# Referral Program The referral program aims to incentivize users for bringing new traders to the Deri Protocol, by offering competitive rewards to both the referrers and traders, making it a win-win-win situation for the 3 parties involved. In this article, we’ll provide an overview of the Referral Program, illustrate its reward architecture, and guide you on joining the program. ## How to Join the Program The **Referrals** page can be accessed from the **More** dropdown in the top navigation bar. After connecting your wallet, click the **Copy Invite Link** button in the top-left corner to generate and copy your unique referral link. You can then copy the link to your clipboard and share it wherever you prefer.
A referral relationship is established when a user accesses Deri Protocol via your referral link, connects their wallet, and completes a deposit OR a trade on the Lite version. The user will then be permanently associated with you as a referee, and all eligible activity will count toward your commission. ## Referral Tiers The Referral Program offers a tiered rewards system, encouraging participants to contribute more to Deri Protocol and earn higher rewards. The tiers are as follows: #### Bronze Tier * 10% of your friends' trading fees as commissions * 5% trading fees refund for your friends #### Silver Tier * 15% of your friends' trading fees as commissions * 5% trading fees refund for your friends * You must have invited 10+ qualified traders OR your friends must have generated more than $250 in trading fees #### Gold Tier * 20% of your friends' trading fees as commissions * 5% trading fees refund for your friends * You must have invited 25+ qualified traders OR your friends must have generated more than $1,000 in trading fees To be counted as a "qualified trader", your friend must have accumulated at least $5 in trading fees. {% hint style="success" %} The commissions on trading fees will be earned even if the referred trader has not yet become a "qualified trader". {% endhint %} ### Example with Trading Fees Bob invites his friends Alice and Charlie with his unique referral link. 1. **Initial trades (Bronze Tier)**\ Alice makes a trade with a trading fee of 20 USDC. She receives a 5% refund (1 USDC), while Bob earns a 10% commission (2 USDC) under the Bronze tier.
2. **Accumulating trading fees**\ As Alice and Charlie continue trading, they generate a total of 248 USDC in trading fees. Bob earns 24.8 USDC in commissions (10%) during this period.
3. **Tier upgrade to Silver**\ Charlie executes another trade with a 50 USDC trading fee. bringing the total trading fees generated by Bob’s referees above $250. Bob now qualifies for the **Silver tier**, and the upgrade takes effect immediately. * Charlie receives a 5% refund (2.5 USDC) * Bob earns a 15% commission (7.5 USDC) on this trade 4. **Continued growth** As Alice and Charlie continue trading and generate more fees, Bob may qualify for higher tiers, allowing him to earn increased commission rates on future trades. ### Example with Qualified Traders Bob invites multiple friends to Deri Protocol using his unique referral link. 1. **Initial activity (Bronze Tier)** After a few days, 12 of Bob’s friends have connected their wallets and started trading on Deri. Together, they have generated 50 USDC in trading fees. * 8 of Bob’s friends have each generated at least 5 USDC in trading fees and are counted as **qualified traders** * The remaining 4 have generated less than 5 USDC and are not yet qualified At this point, Bob has **8 qualified traders** and remains in the **Bronze tier**, earning 5 USDC in commissions (10%).
2. **Reaching Silver Tier** Alice executes a trade with a 6 USDC trading fee. She receives a 5% refund (0.3 USDC) and becomes a qualified trader.
Charlie then executes a trade with an 8 USDC trading fee. He receives a 5% refund (0.4 USDC) and also becomes a qualified trader.
With both Alice and Charlie now meeting the qualification criteria, Bob reaches **10 qualified traders** and qualifies for the **Silver tier**.
The tier upgrade takes effect immediately. * For Charlie’s trade, Bob earns a 15% commission (1.2 USDC) * Future trades will continue to earn commissions at the Silver tier rate 3. **Continued growth** As Bob invites more users and more referees become qualified traders, he may progress to higher tiers and earn increased commission rates. Once a user becomes a qualified trader, they will continue to be counted as such. ## How Tier Upgrades Work * Tier upgrades take effect immediately once the required conditions are met. * Commissions from that point onward are calculated based on the new tier. * Tier levels do not decrease, and previously earned commissions are not recalculated. ## Rewards Distribution Referral rewards are not distributed in real time. They are settled on a weekly basis and become available to claim once settlement is completed. Users can claim their available rewards on the same page.
{% hint style="info" %} Tier upgrades take effect immediately, while rewards are settled weekly. {% endhint %} ## Trading Refunds If you have been referred and are eligible for trading fee refunds, you can view and claim them directly from your account page. Similar to referral rewards, trading refunds are settled on a weekly basis and become available to claim after settlement. Claiming your refunds will transfer the corresponding USDC amount to your Web3 wallet. ## Affiliate Program If you believe you can drive significant trading activity to Deri, we offer an Affiliate Program that provides enhanced rewards for both you and your referees. Applicants are expected to meet at least one of the following criteria: * **Social media influencer** with 5,000+ followers on at least one platform * **Community manager** with 500+ members focused on crypto trading (derivatives experience is a plus) * **Professional or organization** with an established user base or network in crypto trading, such as: * Crypto funds * Educational communities * **On-chain protocol** with at least 500+ daily active users (DAU), such as: * Decentralized exchanges * Lending protocols * Insurance protocols * Meme marketplaces * LST / LRT projects ## Why Apply as an Affiliate? Benefit from higher commission rates and dedicated support as you scale trading activity on Deri.\ Work closely with our team to expand your reach within the ecosystem. If you are interested in joining the Affiliate Program, please contact our team via Discord or Telegram. {% hint style="info" %} Applications are evaluated based on the ability to drive meaningful trading volume or onboard a significant number of users. {% endhint %} The Referral Program is open to all users and offers rewards for eligible trading activity. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.deri.io/library/referral-program.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.