Hyperliquid's referral program isn't a fixed amount — it scales with how much the people you refer actually trade. Here's the general structure, framed as background knowledge rather than live-verified numbers (no tool here returns the current program terms):
How it works
- You refer traders via your link; they stay tied to you for a set period after signup.
- You earn a cut of the trading fees your referrals generate, not a one-time bounty.
- The share is tiered: the more fees your referred network produces in a period, the higher your referral share climbs. So a handful of heavy traders can earn far more than many small ones.
The catch worth knowing
- If a referred account isn't actually trading, you earn nothing — there's no payout for signups alone.
- Your earnings are tied to their volume, which is volatile. A big trader can leave or slow down and your income drops with them.
What's realistically achievable
- A light trader referring a few friends → modest, occasional fee share.
- A serious referrer with active, high-volume users → the share can be meaningful, but the numbers depend entirely on your network's trading activity.
If you want, I can pull the actual current market context — a ranking of perp DEXs by real fee/revenue data to see how Hyperliquid's overall fee pool compares, or look up how the broader derivatives-DEX space is performing right now. Want me to run that?