docs: sync Polymarket docs update 2026-05-28
Updated 45 files across Polymarket Learn (FAQ, deposits, get-started, markets, trading), bridge API, WSS, CLOB status, market makers, and trading/fees sections.
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# Referral Program
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> Earn rewards by referring users to Polymarket
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> Refer traders to Polymarket and earn daily pUSD rewards
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We're excited to announce Polymarket's referral program. Existing users who have traded at least \$10,000 in volume are eligible to sign up. Get paid to refer users to Polymarket, and be eligible for future Polymarket rewards.
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<Note>
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These updated Referral Program terms take effect on **Thursday, May 28, 2026**.
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</Note>
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## Referral Link
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Refer traders to Polymarket and earn a share of the net trading fees they generate, paid every day in pUSD.
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You can create a referral link at [polymarket.com/refer](http://polymarket.com/refer). When someone signs up using your link, you'll earn a percentage of the fees generated from their trades. Instead of manually creating referral links, you can also find a unique referral link on each market page when signed in to your Polymarket account.
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To start earning, you need at least **\$10,000** in lifetime trading volume on Polymarket.
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The referral rewards are unlimited. The more that users you refer trade, the more you'll earn — also increasing your allocation in all future rewards.
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***
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## Boosted Rebate Period
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## Eligibility
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For a limited time, you'll earn:
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* You need **\$10,000** in lifetime trading volume to earn referral rewards.
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* You can share links before you reach \$10,000, but you only start earning once you cross the threshold.
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* 30% of fees generated from direct referrals
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* 10% of fees generated from indirect referrals
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***
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Direct referrals are those you personally refer, and indirect referrals are those referred by someone you've referred (i.e. if you refer Alice and Alice refers Bob, you'll earn 10% of trading fees generated from Bob's trading volume as well).
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## How to Refer
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These rewards will be for the first 180 days after a user has signed up to Polymarket, and this period is subject to change without notice.
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Share any market or profile page using the share button on that page. When someone clicks your link and signs up, they become your referral.
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* **Direct referral:** someone you personally refer.
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* **Indirect referral:** someone referred by one of your referrals. For example, if you refer Alice and Alice refers Bob, then Bob is your indirect referral.
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To count, a new user must sign up within **30 days** of clicking your link.
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***
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## Rewards
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You earn a share of the **net** trading fees your referrals generate.
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| Type | Reward |
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| ----------------- | --------------------------- |
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| Direct referral | **10%** of net trading fees |
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| Indirect referral | **5%** of net trading fees |
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<Note>
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Net trading fees are what Polymarket keeps after the referred user's own tier
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rebate. The more rebate they earn, the more of their fees go back to them
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rather than into your referral reward.
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</Note>
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### The Caps
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Referral rewards are bounded two ways. Rewards on a referral end at whichever of these comes first:
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1. **Until Platinum.** Rewards apply on your referral's trades from the moment they sign up through every tier up to and including **Gold**. Once they reach **Platinum**, referral rewards on their trades end.
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2. **30 days.** Rewards apply only for the first 30 days after a referral signs up.
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### Example
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You refer a new trader. From their very first trade and through every tier up to **Gold**, you earn **10%** of the net fees from their trades, paid daily. If they trade actively early on, this is when you earn the most. Your rewards on that referral end once they reach **Platinum** or hit 30 days, whichever happens first.
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***
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## Payouts
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* Rewards are **paid every day at midnight UTC** in pUSD, straight to your account.
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* You can watch your referral earnings add up **live**.
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***
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## Notes
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* You will earn referral rewards based on the gross trading fee that a user pays on polymarkets.
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* Not all polymarkets have fees, so you won't make \$ from volume on every polymarket.
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* Rewards are paid out once a day at midnight UTC.
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* Rewards are unlimited. You will earn more money the more the users you refer trade on the platform.
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* Polymarket reserves the right, in its sole discretion, to disqualify referrals that violate our Terms of Service — including but not limited to self-referrals or inauthentic trading.
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* You earn referral rewards based on the **net** trading fees your referrals generate. Net fees are what Polymarket keeps after the referred user's tier rebate.
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* Rewards on a referral start with their first trade and end at whichever of these comes first: the referral reaches **Platinum**, or **30 days** since their sign-up.
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* Not all markets have fees. You will not earn from referral activity on free markets, including Geopolitical and world events markets.
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* A new user must sign up within **30 days** of clicking your link to be attributed to you.
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* Reward rates, windows, tier caps, and any other terms are set by Polymarket and can change at any time without notice.
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* Polymarket reserves the right, at its sole discretion, to disqualify referrals and withhold or claw back rewards for activity that breaks our Terms of Service, including but not limited to self-referrals, linked accounts, and inauthentic trading.
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***
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## FAQ
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<AccordionGroup>
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<Accordion title="Who can earn referral rewards">
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Any Polymarket user with at least \$10,000 in lifetime trading volume. You
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can share links before reaching the threshold, but rewards only begin once
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you cross it.
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</Accordion>
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<Accordion title="What is the difference between direct and indirect referrals">
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A direct referral is someone you personally refer. An indirect referral is
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someone referred by one of your referrals. You earn 10% of net fees from
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direct referrals and 5% from indirect referrals.
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</Accordion>
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<Accordion title="What does net fees mean">
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Net fees are what Polymarket keeps after the referred user's own tier
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rebate. Your referral reward is a percentage of that net amount.
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</Accordion>
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<Accordion title="When do my referral rewards stop">
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Rewards on a referral start with their first trade and end at whichever of
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these comes first: the referral reaches the Platinum tier, or 30 days from
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their sign-up.
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</Accordion>
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<Accordion title="When am I paid">
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Rewards are paid once a day at midnight UTC in pUSD, directly to your
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account.
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</Accordion>
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<Accordion title="What is not allowed">
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Self-referrals, referring accounts you control, and inauthentic trading are
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not allowed. Polymarket may disqualify referrals and claw back rewards for
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activity that breaks the Terms of Service.
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</Accordion>
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</AccordionGroup>
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***
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## Next Steps
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<CardGroup cols={2}>
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<Card title="Taker Rebate Program" icon="trophy" href="/trading/taker-rebates">
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Climb the tiers and earn daily pUSD rebates as you trade.
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</Card>
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<Card title="Fee Structure" icon="receipt" href="/trading/fees">
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See how taker fees are calculated across market categories.
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</Card>
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</CardGroup>
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