Example Calculations
Referral Discount
- Your friend will receive a 5% discount on Taker Fees
- Your friend’s Fee Discount will end when your friend has reached $30 Million in volume traded
Example 1: Referee Discount
You referred your friend Bob to sign up on Paradex via your Referral Link
Bob’s taker fee rate is 0.03% and trades a notional 20’000 USD
Bob was supposed to have paid 0.03% x 20’000 = 6 USDC
However, with the Referral Discount, Bob only has to pay: 6 x (1 - 5%) = 5.7 USDC
Referrer Commission
- You will receive 5% of the Taker Fees paid by your friend
- Your Referral Commission will end when your friend has reached $1 Billion in volume traded
Example 2: Referral Commission
Using Example 1 where your referred friend Bob has paid 5.7 USDC in fees
You will receive a referral commission of: 5.7 x 5% = 0.285 USDC
Referral Points Bonus
- You will receive a 5% Referral Points bonus on the points earned by your friend
- Your Referral Points Bonus will end when your friend has reached $30 Million in volume traded
Example 3: Referral Points Bonus
Assuming that Bob has earned 40 Fee points from the trade that he has done above
You will receive a referral points bonus of: 40 * 5% = 2 Referral Points