The dYdX Affiliate Program is designed to provide clear and attractive incentives for affiliates. Affiliates can earn commissions based on the taker fees generated by the users they refer to the protocol.
The program currently features a lifetime commission model, meaning affiliates continue to earn as long as their referred users keep trading on dYdX. Additionally, commissions are paid out instantly and automatically on-chain in USDC, ensuring real-time transparency and quick access to earnings without any delays.
To safeguard the protocol against fraudulent activity, users must generate at least $10,000 in trading volume before gaining access to their unique affiliate link on dYdX.
The dYdX Affiliate Program is divided into two tiers:
Standard affiliates can earn up to 15% of the taker fees from their referrals, with potential earnings of up to 3,000 USDC per referral within a 30-day period.
VIP affiliates can earn up to 50% of referred user taker fees, with a maximum of $10,000 per referral per 30-day rolling period.
On October 22, 2024, the dYdX community elected Kuyen Labs to onboard and manage the VIP Affiliate Program. Their responsibility includes regularly submitting an on-chain proposal to whitelist new and/or removing underperforming VIP affiliates.
If you're interested in becoming a VIP Affiliate, you can apply here. The VIP Affiliate tier is generally reserved for those with track records of successful referrals on other crypto affiliate programs, a large social media following of at least 30,000 real followers, and a noticeable social influence. Professional market makers or trading firms are not eligible to apply as a VIP affiliate.
Unlock affiliate access: In order to unlock your affiliate link, you need to have generated at least $10,000 in trading volume on dYdX. This can be done with or without leverage. For example, opening a 1000 USDC position with 5x leverage, and then closing it would suffice.
Copy your affiliate link: Next, head over to the Affiliate page, click on “Invite Friends” and copy your unique affiliate link.
Spread the word: Share your affiliate link with your friends and across social media.
Monitor Your Performance: Use the affiliate dashboard to track your referrals, trading volumes, and earned commissions. This transparency allows you to optimize your strategies and maximize your rewards.