Referral program

Every user has a referral code and link. Share yours before the invited user signs up. The invited user must use the code or link at sign-up.

Each account has one referrer, fixed at sign-up. Self-referrals are refused. An account can belong to a referrer or an affiliate, never both.

You earn 10% of the trading fees each referred user pays. Both maker and taker fees count. Maker rebates reduce the fee base. The base never falls below zero.

The calculation is separate for each referred account, fee asset and weekly period. A rebate-heavy account cannot reduce another account’s contribution. Funding payments, liquidation insurance charges and agent model fees do not count. Rewards are based on fees, not trading volume or profit.

Edel sets the referral rate and can change it for a later period. Each earnings row records the share that applied to its period, so use that value when you reconcile. The example below uses 10%.

Example: a referred user pays 10 USDCx in trading fees and receives 2 USDCx in maker rebates during a week. Your reward is 10% of 8 USDCx, or 0.80 USDCx. If rebates equal or exceed fees, your reward for that account is zero.

Referral rewards settle weekly. Read your period earnings and payout status before treating a reward as received. Edel can also pay a one-time reward for a qualified referred account. It is a separate program, it is off unless Edel turns it on, and it appears in your earnings as a referral reward. Follow payouts and wallet acceptance to receive a wallet offer. For approved partner terms, see the affiliate program.