> For the complete documentation index, see [llms.txt](https://velocity-1.gitbook.io/velocity-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://velocity-1.gitbook.io/velocity-docs/referrals/refer-and-earn.md). # Refer and earn Refer other traders and earn a share of what they generate. ## The 10% bonus When someone you referred trades on Velocity, you earn 1**0% of the points** they generate, on top of the points from your own trading. You also earn **1 bonus point** for each person you refer once they place their first trade. There is no cap and nothing to switch on. ## How to refer a trader 1. Open the [Rewards hub](/velocity-docs/rewards/rewards-hub.md) at **velocitytrade.xyz/trade/rewards**. 2. Share your referral code or link with the trader. 3. When they sign up with your code and start trading, they are bound to you and their volume starts counting toward your referral points. Creators get a custom code (for example `VELOCITY`) to share. ## If someone referred you 1. Open the Rewards hub. 2. Find **Enter your referral code** and type the code you were given. 3. Hit **Apply**. You are now bound to that referrer. You can set a referrer only once, and you cannot refer yourself. Signing up with a referral code also gives you a 1.25x points multiplier on your first $5M in trading volume. See the Points program page for the full boost breakdown. ## The 4% fee discount Separately, Hyperliquid gives referred traders a **4% discount on trading fees** for their first $25M of volume. Velocity is the referrer, and new accounts are attached automatically. If you joined before this was automatic, click **Claim 4% discount** on the Rewards hub. Place one trade first so Hyperliquid recognises your wallet. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://velocity-1.gitbook.io/velocity-docs/referrals/refer-and-earn.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.