Payback
Payback is loweef's word for the fee share returned to you — the practical result of the rebate system: a daily USDT credit proportional to the trading fees you paid.
Where "rebate" describes the industry mechanism, payback describes the outcome you experience: money coming back. On loweef the flow is concrete — trade normally on a linked exchange, and each day's paid fees generate a corresponding USDT accrual at your exchange's total rate, visible in your dashboard and settled to your exchange account.
Payback is proportional by design. It is calculated from fees actually recorded by the exchange for your UID, never from projections, and displayed amounts are marked as estimates until settled. No trading volume, no payback; heavy volume, proportionally heavy payback.
The relationship to a generic rebate is simple: payback = rebate received, quoted at the total rate (50–67% across partners). The term exists because "your payback" reads more naturally in an interface than "your rebated fee share" — but on this site the two are the same thing, and the glossary entries for both cross-reference for that reason.