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Refer traders to Polymarket Perps and earn a share of the trading fees they pay. Each account has one Perps referral code. Share your Perps link, and when a new trader opens Perps through it, your code is applied to their account automatically.
The program’s mechanics, attribution rules, invite limits, and other terms may change as the Perps referral program expands.

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How It Works

Every Perps account has one referral code. Your referral code and your Perps invite code are the same string, so the same link invites traders and credits you for the referral.
When someone opens Perps through your link, your code is applied to their account automatically. You start earning on the trading fees they generate after they are attributed to your code. A referral code can be applied only once. An account keeps the first code it is given and cannot switch to a different code later. You also cannot apply your own code.

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Rewards

You earn 20% of the trading fees paid by every Perps trader you refer. There is no cap on how much a single referred trader can earn you.

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Invite limits and unlocks

Each account can refer up to 25 people before volume-based tiers apply.
Your code starts with 10 available invites and automatically expands to a total limit of 25 after those 10 invites (with active users) are used. From there, you can unlock a total limit of 100 invites at $100,000 in combined eligible Perps volume, 250 at $500,000, and 500 at $1,000,000. Eligible volume includes your own Perps trading volume and volume generated by your direct referrals after they are attributed to your code. Indirect referrals do not count. The tier numbers are total invite limits, not additional invites. If you use every invite in your current tier, your code cannot accept another referral until you unlock the next tier. The maximum standard limit is 500 invites.

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Payouts

Referral earnings are paid out weekly. You can see referral payouts in your Perpetuals portfolio history.

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Find and Track Your Code

Your referral code is available from your profile and on Perps market pages, so you can copy and share it while you trade. The Perps referrals dashboard shows:
  • Invites used and remaining under your current limit
  • Progress toward the next volume-based invite tier
  • Total sign-ups, direct-referral trading volume, and referral earnings
  • Per-referral details, including the trader, registration time, and earnings

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Perps vs. Prediction Market Referrals

The Perps referral program is separate from the prediction market referral program. They use different codes and track earnings independently. Referring a Perps trader does not affect your prediction market referrals, and a prediction market referral does not affect your Perps referrals. Each program shows up in its own place.