rewards. See [How Rewards Work](/rewards/overview#how-rewards-work) for the claim flow.

<Tip>**Active now — distributing rewards today.** The campaigns below are live. The **/rewards** page is coming soon; in the meantime, active rewards are delivered via **"Claim now" pop-ups** inside the [Decibel app](https://app.decibel.trade/trade). Keep an eye out for those. Once **/rewards** ships, you'll be able to review and claim all eligible rewards from one page.</Tip>

## First Trade on Us <Badge>Live</Badge>

Try a real BTC trade with **zero downside**. Deposit \$250–\$5,000 in USDC to receive one Trade on Us credit for a **sponsored 2-minute BTC position**. If the position closes in profit, the profit is credited to your Decibel account. If it closes at a loss, nothing is deducted from your deposit. Your deposit remains available to trade, but withdrawals are unavailable for the period of time corresponding to the leverage selected.

|                        |                                                                    |
| ---------------------- | ------------------------------------------------------------------ |
| **Reward**             | Profit generated by the sponsored 2-minute BTC position            |
| **Duration**           | July 21 – October 21, 2026                                         |
| **Who's Eligible**     | Traders who have not previously claimed a First Trade on Us credit |
| **Entry Requirements** | Deposit \$250 – \$5,000 in USDC and choose position leverage       |

**How it works:**

<Steps>
  <Step title="Deposit $250–$5,000">
    Log in or sign up at [app.decibel.trade](https://app.decibel.trade/), then visit [app.decibel.trade/rewards/first-trade-on-us](https://app.decibel.trade/rewards/first-trade-on-us). Deposit between \$250 and \$5,000 in USDC to receive one trade-on-us credit.
  </Step>

  <Step title="Choose your position leverage">
    Choose from leverage options (20x, 30x, or 40x). Your deposit amount determines the size of the sponsored BTC position, from \$50 to \$1,100. Your selected leverage determines how long your deposit has to remain in your trade balance. With higher leverage, you unlock more potential profit from the same BTC price movement (see the table below).
  </Step>

  <Step title="Use your Trade on Us credit">
    Once you've deposited and chosen your leverage (and corresponding lock period), confirming your selections will redeem your Trade on Us credit and open your position. The BTC position will remain open for 2 minutes and then will be closed. The direction — long or short — is set automatically; you don't place or manage the trade yourself.
  </Step>

  <Step title="Keep the profit — losses are covered">
    BTC's price will move during the two-minute position. If the position closes in profit, the profit is credited to your Decibel account in USDC. If it closes at a loss, nothing is deducted from your deposit. The most the trade can cost you is \$0.
  </Step>

  <Step title="Keep using your deposit">
    Your deposit (and any profit from your trade) remains your USDC. You cannot withdraw it until your selected period ends, but it remains available for you to place your own trades on Decibel. Any trades you place yourself are separate from the sponsored position and carry normal trading risk. Losses from your own trades are not covered by the campaign. When your selected period ends, you can withdraw any remaining funds.
  </Step>
</Steps>

**Leverage by Lock Period:**

| Lock Period | Leverage |
| ----------- | -------- |
| 1 day       | 20x      |
| 4 days      | 30x      |
| 7 days      | 40x      |

**Eligibility:**

* Must be 18 or over.
* Not available in the United States, Ontario (Canada), or other restricted jurisdictions. Other terms and eligibility conditions apply.
* Limit one (1) trial credit per wallet address.

This campaign is subject to the Decibel [Terms of Service](https://decibel.trade/terms-of-service) and the ["First Trade on Us" Campaign Rules](https://info.decibel.trade/first-trade-rules).

