Table of Contents
Introduction
Understanding Hyperliquid Referral Program
How to Get Your Own Referral Code
How to Use a Referral Code
Maximizing Your Referral Earnings
Benefits for New Users
Comparison with Other Exchange Referral Programs
Frequently Asked Questions
Abstract
Conclusion
TL;DR
Introduction
Hyperliquid has emerged as a leading decentralized exchange (DEX) built on its own Layer 1 blockchain, offering fully on-chain order books and trading for over 100 perpetual and spot assets.
One of the platform’s most attractive features is its referral program, which provides mutual benefits for both referrers and new users.
Understanding how to effectively use Hyperliquid’s referral system can significantly reduce your trading costs while potentially generating substantial passive income through referral commissions.
This comprehensive guide will walk you through everything you need to know about Hyperliquid’s referral program, from obtaining your own referral code [ 8000USDT ] to maximizing your earnings and comparing it with other major exchanges.
Understanding Hyperliquid Referral Program
Program Structure
The Hyperliquid referral program operates on a straightforward model designed to reward active traders who bring new users to the platform. The program consists of two main components:
For Referrers:
Earn 10% of all trading fees generated by referred users
Rewards are calculated based on the first $1 billion in trading volume from each referred user
No limit on the number of users you can refer
Earnings are paid out continuously and can be claimed from the Referrals page
For New Users:
Receive a 4% discount on trading fees
The discount applies to the first $25 million in trading volume
No minimum deposit or trading requirements to activate the discount
Eligibility Requirements
To participate as a referrer in the Hyperliquid program, you must meet specific criteria:
Trading Volume Threshold: You must have completed at least $10,000 in aggregate trading volume on Hyperliquid
Account Standing: Your account must be in good standing with no violations of platform terms
Active Trading: The volume requirement includes both buys and sells across all trading pairs on Hyperliquid
How to Get Your Own Referral Code
Step-by-Step Process
Step 1: Meet the Volume Requirement Begin trading on Hyperliquid and accumulate at least $10,000 in total trading volume. This includes:
Perpetual contract trading
Spot trading (counts double toward fee tier calculations)
All buy and sell orders across different trading pairs
Step 2: Access the Referrals Page Once you’ve met the volume requirement:
Navigate to the Hyperliquid app at app.hyperliquid.xyz
Log into your account
Look for the “Referrals” section in your account dashboard
Step 3: Create Your Custom Code
Click on “Create Referral Code”
Choose a unique code name (this will be your custom referral identifier)
Confirm the creation of your referral code
Step 4: Generate Your Referral Link Your referral link will follow this format: app.hyperliquid.xyz/join/8000USDT
Best Practices for Code Creation
When creating your referral code, consider these tips:
Choose a memorable and brandable code name
Keep it short and easy to type
Avoid special characters that might cause confusion
Consider using your brand name or social media handle for consistency
How to Use a Referral Code
For New Users
Method 1: Direct Link Registration
Click on a referral link shared by an existing user
The link format is: app.hyperliquid.xyz/join/8000USDT
Complete the registration process as normal
The 4% fee discount will be automatically applied to your account
Method 2: Manual Code Entry
Visit app.hyperliquid.xyz directly
During the registration process, look for the referral code field
Enter the referral code provided by your referrer
Complete the account setup
Verification Steps
To ensure your referral code is properly applied:
Check your account dashboard for the fee discount notification
Verify that your trading fees show the 4% reduction
Confirm the discount applies to your first trades
Maximizing Your Referral Earnings
Effective Promotion Strategies
Social Media Marketing
Share your referral link on Twitter, LinkedIn, and other professional networks
Create educational content about Hyperliquid’s features
Engage with crypto trading communities and DeFi forums
Content Creation
Write blog posts or articles about your Hyperliquid trading experience
Create video tutorials showing how to use the platform
Develop trading guides that incorporate your referral link
Network Building
Connect with other traders in your professional network
Participate in crypto trading groups and communities
Attend blockchain and DeFi conferences and meetups
Tracking and Optimization
Monitor your referral performance through:
Regular checks of your referral dashboard
Tracking which promotion methods generate the most sign-ups
Analyzing the trading volume of your referred users
Adjusting your promotion strategy based on performance data
Benefits for New Users
Immediate Cost Savings
New users who sign up with a referral code receive substantial benefits:
Fee Reduction: The 4% discount on trading fees can result in significant savings, especially for high-volume traders. For example:
On $100,000 in trading volume, the discount saves approximately $40-80 depending on the base fee rate
For active traders with $1 million in volume, savings can reach $400-800
Extended Benefit Period: The discount applies to the first $25 million in trading volume, providing long-term value for serious traders.
