# Referral Program

## Overview

Get fee discounts and earn rebates through the Mayfair referral program.

<figure><img src="/files/nIN1vA9l3a7054G23427" alt=""><figcaption></figcaption></figure>

### How it works

To create a referral code:

* Go to Referrals section
* Click on the Affiliates tab
* Create a referral code using any combination of letters, numbers and underscores

Once you've created your code, click on the copy icon next to the code to get your referral link. When a user uses your link, your referral code would be stored with the user's account. When the user makes a trade they would receive a discount and you would earn rebates from their trading fees. The discounts and rebates will be distributed in ETH

### Tiers

The referral program has a tier system to prevent gaming through self-referrals, this helps to ensure that referrers receive the rebates for the users they brought onto the platform.&#x20;

* Tier 1: 5% discount for traders, 5% rebates to referrer
* Tier 2: 10% discount for traders, 10% rebates to referrer
* Tier 3: 10% discount for traders, 15% rebates to referrer

Anyone can create a Tier 1 code. To upgrade your code to Tier 2 or Tier 3:

* Tier 2: At least 15 active users using your referral codes per week and a combined weekly volume above $5 million
* Tier 3: At least 30 active users using your referral codes per week and a combined weekly volume above $25 million

If your account fulfils this criteria, you can send a DM to one of our Team.

### Fees

Rebates and discounts apply on the opening and closing fees for leverage trading.

The opening and closing fees are 0.1% on Mayfair, rebates are calculated before user discounts so referrers earn on the full maker fee and from what would otherwise be spread on other exchanges. As a result, referrers would earn equivalent amounts of rebates per volume on Mayfair when compared to other referral programs.


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