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

# Referral Program

> Refer traders and earn a share of the fees on their trades.

The referral program pays you a share of the **taker fee** on trades made by members you referred. It's one of the two reward types on Calibri — see [Rewards](/concepts/rewards) for the maker rebate and the shared payout mechanics.

## How it works

1. **You refer someone.** They join Calibri through your referral.
2. **They trade as the taker.** Whenever a member you referred crosses the book and pays a taker fee, you (the referrer) accrue a **percentage of that fee**.
3. **You get paid.** Referral rewards accrue live and are paid out by the daily sweep.

The reward is tied to your referred members' **taker activity** — the side that takes liquidity and pays the fee — not their maker (resting-order) activity.

<Note>
  Because the reward is a share **of the taker fee**, a referred trade that pays **no** fee (for example at a very lopsided price — see [Fees](/concepts/fees)) generates **no** referral reward.
</Note>

## The rate

Referral rates are **operator-set per market category and may be zero**. The applicable rate is published in the rewards schedule and shown in-app — this page describes the mechanism, not the numbers.

## How and when you're paid

Referral rewards follow the same flow as every other reward (full detail in [Rewards](/concepts/rewards)):

* **Accrue live.** Each qualifying referred trade records a **pending** referral reward. Nothing moves for the reward at trade time — only the taker fee moves.
* **Watch it grow.** Your pending total is readable in near-real-time; the rewards response separates `maker` and `referral` amounts:
  ```json theme={null}
  { "currency": "usdc", "total": "12.35", "maker": "10.00", "referral": "2.35" }
  ```
* **Daily payout.** A **daily sweep** pays out pending rewards, independent of whether any market has resolved.
* **Paid to your Safe.** Referral rewards are paid **on-chain to your Safe**. A referrer with no registered Safe stays accrued until one exists, and amounts below gas cost roll into the next sweep rather than being lost.

## Voided markets

If a referred trade's market is **voided**, each share pays 0.50 and the taker fee is refunded (see [Voids and postponements](/non-custodial/resolution#voids-and-postponements)). Referral rewards that are still **pending** for it are removed; referral rewards already **paid** are **not clawed back** — you keep them.

## Track your referrals

Your referral earnings — pending and paid — are visible in-app and via the API's rewards endpoints (see the [API Reference](/api-reference/introduction)).

## Related

<CardGroup cols={2}>
  <Card title="Rewards" href="/concepts/rewards">
    Maker rebates, the daily sweep, and payout mechanics.
  </Card>

  <Card title="Fees" href="/concepts/fees">
    The taker fee that funds every referral reward.
  </Card>
</CardGroup>


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