Program Purpose

Earn rewards in USDC by referring new users to Derive. When your referred users trade, you receive a percentage of their net fees as a reward.

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Program Scope

• Earn 10% of your referred users’ net fees in USDC.
• Referral rewards are capped based on a maximum of 200k fees per referral.

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Reward Tokens

• Rewards are paid out in USDC.

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Eligibility

• The Referral Program is open to all Derive users. To qualify, simply share your referral link with new users who then begin trading on the platform.
• All referral rewards are based on the net fees generated by your referred users.
• All reward calculations are subject to an audit before distribution to ensure fairness and accuracy.

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How To Earn Rewards

• Share your unique referral link with friends, colleagues, or any potential traders.

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Reward Distribution

• Monthly Calculation: Referral rewards are calculated based on the previous month’s net fees.
• Distribution Timing: Rewards are distributed at the start of the month following the calculation period.

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Getting Started

1. Share Your Referral Link: Log into your Derive account and find your unique referral link. Share the link with potential new users.
2. Track Your Referrals: Monitor the trading activity and net fees generated by your referrals.
3. Receive Your Rewards: At the start of each month, receive your USDC rewards, 10% of the net fees generated by your referrals, subject to the 200k cap.