Referral

With the tradeify referral program, referrers can earn rebates from referee’s trading fees, and traders (referees) can enjoy trading fee discounts by using a referral code.

In the referral tier system, everyone starts with the tier 1 code with no threshold, and users can level up the tier by fulfilling specific criteria. The referral rebate rate goes up to 15%, and the trading fee discount goes up to 10%.

Tier	Your Rebate Rate	Referee's Discount
Tier 1	5%	5%
Tier 2	10%	10%
Tier 3	10%	15%

To upgrade:

• Tier 2: At least 15 active users using your referral codes per week and a combined weekly volume above $5 million

• Tier 3: At least 30 active users using your referral codes per week and a combined weekly volume above $25 million

The referral rebates and trading fee discounts are derived from perpetual trading position open and close fees; the open and close fee rates are 0.1% of the position size. Additionally, the rebates and discounts don’t apply to the spread on SUI position.

Regarding trading fee discounts, traders can apply referral codes to their accounts; the trading fees will be discounted based on the rate of the code.

The referral rebates and trading fee discount will airdrop to users’ recipient addresses weekly in the form of SUI tokens.