🎁Referral Program

In order to help grow the user base of our perp exchange, we will create a referral program that rewards anyone who onboard new users. Referrers will receive cash rewards, paid weekly in USDT, as a percentage of trading fees paid by their referred users. We employ a Tier structure that rewards you proportionally higher as you bring more activity to the perp exchange.

Referral Tiers

Tier1

Benefits: 10% rebate on fees paid by referred users

Requirement: Base tier (No requirement)

Tier2

Benefits: 15% rebate on fees paid by referred users

Requirement: At least 15 active users used your referral code and had a weekly combined volume of $2.5 million

Tier3

Benefits: 20% rebate on fees paid by referred users

Requirement: At least 30 active users used your referral code and had a weekly combined volume of $10 million

Anyone will be able to sign up and generate their personal referral code directly on the Referral section of the website.

Any user of a referral code will enjoy a 5% discount on the trading fee for the first 4 weeks of their sign up. (If a user signs up during the 0-fee trading period, their discount benefit will start after the 0-fee trading period ends).

Note:

• Referral Tiers are independent from Trading Tiers.

• While you’ll be able to start creating / sharing your referral code right away, the referral rewards will only become available to you after the 0-fee trading promotion ends.

• An active user is defined as a unique wallet address that makes at least 1 trade in a week (weekly cutoff on Thursdays).

• Rebate amounts are calculated before any trading discount is applied.

• Borrowing interest and funding rate are not tracked under the referral program.

Example:

Alice has 3 active referred users in a given week: Bob, Carol, and Dave.

Bob’s trading volume: $30k

Carol’s trading volume: $2Mn

Dave’s trading volume: $100k

Since Alice has 3 active users using her referral code, she is in Tier1 and will receive a 10% rebate from the trading fees paid by her referred users (before any trading discount applied).

($30k + $2,000k + $100k) * 0.09% trading fees * 10% rebate = $191.70