No Downside Risk
Using a referral code presents no disadvantages:
No additional requirements or obligations
No impact on trading functionality or access to features
No minimum deposit or trading volume requirements
No expiration date for the discount benefit
Comparison with Other Exchange Referral Programs
Major Exchange Referral Comparison
Exchange Referrer Commission New User Discount Volume Requirement Discount Duration
Hyperliquid 10% of fees 4% fee discount $10,000 to refer First $25M volume
Binance Up to 50% of fees Up to 20% discount No requirement Varies by program
Bybit Up to 50% of fees Up to 20% discount No requirement Limited time
OKX Up to 50% of fees Various bonuses No requirement Varies
BloFin Up to 50% of fees Variable discount No requirement Limited time
Key Differentiators
Hyperliquid Advantages:
Consistent 10% commission rate without complex tier structures
Substantial volume requirement ensures quality referrers
Decentralized exchange with on-chain transparency
Long-term discount benefit for new users ($25M volume cap)
Hyperliquid Considerations:
Lower maximum commission rate compared to some centralized exchanges
Higher barrier to entry for becoming a referrer
Smaller user base compared to established CEX platforms
Unique Features
Staking Referral Program: Hyperliquid also offers a staking referral program where builders and referrers can share up to 50% of staking referral revenue with referred users, allowing for even better rates than the default program.
Builder Codes: Advanced users can obtain builder codes that allow interfaces routing through Hyperliquid to charge custom fees, providing additional revenue streams beyond traditional referrals.
Frequently Asked Questions
General Program Questions
Q: How long does it take to receive my referral code after reaching $10,000 in volume? A: Referral codes are typically available immediately after reaching the $10,000 trading volume threshold. Check your account dashboard or the Referrals page to create your code.
Q: Is there a limit to how many people I can refer? A: No, there is no limit on the number of users you can refer through the Hyperliquid program.
Q: How often are referral rewards paid out? A: Referral rewards are paid out continuously with each trade and can be claimed from the Referrals page at any time.
Fee and Discount Questions
Q: Does the 4% discount apply to both maker and taker fees? A: Yes, the 4% discount applies to both maker and taker fees for the first $25 million in trading volume.
Q: What happens after I exceed $25 million in trading volume? A: After exceeding $25 million in volume, you’ll pay the standard fee rates based on your fee tier, but you’ll have saved significantly during the discount period.
Q: Can I use multiple referral codes? A: No, you can only use one referral code per account, and it must be applied during the registration process.
Technical Questions
Q: What if I forget to use a referral code during registration? A: Referral codes must be applied during the registration process and cannot be added to existing accounts. You would need to create a new account to use a referral code.
Q: How do I track my referral earnings? A: You can track your referral earnings through the Referrals page in your Hyperliquid account dashboard, which shows detailed statistics on your referred users and earnings.
Q: Are there any restrictions on how I can promote my referral code? A: While Hyperliquid doesn’t impose strict restrictions, you should avoid spam or misleading promotional practices. Focus on providing value and honest information about the platform.
Abstract
The Hyperliquid referral program represents a balanced approach to incentivizing user growth while maintaining quality standards through its $10,000 volume requirement for referrers.
The program offers a straightforward 10% commission structure for referrers and a meaningful 4% fee discount for new users, making it attractive for both parties.
Unlike many centralized exchanges that offer higher commission rates but complex tier structures, Hyperliquid provides consistency and transparency through its on-chain operations.
The program’s strength lies in its long-term benefits for new users, with the 4% discount applying to the first $25 million in trading volume, and the quality control mechanism that ensures referrers are experienced traders. However, the program may be less attractive to large-scale affiliate marketers due to its lower maximum commission rates compared to centralized exchanges.
For serious traders and those building a presence in the DeFi space, Hyperliquid’s referral program offers a sustainable way to reduce trading costs and generate passive income while participating in one of the most innovative decentralized trading platforms in the cryptocurrency ecosystem.
Conclusion
Hyperliquid’s referral program stands out in the crowded cryptocurrency exchange landscape by prioritizing quality over quantity. The requirement for referrers to have traded $10,000 ensures that those promoting the platform have genuine experience and can provide valuable guidance to new users. Meanwhile, the 4% fee discount for new users provides substantial long-term value, especially for high-volume traders.
The program’s integration with Hyperliquid’s broader ecosystem, including staking referrals and builder codes, creates multiple revenue streams for active participants. While the commission rates may be lower than some centralized exchanges, the transparency and sustainability of the decentralized model, combined with the platform’s innovative features, make it an attractive option for those committed to the DeFi space.
Success with the Hyperliquid referral program requires a focus on building genuine relationships within the trading community and providing value through education and support. As the platform continues to grow and expand its features, early participants in the referral program are well-positioned to benefit from the increasing user base and trading volume.
Whether you’re a new trader looking to reduce your costs or an experienced trader seeking to monetize your expertise, understanding and effectively utilizing Hyperliquid’s referral program can significantly enhance your trading experience and financial outcomes.
TL;DR
Key Points:
Referrer Requirements: Must have $10,000+ in trading volume to create referral codes
Referrer Benefits: Earn 10% of referred users’ trading fees (up to $1B volume per user)
New User Benefits: Get 4% fee discount on first $25M in trading volume
How to Use: Sign up via referral link (app.hyperliquid.xyz/join/8000USDT) or enter code during registration
Comparison: Lower commission rates than CEXs (10% vs up to 50%) but higher quality requirements and longer-term benefits
Best Practices: Focus on education, community building, and providing genuine value to maximize referral success
No Downsides: Using a referral code [8000USDT] has no negative impact on trading functionality or fees beyond the discount period
Resources: https://dailyinsponow.com/hyperliquid-referral-codes-8000usdt-4-trading-fee-discount/