***

## Global Warming, Home Cooling <Badge>Live</Badge>

Summer is here! Decibel is giving away **5 AC units, or \$1,500 cash equivalent each**, to traders who sign up for a new Decibel account using the code below and meet the deposit and trading volume requirements during the campaign.

|                        |                                                                        |
| ---------------------- | ---------------------------------------------------------------------- |
| **Reward**             | 1 of 5 AC units or \$1,500 cash equivalent                             |
| **Duration**           | 3 weeks (July 7 – July 28, 2026)                                       |
| **Who's Eligible**     | New sign-ups using code `NEEDAC` who meet the entry requirements below |
| **Entry Requirements** | Deposit \$500+ and trade \$25,000+ notional volume                     |

**How to enter:**

* Sign up at [app.decibel.trade/r/NEEDAC](https://app.decibel.trade/r/NEEDAC) using code `NEEDAC`.
* Deposit \$500+ and trade \$25,000+ USD notional volume within the campaign window.
* 5 lucky-draw winners are drawn from eligible entrants at the close of the campaign.

**Eligibility:**

* Must be 18 or over.
* Not available in the US or other restricted jurisdictions. Other terms and eligibility conditions apply.

This campaign is subject to the Decibel [Terms of Service](https://decibel.trade/terms-of-service) and the ["Global Warming, Home Cooling" Campaign Rules](https://info.decibel.trade/needactcs).

***

## Liquidation Rebate <Badge>Live</Badge>

Got liquidated? Decibel is giving you a second chance. If your account was liquidated on Decibel, you're eligible for a rebate of 50% of your liquidated margin, up to \$1,000 per account. Redeposit, place a trade, and claim your rebate. This campaign runs each month until the reward pool is exhausted.

|                    |                                   |
| ------------------ | --------------------------------- |
| **Reward**         | 50% of liquidated margin          |
| **Frequency**      | Recurring monthly                 |
| **Who's Eligible** | Any account liquidated on Decibel |
| **Cap**            | Up to \$1,000 per month           |

**Eligibility:**

* Your account must have been liquidated on Decibel within the current or previous campaign period.
* You must redeposit and place at least one new trade after the liquidation event.
* Rebate caps at \$1,000 per account per period.

**How it works:**

* At the end of each monthly period, liquidation events are reviewed, and rebate amounts are calculated for eligible accounts.
* Eligible users receive an in-app notification when their rebate is ready to claim.
* Visit **/rewards** and click "Claim" to credit the rebate to your trading account.
* Unclaimed rebates expire at the end of the month following the qualifying liquidation event.

***

## Maker Rebate <Badge>Live</Badge>

Decibel rewards accounts that add depth to the order book. If you maintain an **80%+ maker ratio** with bulk orders over a weekly period, you will receive a **0.5 bps rebate** on your maker fill volume. This is a direct rebate paid on top of standard fees… not points, not speculation.

|                    |                                              |
| ------------------ | -------------------------------------------- |
| **Reward**         | `0.5 bps` on bulk order maker fill volume    |
| **Frequency**      | Recurring Weekly                             |
| **Who's Eligible** | Accounts with ≥80% maker ratio & bulk orders |
| **Cap**            | \$25K per month                              |

**Eligibility:**

* Your maker ratio must be 80% or higher for the weekly period, measured by fill volume from bulk (batch) orders.
* Only maker fill volume from bulk orders counts. Standard single-order fills are excluded.
* If total qualified rebates exceed the weekly cap, payouts are distributed pro rata.

**How it works:**

* At the end of each week, qualifying maker volume and rebate amounts are calculated per account.
* Allocations are published on-chain, and a claim notification appears in-app.
* Visit **/rewards** and click "Claim" to credit the rebate to your trading account.
* Unclaimed weekly rebates expire at month-end.

<Warning>**Disclaimer:** This communication is for informational purposes only and is not financial, investment, legal, or tax advice. Participation in any Rewards program or Campaign may involve significant risk. This is not an offer or solicitation to buy or sell digital assets. Trading perpetual contracts and engaging with DeFi protocols involves significant risk, including the potential loss of all funds. Past performance isn't indicative of future results. Always do your own research before making any financial decisions.</Warning>
