> For the complete documentation index, see [llms.txt](https://docs.byreal.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.byreal.io/trade/byreal-predict/referral-program.md).

# Referral Program

Earn a share of trading fees from every person you refer to Byreal Predict, and from the people they refer. Your invitees also get a fee rebate on their own trades.

## What You Earn

|                                | Rate | On what                                             |
| ------------------------------ | ---- | --------------------------------------------------- |
| **Direct referral commission** | 30%  | Fees from every trade your invitees make            |
| **Second-level commission**    | 10%  | Fees from trades made by your invitees' invitees    |
| **Invitee rebate**             | 10%  | Returned to your invitees on their own trading fees |

There is no cap on the number of people you can invite.

## How to Get Started

1. Go to **Referral** in the Byreal Predict navigation
2. Copy your invite link or referral code code
3. Share it with your audience via Telegram, X, or anywhere else
4. Every time someone trades through your link, you earn a share of their fees automatically

## Example

Your invitee trades $10,000 in a month.

|                       |                |
| --------------------- | -------------- |
| Trading fee generated | $5.00 (50 bps) |
| Your commission (30%) | +$1.50         |
| Their rebate (10%)    | +$0.50         |

If that invitee also refers others, you earn an additional 10% of their referrals' fees on top.

## Settlement

Earnings are calculated on the **1st of each month** and claimable from the **7th**.

* Paid in pUSD, directly to your prediction market balance
* Minimum claim: $1.00
* Claim window: 30 days from the 7th. Unclaimed earnings are forfeited and not reissued.

> **Earnings are funded from Byreal's builder fee** on trades placed through the Byreal frontend.

## FAQ

<details>

<summary>When do I start earning?</summary>

As soon as someone places a trade using your invite link or code.

</details>

<details>

<summary>Does my invitee need to use the link at sign-up?</summary>

Yes. The referral is only recorded if they connect through your link before placing their first trade.

</details>