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Legend documentation

Referrals and rewards

Earn by growing Legend

View Markdown ↗

Every Legend user gets a unique referral link (reflink). When someone signs up through your link, you earn 10% of the eligible Legend builder fees they generate. Your referral rate can increase to 20% based on your rolling 30-day Legend trading volume.

How It Works

  1. Share your reflink -- find it in your profile
  2. They sign up and trade -- your referral is tracked automatically
  3. You earn -- a share of their Legend builder fees accrues in your claimable Rewards balance

Clan Tiers

Every clan unlocks one shared fee-reward rate from its rolling 30-day eligible volume:

Rolling 30-Day Clan VolumeMember RebateLeader Share
Under $100,0000%0%
$100,000+1%1%
$500,000+2%2%
$1,000,000+3%3%
$5,000,000+4%4%
$10,000,000+5%5%

Members earn the rate as a rebate on their own builder fees. Leaders earn the same rate as a share of other members' builder fees and also receive the member rebate on their own trades.

Base Rate

By default, you earn 10% of the eligible Legend builder fees generated by your referred users.

Bonus Tiers

Trade on Legend to unlock higher referral rates:

Rolling 30-Day VolumeReferral Rate
Base10%
$100,000+12.5%
$1,000,000+15%
$10,000,000+17.5%
$100,000,000+20%

Your tier is based on your own executed mainnet notional traded through Legend during the trailing 30 days. Entries and exits both count toward volume. Deposits, withdrawals, transfers, paper trades, and trades made through another app do not count. Tiers are recalculated automatically and may decrease as older trades leave the rolling window.

Referral rewards and clan leader shares are separate streams. If you have a 20% referral rate and your clan has unlocked a 5% leader share, you may receive up to 25% of builder fees from another trader who is both your referral and a member of your clan.

Referred Trader Cashback

Traders who sign up through a referral link receive on Legend builder fees paid on fills associated with a closed losing position.

← PreviousLimits and safeguardsNext →Fees
10% cashback

Fees are charged normally when trades execute. Eligible cashback accrues in the trader's claimable Rewards balance after the losing position closes.

External Chart Notes

Sharing chart notes and feed items externally also counts as referrals. Anyone who signs up through a shared note or feed link is automatically tracked as your referral.

  • Example link: https://app.legend.trade/note/5ca6c978-5877-4060-b7bd-8a7f33a37dda
Chart Note Example

Clan Rewards

Clan rewards benefit members and leaders mutually. The clan's rolling 30-day eligible volume determines one shared rate from 0% to 5%.

  • Members receive the unlocked rate as a rebate on their own Legend builder fees
  • Leaders receive the same rate as a share of other members' Legend builder fees
  • Leaders receive the member rebate on their own trades, but no self leader share
  • Only current members' mainnet notional traded through Legend while in the clan counts toward the tier
  • Entries and exits count; deposits, withdrawals, transfers, paper trades, and trades through another app do not
  • Fees are charged normally, and clan rebates and leader shares accrue as rewards claimable from your profile
  • If a member has a manually granted fee rebate, it does not stack with the clan rebate; the higher rate applies
Note

To create a clan, you need at least $1,000 in lifetime notional trading volume on Legend. See Clans for more details.

Claiming Rewards

Referral rewards, clan rewards, eligible fee rebates, and referred-trader cashback are combined in your claimable Rewards balance.

Selecting Claim claims your full available balance. The minimum claim is $10, and successful claims are paid in USDC to your primary Legend wallet.