dango🍡
8.3K posts




Referral programs in perp dexs are honestly pretty disappointing right now (base version only, no affiliate boosts or multipliers). If someone registers through your ref link and starts trading, here's what you get at minimum (if you're not an influencer) @HyperliquidX (before TGE) points - 25% from referrals cash - 10% of trading fees refs @Lighter_xyz (before TGE) points - 25% from referrals cash - none @StandX_Official points - 5% from referrals cash - none @variational_io points - 10% from referrals cash - 5% of spread fees refs @tradexyz points - none cash - none @extendedapp points - 2.5% from referrals cash - none (if without affilate) @nadoHQ points - TBD (est. 20-35%) cash - none @pacifica_fi points - 10% cash - none (if without affilate) @OstiumLabs points - 20% from referrals cash - none @hibachi_xyz points - none cash - 10% from referrals @etherealdex points - 10% from referrals cash - none @01Exchange points - none cash - none @reya_xyz points - 10% from referrals cash - 10% from referrals Let's be honest - this is actually bad. Hyperliquid is one of the few decent ones. Everything else is straight garbage. Meanwhile @binance, @bitget and @okx pay you minimum 20% commission from your referrals fees with no affiliate program needed (You don't need to be an influencer to upgrade your affiliate boost up to 20%). If perp dexs keep thinking users only want their "exclusive points", don't be surprised when most of them end up like @paradex. Without a proper referral program you'll only attract airdrop farmers who will farm the points, dump everything after TGE, and ghost your platform forever. These points are only useful for airdrop hunters. Real users don't give a shit about them. Look at @BingXOfficial - no native token, no points program at all, and zero airdrop farming. Yet their total trading volume over the last 3 months is almost $1 trillion. Why? Because they actually nailed the marketing and built a proper referral system. In the end, only a few perp dexs will survive, and most users will go back to CEXs if nothing changes on the marketing side for perp dexs. Hopefully perp dex devs fix this. muar.app



Ignition 🍡





Prediction markets will be the biggest airdrops we’ve ever seen 🪂 Kalshi is raising at $22B, Polymarket pre-IPO shares imply ~$15B value. Might be a big surprise for those who gave up on airdrops. Are you farming? 🤔













