🎁 What the Referral Program Does
For you:
Sign up via a referral link → get a permanent 4% discount on taker fees. Standard taker fee is 0.045% → you pay 0.0432%. Applied automatically, forever.
For them:
Anyone who shares a referral code earns a percentage of the fees paid by the traders they refer — paid in USDC, ongoing, for as long as those traders are active.
Hyperliquid’s referral program is one of the cleanest in crypto — no gimmicks, no lock-ups, no points. It does two simple things: it permanently reduces the fee you pay on every taker trade by 4%, and it allows anyone to earn a share of trading fees from the traders they introduce to the platform. This guide covers both sides — how to claim your discount when signing up, and how to set up and share your own referral code.
How to Claim the 4% Discount as a New User
The process is as simple as it gets. The discount is applied the moment you connect your wallet through a referral link — there’s no code to enter, no form to fill out, no waiting period.
1
Click a valid referral link
Navigate to Hyperliquid using a referral link — the URL will look like
app.hyperliquid.xyz/join/REFERRALCODE. My personal referral link is app.hyperliquid.xyz/join/CRYPTOJAG — using it gets you the 4% discount and supports the CryptoJag content. US residents: use your VPN before visiting.2
Connect your wallet
Click Connect Wallet and select MetaMask (or whichever wallet you’re using). If you haven’t set up MetaMask yet, the MetaMask setup guide covers the full process. Make sure MetaMask is set to the Arbitrum network before connecting.
3
The discount is applied automatically
Once you’ve connected via the referral link, the discount is permanently linked to your wallet address. You don’t need to enter a code separately. You can verify the referral was applied by checking your account settings — navigate to the profile or settings section and look for “Referral” — your referrer’s code should be visible there.
4
Deposit and start trading
Deposit USDC and the discounted fee rate applies immediately on your very first trade. Every taker order you place from this point forward uses the 4% reduced fee. It never expires, and you don’t need to do anything to maintain it. See the getting started guide for the full deposit walkthrough.
💰 What Does 4% Actually Save You?
Standard taker fee
0.045%
With 4% referral discount
0.0432%
Saving on $10,000 trade
$0.18 saved
Saving on $1,000,000 monthly volume
$18 saved per month
Small per-trade — compounding over time. The more actively you trade, the more this discount is worth. And remember: even better than the referral discount is the maker rebate of −0.01% you get from using limit orders. See the limit orders guide for how to earn that rebate on every trade.
How to Create and Share Your Own Referral Code
If you’re an active Hyperliquid user — a trader, content creator, or someone who just recommends the platform to people — you can set up your own referral code and earn a share of the fees paid by everyone you refer. Here’s how.
1
Go to the Referral section
Once logged into Hyperliquid with your wallet connected, navigate to your profile or settings. Look for a Referral tab or section — it’s accessible from the account menu in the top right of the interface. This is where you create and manage your code.
2
Create your code
Click Create Referral Code and choose a code — typically your name, brand name, or handle. Keep it short and memorable. Your code becomes the last part of your referral link:
app.hyperliquid.xyz/join/YOURCODE. Once created, the code is permanent and linked to your wallet address — choose it carefully.3
Share your link
Copy your referral link and share it wherever your audience is — social media posts, YouTube video descriptions, blog posts, Discord servers, or just in direct messages to people asking how to get started. Anyone who connects their wallet to Hyperliquid through your link is permanently associated with your referral code, and their trading fees generate earnings for you.
4
Track your earnings in the Referral dashboard
The Referral section shows your total referred traders, cumulative volume they’ve traded, and USDC earnings from their fees. Earnings accumulate in your account automatically — no claiming process required. The dashboard is the same place you created the code.
How Referral Earnings Work — The Mechanics
Understanding how the fee-sharing works helps you estimate what a referral program can realistically earn.
✅ What earns you referral revenue
Every taker order placed by your referred traders generates a fee, and you receive a percentage of that fee in USDC. This includes market orders and any limit orders that fill as takers. The earnings are ongoing — for every trade your referred users make, for as long as they’re active on the platform.
