LZLZL/Prediction markets/Rebates
FREEJUDGE IT B · RebatesSubsidy

Referral
rewritten once, so most guides are stale

2026-08-21 · terms effective 2026-05-28; checked 2026-08

Most important first: these terms were cut in half on 2026-05-28 — from 30% for 180 days down to 10% for 30 days. Large numbers of guides in both languages still quote the old figures. Second most important: the person referred receives nothing; "signup bonus" claims are third-party marketing.

1Current terms

ItemCurrent (from 2026-05-28)
Who is paidthe referrer gets 10% of the recruit's net taker fees; indirect referrals pay 5%
The recruit getsnothing. No discount, no bonus, no rebate
"Net fee"venue receipts = taker fee the recruit's own ladder rebate
Duration30 days from signup, or until they reach Platinum, whichever first
Eligibilitythe referrer needs $10k lifetime volume before earning (the code can be made earlier)
Binding?r=<code> → 30-day cookie → locked at the moment of web signup
Applies tonew accounts only. Existing wallets cannot be attached retroactively
Payoutdaily at 00:00Z, straight to balance

2"Net fee" hides a layer

10% sounds simple, but it is computed on the net figure, not what the recruit paid gross:

referrer receives = (recruit's taker fees − recruit's own ladder rebate) × 10% so: the higher their tier, the less you receive

An unintuitive consequence: recruiting a high-volume trader discounts you — high volume means a high tier, a high ladder rebate, and therefore less net for the venue. A Gold recruit leaves the venue only 82% of gross, and your 10% is computed on that.

3⚠ Self-referral is prohibited in writing, and the exposure is collective

⚠ Chasing this one can cost you the other three

The terms explicitly forbid self-referrals, referring accounts you control, and inauthentic trading, and reserve the right to disqualify unilaterally and claw back what was paid.

The scope is what matters: the terms permit removing an offender from every reward programme — so this one can take the maker rebate, the taker ladder and LP rewards with it.

And detection costs nothing: transfers between wallets controlled by one person are publicly visible on-chain. Limited upside, unlimited downside.

4What it is worth

Effective uplift
The taker fee itself1.75pp
Ladder (Gold)0.32pp
Referralabout 10% of the fee ≈ 0.18pp
Both maxed0.17–0.18pp

Notethe last row is not the sum of the two above it, because the ladder erodes referral's base (the net-fee definition) — they partly overlap. Both maxed only moves the required gross edge from about 1.75pp to about 1.5pp.

This one also has a property the others lack: it depends on other people. The other three you earn by trading. This needs someone to sign up through you and actually trade. Building it into your own P&L model is dangerous — it is income you do not control.

5A separate programme that gets confused with it

The venue's perps business runs an independent referral programme with different rates and settlement periods. If the numbers in a guide do not match, check which one it means.

6How to spot a stale guide

If it saysThen
"30%" or "180 days"stale — pre-2026-05-28 terms
"the referred party also gets a bonus"false — the recruit gets zero
"existing accounts can be linked"false — new accounts, at web signup only
no checking date givenunassessable — treat as stale by default

That last one generalises: this venue has revised its rules more than once and does not notify you. Any article about fees or subsidies is unusable without a checking date — including this one, which is why every entry here carries one at the top and in the evidence block.

If you are opening an account

Polymarket supports connecting a wallet or signing up by email; the email route creates a custodial wallet, so no prior crypto experience is required.

This entry is about the economics of exactly this arrangement, so to state it plainly: if you are signing up anyway, you can use my referral link: 👉注册Polymarket. Per §1, the referrer receives 10% and the recruit receives nothing — so using it or not makes no difference whatsoever to your costs. You will pay neither more nor less. Consider it encouragement to keep these entries coming. Not using it is entirely fine — nothing here gets shorter because of it.

Practical notebinding happens at the moment of web signup and only for new accounts. Existing accounts cannot be attached.

7One line to keep

This subsidy goes entirely to the referrer and none of it to the recruit — so anyone telling you "use my code, it helps you too" has either not read the terms or is lying. Once you know that, whose link you use becomes a purely social choice rather than one that affects your costs.

EvidenceCheck it yourself

Current terms official referral-programme page (terms effective 2026-05-28) plus help-centre entries, checked 2026-08-12.
Recruit gets zero there is no clause paying the referred party; third-party "signup bonus" claims have no official source.
Net fee venue receipts = taker fee − the recruit's own ladder rebate, so the ladder erodes the base.
Prohibition and scope the terms forbid self-referrals, referring controlled accounts, and inauthentic trading; they reserve disqualification and clawback, and permit removal from every reward programme.
Effective uplift both rebates maxed ≈ 0.17–0.18pp against a 1.75pp fee line; basis in the four rebates.
Separate perps programme different rates and settlement periods; do not mix.
Disclosure this page contains my own referral link; the economics are stated in the box above §7.
Checked 2026-08. These rules changed once and will change again — verify before betting.

NextWhere to go

B · REBATES
Four rulebooks, four pools
B · REBATES
The ladder that erodes this one's base
A · MECHANICS
The taker fee: the denominator
A · MECHANICS
Start here
This is an educational and research record. It is not investment advice, promises no returns, and offers no personalised trading recommendations. Rules and API behaviour are per the official documentation; this page states when it was checked and both can change without notice. Prediction markets are restricted or unavailable in some jurisdictions — confirm your own before taking part.