> For the complete documentation index, see [llms.txt](https://docs.aftermath.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aftermath.finance/perpetuals/referrals.md).

# Referrals

When a new user begins trading on Aftermath using a Referral Code provided to them by an existing trader, 10% of all fees paid by the referred user is rebated as a commission to the referring user. Rebates occur at a set frequency: every week. In addition, the referred user will receive a 5% discount on fees for all trades they perform.

| **User** | **Type**   | **$0-$100m Volume** | **$100m + Volume** |
| -------- | ---------- | ------------------- | ------------------ |
| Referrer | Commission | 10%                 | 5%                 |
| Referee  | Discount   | 5%                  | 2%                 |

For the first $100M in trading volume performed by the referred user, the referring user will receive a 10% commission on all fees paid using their Referral Code. Beyond this threshold, the commission adjusts to 5%. Likewise, the referred user will receive a 5% discount on all trade fees up to $100M in volume and then 2% for life.

Referral Codes can be generated on our [referrals page](https://aftermath.finance/referrals) and then can be shared on social media via this format: <https://aftermath.finance?ref=\\><code>.\
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**All referrals qualify for points & liquid incentives.**