Referrals

Referral volume rewards are being tracked, with claims coming soon. Referral loss refund rewards are currently live and functional on Omni.

On Omni, users that refer other traders earn rewards in USDC based on the activity of their referrals and their account's reward tier. Referral code uses are distributed once per week.

Referral Volume Rewards

Omni users get a percentage of the volume their referrals trade depending on their reward tier.

Tier	Referral Rate (bps)	Referral Rate (%)	Example Reward for $1m Referred Volume
No Tier	0.1 bps	0.001%	$10
Bronze	0.16 bps	0.0016%	$16
Silver	0.21 bps	0.0021%	$21
Gold	0.28 bps	0.0028%	$28
Platinum	0.38 bps	0.0038%	$38
Diamond	0.5 bps	0.005%	$50
Grandmaster	0.75 bps	0.0075%	$75

Referral Loss Refund Rewards

Omni users get a percentage of the loss refunds their referrals receive depending on their reward tier. This reward is additive, and does not take any of the referrals' loss refunds away.

Tier	Loss Refund Referral Rate (bps)	Loss Refund Referral Rate (%)	Example Reward if Referral Gets $1k Loss Refund
No Tier	25 bps	0.25%	$2.5
Bronze	50 bps	0.5%	$5
Silver	125 bps	1.25%	$12.5
Gold	250 bps	2.5%	$25
Platinum	500 bps	5%	$50
Diamond	750 bps	7.5%	$75
Grandmaster	1000 bps	10%	$100