- Maker rebate — When your resting order gets filled, you earn a share of the taker’s fee — 15%, 20% or 25% depending on the market’s category. This is the reward for providing liquidity — quoting a price and waiting for someone to trade with you. Full mechanics, rates and worked examples: Maker rebates.
- Referral reward — When someone you referred trades as the taker, you (the referrer) earn a share of the fee they paid. Tied to your referred members’ taker activity.
Both are a share of the taker fee
Because both are a percentage of the taker fee, and the fee follows the
P × (1 − P) curve, both rewards inherit that curve: largest on coin-flip
prices, near zero at the extremes, and zero on a trade that pays no fee at all
(a fee-free category — see Fees).
Rates are set per market category. The maker rebate is 20% in Crypto, 15% in Sports and 25% elsewhere — see Maker rebates for the table. Referral rates are published in the rewards schedule and shown in-app.
How and when you get paid
The reward flow is deliberately decoupled from settlement — you don’t have to wait for a market to resolve to get paid.1
Accrue at the trade
When your trade creates a contract, a reward is recorded as a pending
entry. No money moves for the reward yet — only the taker fee moves at trade
time.
2
Watch it tick up live
Pending rewards are readable in near-real-time via the rewards / pending
endpoint, so a market maker can watch their pending balance grow as they
quote. The response separates the two sources:
1
Get paid daily
A daily sweep pays out pending rewards — whether or not the market has
resolved. A reward earned today is paid the next day. This deliberately
rewards early and continuous quoting rather than waiting for markets to
settle.
2
Paid to your Safe
Rewards are paid on-chain to your Safe. A member with no registered Safe
yet stays accrued until one exists — nothing is lost.
Minimums
There is no arbitrary payout floor. Two real floors exist:- Sub-base-unit rewards round away at accrual.
- An amount below the network gas cost of sending it stays pending and rolls into the next sweep — it is never written off.
What happens if a market is voided
If a market is voided, every share pays 0.50 and your taker fee is refunded (see Voids and postponements). For rewards:- Rewards still pending are simply removed.
- Rewards already paid are not clawed back — you keep them.
In short
Make markets, earn a rebate. When your resting order gets filled, you earn a share of the taker’s fee. Refer traders, earn a share of the fees on their trades. Rewards accrue live and are paid out once a day, whether or not the market has settled, landing in your Safe once the amount clears gas. Void a market and you get 0.50 per share, your fee back, and keep any rewards already paid.
Related
Maker rebates
The rebate curve, per-category rates, and worked examples.
Fees
The taker fee that funds every reward.
Referral program
How to refer traders and track your referrals.
Rewards endpoints
Pending rewards and referral earnings in the API Reference.