Referrals

Share a code, earn a share of what your referrals earn. Both sides are paid in dfPOINTS.

Referrals connect two wallets: the referrer who owns a code, and the referee who binds to it. Once bound, both sides draw from dedicated pools in the weekly points emission: 5% to referrers, 5% to referees.

Referrals pay in points, not fee discounts. There is no trading-fee rebate and no referee fee discount.

How It Works

01 - Register a Code

Sign a message with your wallet to claim a code. No transaction, no gas.

02 - Share It

Anyone who has not already bound a code can use yours.

03 - They Bind

The referee's code travels with their first trade or vault deposit. Nothing separate to sign.

04 - Both Earn

Every epoch, the referrer pool and referee pool pay out proportionally.

Registering a Code

Claiming a code is a signature, not a transaction. You sign a message with your connected wallet; the code is recorded against your address. No gas, no confirmation wait, nothing on-chain.

Codes are first-come, first-served. One code per address.

Binding to a Code

A referee binds by carrying the code on their first qualifying action: opening a trade, or depositing into the vault. The code ID rides along as a suffix on the transaction data the trader already sends. There is no separate binding transaction and nothing extra to approve.

Actions that bind a code:

Binding is permanent. Once your address is bound to a code, it cannot be changed or transferred. This stops referral-hopping between codes chasing incentives, and it means a referrer's history cannot be taken from them after the fact.

Before you bind, the app checks the code and reports one of:

What You Earn

Both sides earn from the weekly dfPOINTS emission. Neither pool changes trading fees.

Referrer Pool - 5% of weekly emission

Your score is the sum of all points your referees earned that epoch, across both the LP and trader pools. Your payout is your share of that total against every referrer:

referrerScore  = sum(LP points + trader points earned by each of your referees)
referrerPoints = (yourReferrerScore / allReferrerScores) x referrerPool

You earn on your referees' activity, not on your own. A referrer with no active referees in an epoch earns nothing from this pool that epoch.

Referee Pool - 5% of weekly emission

Bind to a code and you draw from the referee pool on top of everything you already earn:

refereePoints = (yourPoints / allReferredUsersPoints) x refereePool

Only activity after binding counts.

This pool is a variable-rate bonus. The fewer referred users active in an epoch, the larger each one's share, which rewards binding early rather than late.

Stacking

The pools are independent and they stack. A single wallet that LPs, trades, refers others, and was itself referred earns from all four pools in the same epoch: