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Individual traders, community partners, and integrators can earn “broker” fees when they generate trading volume on Derive. The broker fees scheme is a flexible fee-share model: partners earn a percentage of the exchange fees on every trade a referred user makes, not just on account creation. Referrals attach to individual orders and quotes via the referral_code field, so a single wallet can generate broker fees for multiple integrators depending on which client submitted each trade.

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How to earn broker fees

1

Register for the broker program

Complete the API Broker application form.You may start generating broker fees before your application is fully approved, but you must submit the application within two weeks of your first referred trade to remain eligible.
2

Find your referral code

Your default referral code is your Derive Wallet address. You can find it in the app under Home → Developers. You may also register a custom human-readable code on the application form.Codes are case sensitive.
3

Pass referral_code on every order

Place your referral code (or your Derive Wallet address) in the referral_code field when submitting orders via private/order, quotes via private/send_rfq, or any other order-writing method. The field is supported over both WebSocket and HTTP POST.Brokers may also refer users via “referral links” generated by the UX. These links automatically fill in the referral_code field on trades placed from the linked session.

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Viewing your rewards

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Fee tiers

You earn 10% of net trading fees from your first referred trade. Higher tiers unlock automatically when your 28-day volume or stDRV holdings cross the thresholds below.

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How the reward is calculated

Fee share is taken from the net trading fees earned by the exchange, after any reduced fee tiers and market maker rebates. Rewards are calculated per trade:

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Builder fees on top

Integrators approved for the API Broker program can also charge an additional builder fee on their users’ orders through the extra_fee field. Builder fees are paid on top of broker fees and passed directly to the integrator’s Derive Wallet.

Builder Fees

How to charge extra_fee and receive it on the 4-week payout cycle.

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Referrals

The referral_code field on orders and quotes is the referral mechanism exposed through the V3 API. Brokers can share invite links generated by the app that pre-fill the field. Multi-level invite endpoints from the legacy V2 API are not part of the V3 surface.
Rewards, thresholds, and the program itself are subject to change. All applicants are subject to review and approval by the Exchange. Participation is opt-in and requires providing all information requested on the application form.

Builder Fees

Charge your own fee on top of exchange and broker fees.

Trading Fees

Base fees that determine the pool broker rewards are drawn from.