Referrals

• Campaign Duration: Starting March 26, 2025

• Prize pool: 720,000 SWELL

• After the campaign ends, referrers will receive 20% of the Builder Code fee (based on the total trading volume of referees) until a new policy is implemented.

Campaign Objective

• Reward existing users, KOLs, and supporters for referring new participants.

• Strengthen brand loyalty and community engagement.

• Effectively monitor and analyze referral performance.

• Define the launch date and duration within the trading competition timeline.

Target Audience

• Current HyperSwell users.

• Members of the Swell ecosystem.

• The Hyperliquid community.

Mechanics & Process

• Users receive a unique referral link/code via their Hyper account.

• When a new user connects wallet/trade on HyperSwell using the referral link, they must meet predefined conditions (have minimum $5k trading volume).

• Rewards are automatically credited once conditions are met.

• A dashboard allows referrers to track their referral status and earned rewards.

• Referral success can impact a trader’s competition ranking.

Rewards Distribution:

• Referee Rewards: New users receive an NFT badge offer for signing up through a referral link/code. This NFT can be used to claim a discount on the Builder Code Fee.

• Referrers Rewards:

• Rewards from Season 1: 84,000 SWELL. The top 20 referrers (based on the total trading volume of referees) earn 4,200 SWELL each + NFT badges

• Reward from referral campaign: 720,000 SWELL.

Tier	Referrals Required	Max Reward Per Referrer	Total Tier Pool
Bronze	1–4 referrals	1,500 Swell	60,000 Swell
Silver	5–9 referrals	5,000 Swell	120,000 Swell
Gold	10–24 referrals	12,000 Swell	180,000 Swell
Platinum	25–49 referrals	30,000 Swell	200,000 Swell
Diamond	50+ referrals	60,000 Swell	160,000 Swell

Scenario 1: Unused Swell in Lower Tiers

If Bronze or Silver tiers don’t use their full allocation, the extra Swell should roll up to reward higher-tier referrers. For example:

Reallocation Strategy

• 50% → Gold Tier

• 30% → Platinum Tier

• 20% → Diamond Tier

Scenario 2: Unused Swell in Higher Tiers

If Platinum or Diamond referrers don’t fully claim their rewards, the extra Swell can be redistributed in this possible way:

Create a Special Bonus Pool (Reward Top Performers)

1. The extra Swell is reserved for the Top 10 Referrers based on total referrals.

2. This encourages an elite-level competition for the best performers.

👉 The exact reallocation plan will be announced at the end of the referrals campaign, based on participation and final reward claims.