# Referrals and Affiliates

### Referrals program

To participate in the referral program, you must achieve $10,000 in traded volume.

Once you meet this requirement, you can create a unique referral link on `app.extended.exchange/referrals` by appending your personal code to the base URL (e.g., `app.extended.exchange/join/CODE`). The CODE can include any combination of Latin letters and numbers, up to 15 characters long. A single user can create multiple referral links.

Referrers earn **2.5% points generated by their referrals**.

Invited users receive a 10% discount on commissions for their first $50M in total trading volume.

### Affiliates and sub-affilates program

You can only join if you receive a direct invite from the Extended team or a referral from an existing Extended affiliate.

Affiliates earn **boosted points and rebates on all net fees** generated by their referrals, with:

* no cap on trading volume per referral.
* net fees = fees paid − maker rebates for the corresponding trades.

The affiliates program is designed to automatically redistribute **half** of the affiliates’ earned referral points back to their users, providing unique benefits for users who joined via an affiliate link. Even after this redistribution, affiliates still net more points than regular referrers.

Affiliates can also refer eligible users to become their **sub-affiliates** and earn **10% of the fees paid** by the sub-affiliates’ users. This 10% is paid in addition to the sub-affiliates’ own rebates and does not reduce their earnings.


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