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Referral System

Earn rewards from three levels of your referral network - direct, indirect, and extended.
Your referral rewards scale with your tier:
Rates Range:
  • L1 (Direct): 5% → 50%
  • L2 (Indirect): 1% → 5.5%
  • L3 (Extended): 0.25% → 2.5%
  • Referral bonus: Join via referral and get +35% cashback during your first 30 days

Referrals Formula

direct referrals = net fee * direct referrals rate indirect referrals = (net fee – direct referrals) * indirect referrals rate extended referrals = (net fee – direct referrals - indirect referrals) * extended referrals rate

Cashback

Every trade earns cashback based on your User Tier
TierNet Spot FeeCashbackSpot Trading Volume (30d)Referrals Trading Volume (Spot 30d)Rewards from referrals feesL1L2L3
Believer0.86%5%< $10k< $50k5%5%1%0.25%
Survivor0.81%10%$10k – $50k$50k – $200k10%10%1.50%0.50%
Ape0.77%15%$50k – $100k$200k – $500k15%15%2%0.75%
Alpha0.72%20%$100k – $200k$500k – $1m20%20%2.50%1%
Sensei0.68%25%$200k – $500k$1m – $2m25%25%3%1.25%
Kingpin0.63%30%$500k – $1m$2m – $5m30%30%3.50%1.50%
Wizard0.59%35%$1m – $5m$5m – $10m35%35%4%1.75%
Legend0.54%40%$5m – $20m$10m – $30m40%40%4.50%2%
Apex0.50%45%$20m – $50m$30m – $70m45%45%5%2.25%
GOAT0.45%50%> $50m> $70m50%50%5.50%2.50%
*Base trading fee is 0.90% across all tiers. Your tier depends on any of the following (meeting one requirement is enough to level up):
  • 30-day spot trading volume
  • Referral trading volume (spot)
The higher your tier, the higher your cashback rate: Cashback Range: 5% → 50%

Cashback Formula

cashback = (trading volume fee) cashback rate net fee = fee - cashback