Referrals

Earn CP and USDC when new traders join XO with your referral link and trade in eligible markets.

Invite new traders to XO and earn a share of the rewards and fees generated by their eligible activity. Referral earnings have two tracks: CP credits instantly, while USDC is settled automatically at the end of each weekly period.

Your tier, current rates, settlement countdown, and each referee’s remaining reward window are shown on the Referrals page. Those live values control your rewards.

How referrals work

1. Open Referrals and copy your personal invite link.
2. Share the link with someone who does not already have an XO account.
3. They open the link and create their account. XO records you as their referrer during signup.
4. When they trade in an eligible market, their taker volume moves you through the tier ladder and can generate CP and USDC rewards.
5. Follow each referee’s volume, trades, CP reward, USDC reward, and remaining eligibility window on the Referrals page.

Your link uses your XO username in lowercase:

https://beta.xo.market/?r=<your-username>

You can also use Share to X directly from the Referrals page.

Who can be referred

Referral attribution is available only when a new user signs up through your link. An existing XO user cannot be added to a referrer later by opening a referral link.

The first valid referral is permanent. A referee cannot switch referrers, and opening another person’s link does not overwrite the existing relationship.

For a new referee, the earning window begins with their first eligible trade and lasts 180 days. Signup alone does not start the clock. The Referrals page shows the time remaining beside each user.

Referral relationships that existed when this program launched received a new 180-day window from the launch date. Only activity after launch earns under the current program; earlier trades are not paid retroactively.

What you earn

CP referral rewards

You receive a percentage of the CP awarded to your direct referees for eligible trading. The percentage depends on the tier band reached by their cumulative eligible taker volume.

CP is credited as soon as the referee’s CP settles. See Conviction Points for how CP is earned and used.

USDC fee share

When a direct referee takes liquidity in an eligible fee-enabled market, you receive 5% to 15% of the taker fee, depending on the applicable tier band.

XO allocates 15% of eligible taker fees to the referral pool. Your tier determines how much of the fee you receive, and the referral does not add a separate charge to the referee. USDC accrues during the weekly settlement period and is pushed automatically to your XO wallet.

One-time 50 CP bonus

You receive a one-time 50 CP bonus when a referee funds their account and reaches at least $10 in eligible taker volume.

Each qualifying referee can trigger this bonus once. It is paid to the referrer in addition to the ongoing CP and USDC rewards.

Referral tiers

Your tier is based on cumulative eligible taker volume from your direct referees. The same ladder controls both reward rates.

Tier	Unlocks at	CP share rate	USDC fee-share rate
Bronze	Default tier	10%	5%
Silver	$1,000+	15%	7.5%
Gold	$50,000+	20%	10%
Platinum	$500,000+	25%	12.5%
Diamond	$5,000,000+	30%	15%

Rates apply by volume band. Reaching a higher tier does not recalculate earlier activity at the new rate. If an eligible trade crosses a tier boundary, XO applies each rate only to the portion of volume inside that band.

The tier card shows your current CP and USDC rates, progress to the next tier, remaining required volume, and total referred signups.

Worked example

Assume you are in the Gold band and a direct referee makes an eligible taker trade that generates:

• 100 CP for the referee
• 1.00 USDC in taker fees

At Gold, your referral rates are 20% for CP and 10% for USDC:

CP reward = 100 CP × 20% = 20 CP
USDC reward = 1.00 USDC × 10% = 0.10 USDC

The CP is credited when the referee’s CP settles. The 0.10 USDC is added to your current referral settlement balance.

If the trade crosses from one tier into the next, the reward is split across the two volume bands rather than applying the higher rate to the entire trade.

Settlement and history

Reward	Timing	Destination
CP	Credited as the referee’s eligible CP settles	Your CP balance
USDC	Settled weekly; the Referrals page shows the countdown	Your XO smart wallet

USDC payouts are automatic, so there is no claim or withdrawal step. The current schedule pays every Monday; use the countdown on the Referrals page for the exact settlement time. At launch, the minimum weekly USDC payout is 1 USDC. A weekly balance below that amount remains pending and rolls into a later payout.

Use Earnings to see activity by referee. After a period settles, History shows the completed period and paid referral rewards.

Eligible activity

Referral rewards and tier volume can come from eligible XO order-book markets, including supported CLOB, Pulse, and Conviction markets. The market must have CP rewards or referral-compatible trading fees enabled.

Only taker volume moves your referral tier and generates USDC fee share. Maker fills do not add referral tier volume or USDC fee share. Legacy AMM (LMSR) markets are excluded.

What does not earn

Referral rewards do not accrue when any of these conditions apply:

• The referee already had an XO account before opening your link.
• The user was already attributed to another referrer.
• The trade occurs after the referee’s 180-day earning window.
• The market is not eligible for referral rewards.
• The activity comes from a legacy AMM (LMSR) market.
• The activity is maker volume or a fee-free trade; it does not generate USDC fee share.
• The trade does not generate CP or an eligible taker fee.
• The relationship is a self-referral, linked-account referral, or other ineligible activity.
• The user was referred by one of your referees. XO rewards direct referrals only.

Signups and link clicks do not move your tier on their own. Tier progress comes from eligible taker volume.

XO may exclude referral relationships or rewards connected to self-referrals, linked accounts, manipulation, or other activity that violates the platform’s terms.