Using your Polymarket referral code
When you think of a Polymarket referral code, the first thing that might spring to mind could be a code you enter when you register and get a Polymarket sign up bonus. That’s not what this guide is about, but instead it gives you a breakdown of the multiple benefits of introducing others to Polymarket. It works in a similar way to referral programs you may have seen across all types of other websites, and could add an extra layer to your experience at Polymarket.
In this guide, we’ll cover the basics briefly so you don’t have any gaps in your knowledge, and then get into the details of the program so you can make the most of it if you decide to take part. We’ll look at the criteria you need to meet before you start, getting your Polymarket referral code, and how you can get rewarded over multiple layers of referrals. We’ll also give you a breakdown of the rewards on offer, so you can work out exactly what’s in it for you.
Polymarket referral code pros and cons
- Ongoing rewards for introducing others
- Wide platform availability
- Get rewarded for indirect referrals
- High threshold to qualify
Qualifying for your Polymarket referral code
We won’t go into details about how Polymarket works, it’s already covered in the full Polymarket review as well as other guides on this platform. In short, you are buying Yes/No contracts tied to the outcome of a real world event, with the probability percentage of it occurring translates to the price of each contract. If your prediction is correct, each contract will be worth $1 minus commission, and if your prediction is incorrect your contract will be worth nothing.
This is important, because to qualify to refer others, you’ll need at least $10,000 in trading volume. This might exclude users who only use the platform casually, but if you have ambitions of that type of trading volume in the near future, you can refer others from day one, but you won’t actually receive any rewards until your turnover reaches that milestone. It doesn’t matter which categories you normally make predictions in, activity in the Polymarket election markets counts the same as crypto or business predictions.
Finding your Polymarket referral code
With those basics covered, it’s time to look in detail about how you get your Polymarket referral code and how you use it. If you are not a member of Polymarket just yet, that’s not a problem - as there are just a few simple steps involved.
- Use the banners and links on this page to go straight to Polymarket
- Hit the blue sign-up button top right to bring up the registration form
- Use your Google account to do the hard work here, or go old school and enter your email and password
- Complete all the required information upon signing up
- Read then accept the T&Cs once you are happy, and do the same with the privacy policy
- Hitting register completes the process and your account should now be active
- Complete any other verification required.
- Access your dashboard– this is where you’ll find your unique Polymarket referral code to share with others
Since Polymarket is currently widely available, you should have minimal problems creating your account, but always check the T&Cs to make sure you are not wasting your time.
Before you start sharing your referral code using the button on your account page, we also need to cover a few rules regarding conduct. While Polymarket is more than happy for you to share your code on your social media platforms, website or by email, you can’t post them in the comments section in any market at Polymarket. General spamming is also a big no-no, as are self referrals or referring to other accounts you control. These last misdemeanors actually break the terms of service and could lead to your accounts being closed– and Polymarket clawing back any rewards they have paid you for invalid referrals.
How do you get rewarded for introducing others?
Your referral will need to sign up within 30 days of using your referral code to access Polymarket, and when they do they are added to your direct referrals. You can also benefit from indirect referrals as well, as these are the people who are introduced by your direct referrals. For example, you introduce Jeff, and he in turn introduces Tim and Glen, you’ll get paid for the activity of all three, albeit it at different rates:
| Referral Type | Example | Your Reward |
| Direct referral | Jeff | 10% of net trading fees |
| Indirect referrals | Tim & Glen | 5% of net trading fees |
These referral rewards are paid into your account daily at midnight UTC, and to keep receiving them you’ll need to keep your account in good standing. These rewards only apply for the first 30 days after your referral signs up, or sooner if they reach platinum status, at which point all referral rewards for them will stop. Most users would consider this a better reward than a fixed bonus of $10 or so, as you are paid for your referral’s activity.
How are your rewards calculated?
You get paid based on a percentage of your referrer's net trading fees, which can vary according to which market they are using, as some do not incur any fees at all. You can see how the fees and commission for buying, selling, and trading event contracts works in our Polymarket fees explained guide, but it’s based on the fees Polymarket keeps after any user rebates. If you want to bypass trying to add them all up yourself, you can see your referral rewards adding up live so you can monitor your progress.
Are there any other rewards available at Polymarket?
If you can’t see yourself meeting the eligibility requirements for the referral program there are rewards available for users at Polymarket. Always check for availability, but one that caught our eye were liquidity rewards. Here you are rewarded for posting resting limit orders across various categories like Polymarket sports markets. Like the referral program, these rewards are paid out daily.
Conclusion - use your Polymarket referral code to make the most of a top tier referral program
Many referral programs offer a one-time reward and that's the end of it. Polymarket has taken a different approach by rewarding you based on your referrals' trading activity during their first 30 days on the platform. This means your rewards can grow over time rather than being limited to a single payout. The program becomes even more appealing with its second-level referral system, allowing you to earn rewards when your direct referrals invite others. If you're ready to see how it all works, use the links on this page to visit Polymarket, create your account, and explore the referral program for yourself.
Polymarket referral code FAQ
What are the eligibility criteria for referring others at Polymarket?
To get paid when others use your Polymarket referral code, you’ll need to have an account in good standing and $10,000 in lifetime trading volume. You can still refer others before then, but you just won’t get paid until you pass that level.
Can you refer others without a Polymarket referral code?
No. Your referrals will need to access Polymarket using the referral link you share from your account page.
How far down does the referral program go at Polymarket?
You’ll be rewarded for the activity of your direct referral, who are people you refer yourself. You can also be rewarded for the people they refer as well, so the program works on two tiers.
Do you get referral rewards for as long as your referral is active on Polymarket?
No. You’ll get rewarded for their first 30 days on Polymarket, or sooner if they reach Platinum status first.
How are referral rewards calculated?
Your rewards are calculated at 10% of net trading fees for your direct referrals, and 5% of net trading fees for your indirect referrals.