Referral System

The Referral System is designed to attract new users through existing players and help grow the Timeless Market community. By inviting others to join, users can earn rewards from the trading activity

The Referral Summary provides a full overview of referral activity, including:

  • Total referral trading volume (USD1)

  • Total rewards earned by referrer (USD1)

  • Total number of referred users

  • Total number of referees who have traded

  • Date filters - view results by custom date range (From – To)

Transaction History

The Referral History page displays up to 20 records per page, showing:

  • Referee wallet address

  • Trade timestamp

  • Trade volume (USD1)

  • Referrer reward (USD1)

All data is stored on-chain to ensure transparency and verifiability.

VIP Program - Fee Rebate System

Users who maintain high trading volumes can unlock VIP levels and receive monthly fee rebates. This encourages active trading and long-term participation.

Mechanism

The system automatically tracks users’ 30-day trading volume.

  • The system automatically tracks users’ 30-day trading volume.

  • Each cycle runs from 00:00 UTC on the 1st of each month, lasting 30 days.

  • At the end of the cycle, users can claim their fee rebate on-chain.

  • After claiming, the VIP level resets to 0 for the next cycle.

VIP Tiers

VIP Level
30-Day Volume (USD1)
Fee Rebate (%)
Perks

VIP 0

< 5,000

0%

VIP 1

≥ 5,000

10%

VIP 2

≥ 10,000

20%

Can create 1 prediction event/month

VIP 3

≥ 20,000

30%

Can create 2 prediction events/month

VIP 4

≥ 40,000

40%

Can create 3 prediction events/month

VIP 5

≥ 80,000

50%

Can create 4 prediction events/month

VIP 6

≥ 240,000

60%

Can create 5 prediction events/month

VIP 7

≥ 480,000

70%

Can create unlimited prediction events

Example:

If a user trades $100,000 USD1 in 30 days and pays $3,000 USD1 in trading fees:

  • Current level: VIP 5

  • Rebate: 50% of fees → 0.5 × $3,000 = $1,500 USD1

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