Referrals
The N1 referral program rewards traders who introduce new participants to the venue.
Eligibility
Set a username in the N1 app to enable your referral link. Referral benefits unlock after you reach $1,000 in trading volume.
Referral benefits
Once benefits are unlocked, both the referrer and the referred trader receive benefits:
Referrer
- 10% fee share from eligible trading fees generated by referred traders
- 5% Points share of the N1 Points earned by referred traders
Referred trader
- 5% fee discount on eligible trading fees
The fee-share reward is calculated from trading fees, not trading volume. For example, if referred traders generate $10,000 in eligible trading fees, the referrer earns $1,000.
The Points share is calculated from the N1 Points earned by referred traders. For example, if a referred trader earns 100 N1 Points, the referrer earns 5 N1 Points.
The Referrals screen in the N1 app displays referral activity and paid and pending USDC rewards.