⚠️ What doesn’t earn referral revenue
Maker orders (limit orders that add liquidity) don’t generate taker fees — they generate a rebate instead. So a referred trader who exclusively uses limit orders generates no referral income for you, though they do save on fees themselves. Volume weighted fee tiers and HYPE staking discounts can also affect the base fee your referral earns against.
💡 Realistic earnings example
If you refer 20 active traders who each do $50,000 in monthly taker volume, that’s $1,000,000 in total monthly referred volume. At a 10% referral share of the 0.045% taker fee, that’s roughly $45/month in passive USDC income — growing with every additional referral and with the activity of your existing referred traders. The exact referral share percentage is visible in your referral dashboard once the code is created.
Important Things to Know
⚠️
You can only apply a referral code once — at wallet connection
The referral discount is applied when your wallet first connects to Hyperliquid via a referral link. If you’ve already connected your wallet without using a referral link, the discount cannot be retroactively applied to that wallet. If you’re brand new and haven’t connected yet, make sure to use a referral link before your very first connection.
⚠️
You can’t refer yourself
Hyperliquid’s system does not allow self-referrals — you can’t use your own referral code on your own account. The discount and the earnings are designed for genuine referrals between different traders.
✅
The discount is permanent and applies to all markets
Once applied, the 4% discount on taker fees is permanent and applies across all markets on Hyperliquid — crypto perps and RWA perps alike. It never expires and doesn’t require any action on your part to maintain. It stacks with volume-based fee tiers as your trading activity grows.
✅
Referral earnings are paid in USDC automatically
Referral earnings accumulate directly in your Hyperliquid account balance in USDC. There’s no separate claiming or withdrawal process for referral earnings — they appear in your account alongside your trading P&L and can be withdrawn the same way as any other balance.
Frequently Asked Questions
Related Guides
📖 Start Here
The Ultimate Guide to Hyperliquid
🚀 First StepsGet Started With $100
💰 Save MoreHow to Use Limit Orders (Earn a Rebate)
🦊 WalletHow to Download and Set Up MetaMask
🔐 SafetyIs Hyperliquid Safe?
💸 ExitHow to Cash Out to Your Bank
The Bottom Line
The Hyperliquid referral program is straightforward: use a referral link on your very first wallet connection and get a permanent 4% reduction on every taker fee you ever pay on the platform. If you’re an active trader who talks about Hyperliquid, set up your own code — it costs nothing and generates passive USDC income from your referred traders’ activity.
The most important thing: use the referral link before connecting your wallet for the first time. Once connected without it, the discount can’t be applied to that wallet address. If you haven’t connected yet, use the link below.
🎁 Use This Link Before You Connect Your Wallet
Get Your Permanent 4% Fee Discount
Sign up via my referral link — the discount is applied instantly and lasts forever.
app.hyperliquid.xyz/join/CRYPTOJAG
🇺🇸 US Residents: Connect your VPN before clicking — I use FastVPN by Namecheap.
📘 CryptoJag Digital Product
The Hyperliquid Blueprint
How to Connect, Trade, and Profit on the World’s Fastest DEX. Includes referral setup walkthrough.
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— Chris
Founder · CryptoJag
My referral code is CRYPTOJAG — it’s in every post, every video description, and every piece of content I put out. If you’re going to sign up for Hyperliquid anyway, using it costs you nothing and saves you 4% on every taker trade you ever make. That’s the point of the program — it’s genuinely useful for the person signing up, and it’s how I keep producing this content. Win-win. Just make sure you use it before your very first wallet connection. Once that’s done, the discount is permanent.
This post is for educational purposes only. CryptoJag earns a referral commission if you sign up via the CRYPTOJAG link — at no extra cost to you. Fee figures reflect Hyperliquid’s public fee schedule as of October 2026 and may change. Always verify current rates at app.hyperliquid.xyz.
