# stPEAR-based trading discounts (/fees/stpear-based-trading-discounts)





Staking \$PEAR into \$stPEAR (1:1, at [app.pear.garden/staking](https://app.pear.garden/staking)) unlocks tiered discounts on your Pear trading fees. The higher your staked balance, the lower your effective fee:

| stPEAR balance | Fee discount | Effective open/close fee |
| -------------- | ------------ | ------------------------ |
| 10,000+        | 5%           | 5.7 bps                  |
| 50,000+        | 10%          | 5.4 bps                  |
| 100,000+       | 15%          | 5.1 bps                  |
| 250,000+       | 20%          | 4.8 bps                  |
| 500,000+       | 25%          | 4.5 bps                  |
| 1,000,000+     | 35%          | 3.9 bps                  |
| 2,500,000+     | 50%          | 3.0 bps                  |

The discount is applied automatically at execution on your trade account. Pear reads your staked balance when you trade, so the tier updates live as you stake or unstake.

## Worked example [#worked-example]

The standard open fee is 0.06% (6 bps) of the total position size ([Trading fees](/fees/trading-fees)).

Example: you open a trade for \$10,000:

* Default open fee: **\$6.00** (6 bps).
* Holding 50,000+ stPEAR (10% discount): **\$5.40**.
* At the top tier (50% discount): **\$3.00**.

The discount stacks with the referral discount (see [Referrals](/fees/referrals)).

<Callout>
  Volume-based rebates ended with the V3 launch and no longer stack on top of stPEAR discounts.
</Callout>

## What staking is for now [#what-staking-is-for-now]

Fee discounts are one of the current benefits of staking. Under PIP-3 (January 2026), staking no longer earns a share of protocol revenue in ETH. Revenue now flows to weekly \$PEAR buybacks, permanent burns, and liquidity provision (70%) and the DAO treasury (30%). Staked \$PEAR now provides:

1. **Tiered trading-fee discounts**: this page.
2. **Access-based benefits**: priority entry into Pear vaults.
3. **Governance weight**: staked balance drives voting power on proposals.

Unstaking is subject to an exit-fee taper (20% within 1 day, 5% within 7 days, 1% within 30 days, 0% thereafter), with penalties redistributed pro-rata to remaining stakers. See [Staking](/tokenomics/staking) and [PEAR and stPEAR](/tokenomics/token).