> For the complete documentation index, see [llms.txt](https://docs.mememax.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.mememax.com/trading/referrals.md).

# Referrals

### Overview

The MemeMax Referral Program allows users to earn rewards by inviting friends to trade on the platform. Every user receives a unique referral code upon account creation, making it easy to share and start earning from referred trading activity.

The program is designed to reward long-term participation with a simple and transparent commission structure.

***

### How Referrals Work

* **Referral Code:** Each user is automatically assigned a referral code when their account is created.
* **Commission Rate:** Referrers earn a **fixed 10% commission** based on the trading fees generated by their referred users.

***

### Referral Rewards

* **Reward Type:** USDC
* **Network:** Arbitrum One

***

### Calculation & Distribution

* **Calculation Time:** Daily, starting at **00:00:00 UTC**
* Referral commissions are calculated based on the trading fees generated by referred users during the previous period.

***

### Notes

* Referral rewards are subject to platform rules and anti-abuse measures.
* MemeMax reserves the right to adjust, suspend, or terminate the referral program in cases of abuse or non-ethical behavior.