> ## Documentation Index
> Fetch the complete documentation index at: https://docs.aura.markets/llms.txt
> Use this file to discover all available pages before exploring further.

# Referral Program

> Earn 10% of the trading fee on every trade your referrals ever make on Aura, paid in USDT automatically.

Share your referral link. Everyone who signs up through it earns you **10% of the
trading fee** on every trade they make, for as long as they keep trading.

## What you earn

|                |                                            |
| -------------- | ------------------------------------------ |
| Your cut       | 10% of the 2.5% trading fee                |
| Effective rate | 0.25% of your referral's volume            |
| Paid in        | USDT                                       |
| Duration       | Every trade they ever make, with no expiry |
| Comes out of   | The treasury's share of the fee            |

That last row matters. Your referral fee is carved out of the protocol's own
slice. It never reduces the creator's cut, and it never touches any trader's
payout, so referring somebody costs them nothing and costs the market's creator
nothing.

## How it gets paid

Referral fees accrue inside each market contract as your referrals trade, then
pay out to your wallet automatically once that market resolves.

Your dashboard shows history rather than a claim button, because there is nothing
for you to sign. The payout goes to the wallet recorded as the referrer, and it
cannot be redirected.

<Note>
  Because payout happens at market resolution, fees from a long-dated market arrive
  when that market resolves, not when the trade happened. Volume on markets
  resolving next week pays next week.
</Note>

## Getting your link

Your referral link is tied to your wallet address:

```text theme={null}
https://aura.markets/invite/<your-address>
```

Anyone who lands on Aura through it and creates an account is attributed to you
permanently. Attribution happens at signup, so an existing user cannot be
re-attributed later.

## What works

<AccordionGroup>
  <Accordion title="Refer people who would trade anyway" icon="user-check">
    Your earnings are a percentage of volume, so one active trader is worth more
    than fifty signups who never place an order. Quality of attention beats
    quantity of clicks.
  </Accordion>

  <Accordion title="Pair it with markets you create" icon="lightbulb">
    If you [create markets](/programs/creator-rewards) on a subject and bring the
    audience for that subject, you earn on both sides of the same volume.
  </Accordion>

  <Accordion title="Lead with a specific market" icon="link">
    A link to a market someone already has an opinion about converts better than
    a link to a homepage.
  </Accordion>
</AccordionGroup>

<Warning>
  Self-referral does not work. Attribution requires a distinct account, and
  wash-trading between your own wallets to generate referral fees costs you 2.5% per
  round trip to earn 0.25% back. The math does not favor it.
</Warning>

## Next

<CardGroup cols={2}>
  <Card title="Creator rewards" icon="lightbulb" href="/programs/creator-rewards">
    Earn on the markets you bring your audience to.
  </Card>

  <Card title="Programs overview" icon="gift" href="/programs/overview">
    How all four earning programs fit together.
  </Card>
</CardGroup>