Affiliate Program

1. What is the Referral Commission Program

The Referral Commission Program is a long-term incentive plan open to all eligible traders. Generate your unique referral link, invite friends to trade, and earn ongoing commissions on your direct invitees' trading fees, plus a sub-agent override on your downline network. The more they trade and the wider your network grows, the more you earn.

2. Two Core Benefits

2.1 Direct Commission — Earn on Every Trade Your Invitees Make

• Binding: A user becomes permanently bound to you the first time they connect a wallet via your unique link (https://app.afx.xyz/?referral=[your_code]).

• Commission rule: For every trading fee paid by your invitee, you receive a rebate based on your commission rate.

• Commission rate metric: Your rate is determined by the total cumulative trading volume of your entire downline network (all tiers) and is auto-updated daily at UTC 00:00. The more active your network, the higher your rate.

Commission Rate Tier Schedule:

Cumulative Volume	Commission Rate
≥ $0	10%
≥ $50,000,000	15%
≥ $75,000,000	20%
≥ $100,000,000	25%
≥ $200,000,000	30%
≥ $500,000,000	35%

Volumes are denominated in USDC and refer to the cumulative trading volume of your entire downline network.

2.2 Sub-Agent Override — Fixed 5%, Always Stackable

In addition to direct commissions, you automatically earn a 5% override on the trading fees of second-tier users invited by your direct invitees.

Relationship illustration:

Suppose the referral chain is A → B → C → D → E

Fee Source	Direct Commission (by upline rate)	Sub-Agent Override (fixed 5%)
Generated by B	A	—
Generated by C	B (at B's rate)	A (5%)
Generated by D	C (at C's rate)	B (5%)
Generated by E	D (at D's rate)	C (5%)

Formula:

Your reward this period
= Σ (Direct invitee fees × Your commission rate)
+ Σ (Second-tier user fees × 5%)

Example:

Suppose C generates 100 USDC in trading fees today, and B's commission rate is 35%:

• B's direct commission = 100 × 35% = 35 USDC

• A's sub-agent override = 100 × 5% = 5 USDC

3. Eligibility & Binding Rules

Item	Rule
Generate referral code	Reach 10,000 USDC in personal cumulative trading volume to automatically receive your unique referral code
New user binding	Connecting a wallet via your link automatically establishes a permanent binding
Existing user binding	May manually bind to an upline once; cannot be changed afterwards

4. Settlement & Payout

• Settlement time: settled automatically at UTC 00:00 daily.

• Payout method: commissions are sent directly to your wallet address — no manual claim required.

• Settlement currency: USDC.

5. Why Join the Referral Program

• ✅ Lifetime earnings: every trade by your invitees brings you income — no expiration.

• ✅ Multi-tier stacking: direct commission + 5% sub-agent override means your second-tier network earns for you too.

• ✅ Auto-settled: rewards are paid out automatically at UTC 00:00 every day — zero effort.

• ✅ Rate grows with you: the larger your downline's volume, the higher your commission rate — a positive feedback loop.

6. Notes

• Two separate metrics — do not confuse them:

  • Commission rate upgrade → based on your entire downline network's cumulative trading volume.

  • Sub-agent override → a fixed 5% of your second-tier users' trading fees.

• The platform reserves the right to investigate and reverse rewards from wash trading, self-referrals, related-account cross-invitations, or any other abusive behavior.

• The platform reserves the right to interpret and adjust these rules. Final interpretation rights belong to the platform.