> ## Documentation Index
> Fetch the complete documentation index at: https://docs.dyxy.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Referral program

> Invite traders to DYXY. They save 10% on trading fees, and you earn 30% to 50% of the fees your network pays.

The DYXY referral program rewards both sides of an invitation:

* **Traders who join with a referral code** get a **10% discount on all trading fees**, on every product.
* **Referrers** earn a share of the trading fees paid by everyone they invite: **30%** to start, rising to **40%** and **50%** as their network's monthly volume grows.

> **[Trader discount](https://docs.dyxy.io/referrals/trader-discount.md)**
>
> How to use a code and save 10% on every trade.

> **[Referrer tiers](https://docs.dyxy.io/referrals/referrer-tiers.md)**
>
> How your share grows from 30% to 50%.

## How it works

**1. Create your code**

Open **Referrals** in the app and connect your wallet. Create a referral code, or use the one generated for you, and copy your referral link.

**2. Share it**

Send the link or the code to friends, your community or your audience.

**3. Traders join and save**

Anyone who connects through your link, or enters your code, is linked to you and pays 10% less on every trading fee.

**4. You earn on their trades**

Every time a trader you referred trades, you earn your tier's share of the trading fee they pay.

## What counts

Referral rewards come from **trading fees**: swaps, perps, stocks and trading bots. Pools, staking and lending have no DYXY fee, so they do not generate referral rewards.

## At a glance

| | Referred trader | Referrer |
| - | - | - |
| Benefit | 10% off all trading fees | 30% to 50% of referred traders' fees |
| Applies to | Every trade on every product | Every trade made by the referral network |
| Requirement | Join with a referral code | Share your code |
| Tier | None | Set monthly by the network's trading volume |

## The referral dashboard

The **Referrals** page shows:

| Metric | Meaning |
| - | - |
| **Your tier** | Your current reward share: 30%, 40% or 50% |
| **Traders referred** | How many wallets are linked to your code |
| **Network volume this month** | Trading volume of your referral network so far this month, and the progress to the next tier |
| **Rewards earned** | Total rewards earned, all time and this month |
| **Claimable** | Rewards ready to claim |

Below the metrics, a table lists your referred traders with their volume and the rewards each one has generated.


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