Referral Program

Introduction

To encourage influencers and prominent DeFi community members to help with promotion, Perpetual Protocol has launched a referral program.

⚠️ Perpetual Protocol retains the right to update program rules to prevent abuse and exploitative behavior at any time.

Program duration
Program goal
Program budget
Program duration

The referral program will run on a monthly basis, and rewards will be paid out weekly. The Perpetual Protocol team will reassess the program on a monthly basis to evaluate performance.

Program goal

Increase daily active users (DAU).

Program budget

10,000 PERP monthly. This amount can be increased by governance, which is likely assuming the program performs well.

Join as a referred trader

Trader rewards
PERP price basis
Trader rewards

Any trader can register under one of the referral partners as a 'referred trader'. Please see the list of referral partners below to join as a referred trader.

As a referred trader, you are eligible for the following rewards:

  • 40% discount on trading fees, paid in PERP weekly to your registered account

  • Per address reward cap of 350 PERP / month (to be adjusted according to token price growth)

Rewards are paid on xDai. This ensures we are able to reward all traders, no matter how big or small, every week, with zero cost to users.

Rewards are issued weekly:

  • Reward period: Saturday to Friday (UTC)

  • Reward issuance: Monday

  • Minimum reward: 1 PERP (Rewards below 1 PERP will be accumulated and send once reward > 1 PERP)

Example: If you trade between May 1 (Sat) and May 7 (Fri) with a volume of $100,000, you will pay $100 in fees and accumulate $40 in PERP rewards, to be paid May 10 (Mon)

PERP price basis

PERP exchange rate will be calculated using PERP UTC close price every Friday, according to Coingecko.

Example:

$PERP daily close price for April 30, according to Coingecko.

Referral partners

In the first phase, the referral program will be run in cooperation with referral partners. The goal of restricting referral partner sign ups is to increase potential earnings and thereby attract high-profile influencers in the trading and investment space to help promote the protocol.

The list will grow slowly as we monitor program growth and performance.

Current partner list

Want to be a referral partner?

Please DM us on Twitter with a short introduction:

  • Your interest in Perpetual Protocol

  • Your community and reach

  • Brief info about yourself - are you a trader, investor, analyst ...?