+ open.mp forum (https://forum.open.mp)
-- Forum: General (https://forum.open.mp/forumdisplay.php?fid=19)
--- Forum: Tech (https://forum.open.mp/forumdisplay.php?fid=21)
--- Thread: Applying a Hyperliquid Referral Code during account registration (/showthread.php?tid=5165)
Applying a Hyperliquid Referral Code during account registration - flini - 2026-08-12
Applying a Hyperliquid Referral Code (8000USDT) during account registration provides a 4% discount on your trading fees for both spot and perpetual markets. The discount applies to your first $25M in trading volume , making it one of the most effective ways for active crypto traders to reduce overhead costs on the platform.
Whether you are scalping perpetual futures or building long-term spot positions, understanding how the Hyperliquid referral ecosystem functions ensures you maximize fee savings while safeguarding your assets.
---
What is the Hyperliquid Referral Discount and How Can I Get It?
The Hyperliquid referral discount is an account-level incentive designed to lower transaction costs for new traders joining the decentralized exchange (DEX).
The Offer: A flat 4% reduction on eligible taker and maker trading fees across both spot assets and perpetual contracts.
The Cap: The 4% discount applies to your first $25,000,000 in cumulative trading volume.
Exclusions: Vaults and sub-accounts are treated as independent entities by Hyperliquid’s clearinghouse system and do not inherit the primary account's referral discount.
How to Get the Discount
Because Hyperliquid is a Web3 application operating via wallet signatures rather than traditional email registration, applying the discount takes only a few simple steps:
1. Obtain a Code or Link: Secure a valid referral code (8000USDT) or direct invite link (`app.hyperliquid.xyz/join/CODE`).
2. Connect Your Wallet: Navigate to the official Hyperliquid interface and connect your Web3 wallet (e.g., MetaMask, Rabby, or WalletConnect).
3. Apply the Code: If you did not use a direct invite link, navigate to the Referrals tab on the left sidebar or top menu, enter your preferred code manually, and confirm.
4. Start Trading: Deposit USDC and place your trades. The 4% fee reduction will automatically apply to all eligible orders.
---
How to Check My Current Trading Volume on Hyperliquid
Tracking your trading volume allows you to know exactly how much of your $25M fee-discount tier remains and monitor your progress toward higher fee tiers.
1. Log in to the Platform: Connect the wallet address associated with your trading account to `app.hyperliquid.xyz`.
2. Access the Portfolio or Trade Page: View your account overview in the top dashboard navigation.
3. Navigate to the Referrals Dashboard: Click on the Referrals section from the navigation menu.
4. Review Tier Statistics: Here, Hyperliquid displays your cumulative account volume , showing both your total historical volume and how much volume has been processed under the active 4% discount cap.
---
Are There Risks to Using Third-Party Referral Codes?
Entering a alphanumeric referral code string itself carries zero security risk because a code string cannot alter smart contracts or compromise your account. However, accessing referral codes through third-party links introduces specific Web3 security considerations:
Phishing & Lookalike Domains: Scammers frequently post fake links in social media comment sections that mimic Hyperliquid's interface to trick users into signing malicious wallet drainer transactions.
Malicious Wallet Approval Requests: Always verify the URL in your browser address bar (`app.hyperliquid.xyz`). Never sign arbitrary transactions or permit token approvals on unfamiliar domains.
Expired or Fraudulent Codes: While invalid codes will simply fail to apply, relying on unverified sources might result in creating an account without the 4% discount attached.
> Security Tip: Enter referral codes manually on the official Hyperliquid app directly rather than clicking unverified short-links or third-party redirects.
---
Does Hyperliquid Offer Additional Incentives for High-Volume Traders?
Yes. Beyond the standard 4% referral discount, Hyperliquid provides several scaling incentives for active and high-volume market participants:
| Incentive Type | Description |
| --- | --- |
| Tiered VIP Fee Structure | As your 30-day rolling trading volume scales, your baseline maker and taker fee rates automatically decrease. |
| Referral Earnings Tier | High-volume traders who generate over $10,000 in volume unlock the ability to issue their own referral codes and earn passive fee shares. |
| L1 Ecosystem & Vault Rewards | Active liquidity providers and volume traders frequently qualify for protocol-level incentive programs, points campaigns, and vault-share distributions. |
---
How Are Referral Rewards Distributed to the Referrer?
Hyperliquid features an automated, on-chain referral distribution model:
Commission Rate: The referrer earns 10% of the net trading fees paid by their referred users (after accounting for the referred user's 4% discount).
Duration & Volume Limit: The referrer receives this 10% cut across the referred user’s first $1 Billion in trading volume.
Payout Asset: Rewards accumulate in real-time in quote assets (primarily USDC).
Claiming Process: Once accumulated referral rewards cross $1.00 , the referrer can click "Claim" on the Referrals dashboard, and the funds instantly land in their Hyperliquid spot balance.
---
How to Invite Friends to Hyperliquid Once I Qualify
To prevent spam accounts, Hyperliquid requires users to demonstrate platform activity before generating invite codes.
1. Reach the Volume Threshold: Complete at least $10,000 in trading volume (cumulative spot or perps) on Hyperliquid.
2. Open the Referrals Tab: Head over to `app.hyperliquid.xyz/referrals`.
3. Create Your Custom Code: Enter a unique alphanumeric code name of your choice.
4. Share Your Referral Link: Copy your personal link (`app.hyperliquid.xyz/join/YOURCODE`) and share it with friends or community members to begin earning 10% on their trading fees.
---
Does Hyperliquid Offer a Referral Discount?
Yes, Hyperliquid actively offers an official referral discount. Every new trader who registers using an active referral code or link instantly receives a 4% discount on trading fees across both spot and perpetual markets for their first $25 million in trading volume.