What are Asset Rewards?

Asset Rewards allow eligible customers to earn rewards on certain eligible stablecoin balances held in their Gemini Exchange Spot accounts or Gemini Exchange Derivative¹ accounts.

Who is eligible?

Currently, customers in Australia and all U.S. states except New York may be eligible.

Which assets are supported?

RLUSD is currently supported. The Asset Rewards program may expand to additional or alternative stablecoins and is subject to change.

How do Asset Rewards accrue and when are they paid out?

Rewards accrue daily and are paid monthly in the following calendar month. For example: rewards accrued each day for the entire month of December will be paid out as a single payment in January.

Note that rewards accrued daily are not paid out daily to your balance.

Where can I see the payout history?

You will be able to view each monthly reward payout in your Transaction History.

What’s the current Asset Rewards rate?

Eligible customers may earn up to 4.00% APR on their eligible balances, based upon market conditions and other discretionary factors. Please be aware that this rate is variable, not guaranteed, and subject to change at Gemini’s discretion.

How do I opt in or out of Asset Rewards? Is there a fee?

You may opt in or out of Asset Rewards at any time through Settings. Gemini does not charge a fee for participating in Asset Rewards or receiving reward payouts.

What happens if I opt into Asset Rewards in the middle of the month?

If you opted in by the end of the month, you will earn rewards for the full month regardless of which day of the month you opted in.

What happens if I opt out of Asset Rewards in the middle of the month?

If you opt out of Asset Rewards in the middle of the month and do not opt back in before the end of that calendar month, you will not be eligible for rewards for that entire month. Similarly, if your account is closed or terminated before the end of a given month, any rewards for that month will be forfeited.

How are the daily reward accruals calculated?

• Your daily rewards accrual will be based on the Minimum Confirmed Balance in your account over each 24-hour period (starting at 00:00:00 UTC daily).
• Daily rewards values are not guaranteed, are variable, and are subject to change.

What is Minimum Confirmed Balance?

The Minimum Confirmed Balance equals the lowest eligible balance in your account over each 24-hour daily period. Confirmed balances exclude pending deposits, advances, etc.

Can I choose what asset my rewards will be paid out in?

No. Rewards are paid in the same asset that earned the reward. For example, if you hold RLUSD, you will earn rewards in RLUSD.

Can I still withdraw or trade the eligible asset while participating in Asset Rewards?

Yes — you can withdraw or trade anytime. As long as you are still opted into Asset Rewards, Gemini will continue to track your Minimum Confirmed Balance to calculate rewards accurately.

Can I withdraw or trade reward payouts?

Yes, once the rewards are paid out, you can withdraw or trade the reward as usual. A withdrawal will reduce your future rewards potential but won’t affect rewards already accrued.

Will my assets be transferred out of my Gemini account in order for me to participate in Asset Rewards?

No, Gemini will not transfer your assets out of your account in order for you to be eligible for Asset Rewards. Your assets will remain in your Gemini account.

¹ In order to trade derivatives, including perpetuals, you must reside or be incorporated in a country in which Gemini Derivatives is available and not be physically located in the United States or otherwise characterized as a U.S. Person, according to the Commodities and Futures Commission’s definition.