All about the Polymarket referral code and program
When users learn that Polymarket is available to them, they can get excited and jump straight into trading on real-world events without exploring the site’s rewards. Thankfully, the Polymarket referral program is pretty straightforward, and all you have to do is share your unique link to get new users to join the site. You can find your unique referral link by clicking the Refer & Earn button under the Profile settings, and your referral must use it within 30 days after receiving it for your referral to qualify.
If everything goes successfully, Polymarket will credit you with 10% of the net fees generated by your direct referral. Further, you’ll receive an additional 5% of the net fees generated by any users referred by your direct referral. These rewards apply for the first 30 days after your referral signs up, and you’ll receive them once a day at midnight UTC in Polymarket USD (pUSD).
The catch? You can’t start to receive referral offers right away, as your account must first reach a $10,000 lifetime trading volume for you to become eligible for this promotion. One last thing you’ll want to keep in mind is that some prediction market categories on Polymarket, such as Geopolitical events, don’t generate any trading fees, which means that they don’t pay out referral rewards.
How to claim and use Polymarket’s referral rewards
Getting your hands on the Polymarket referral rewards is easy, mainly because the site already comes with a user-friendly interface. In a nutshell, generating your referral link, sharing it, and collecting your bonus should look something like this:
- Log in to your account through the Polymarket US mobile app or desktop site.
- Tap on the Profile icon at the top of the screen to reveal the Refer & Earn button, which you can click to find your unique link.
- Copy your link and share it with friends through texts, social media posts, or messages, depending on what works best for you.
- Your friend must click the link and register with Polymarket within 30 days. They should also complete the applicable KYC verification requirements and deposit at least $10 within this timeframe.
- Once your friend is all set up and starts trading on eligible markets, you’ll start receiving 10% of their net Polymarket fees in pUSD.
- If your friend invites other people to Polymarket, you’ll also receive 5% of the net fees generated by those referrals on eligible markets.
- You can then use your pUSD to continue trading on Polymarket or withdraw it directly if you meet the necessary eligibility requirements.
Pros and Cons of Polymarket’s referral code
While the Polymarket referral program provides a lot of benefits, including rewards from both direct and indirect referrals, it also comes with a few limitations. Take a look at its key pros and cons below:
Pros
Rewards for direct and indirect referrals Easy to claim and use You’ll receive rewards dailyCons
Requires a $10,000 trading volumeOther bonuses you’ll want to explore at Polymarket
The referral program is a notable promotion, but it’s not the only offer available on this prediction market site. In fact, Polymarket is available in Florida, California, and the rest of the US, offering rewards to all types of traders, including the welcome bonus, the Holding Rewards program, and the Liquidity Rewards program. These offers are just as straightforward as the referral program, as you’ll see below:
The welcome bonus
If you don’t yet have an account at Polymarket, the good news is that you may be in for a treat with the prediction market site’s welcome bonus. The offer applies automatically when you create a new account and provides a trading bonus of up to $25, depending on your region. To qualify, you’ll need to enter a promo code during the sign-up process and complete the standard KYC verification requirements.
For traders who are curious about where they can find the latest Polymarket promo codes, the truth is that there are several codes circulating online. Fortunately, the banners you see on this page will display the code you’ll need for Polymarket. Beyond that, the last important term worth noting if you plan on taking advantage of the Polymarket welcome offer is the eligible minimum deposit of $10.
The Holding Rewards program
The Holding Rewards program is meant to encourage traders to maintain positions in long-duration markets. The way it works is simple: you maintain long-term positions, and Polymarket will compensate you with an annualized reward rate of 3.25% on your holdings. These could include markets covering presidential events, long-term crypto prices, or even climate change, with the available options depending on the specified eligible event contracts.
To determine the exact reward you’ll receive, Polymarket randomly samples your account balance once every hour. It then calculates the total value of your positions based on the current price of your Yes or No event contracts. The resulting figure is used to calculate your reward, which is then paid directly to your account every day, in the form of pUSD.
If you’re eyeing this promotion, always keep in mind that not every market or event contract qualifies for Holding Rewards. This is why you should review the eligibility requirements regularly, and specifically before taking a long-term position, to avoid missing out on some rewards.
Liquidity Rewards & Maker Rebates
If holding positions for the long term isn’t really your thing, the good news is that you can still enjoy the Liquidity Rewards program. Here, Polymarket offers rewards to any trader who places resting limit orders that are close to the market’s average price. This means that you don’t even need to complete a successful trade to receive rewards, making the program well worth your attention.
For more context, a resting limit order is created when you place an order to buy an event contract at a price that isn’t currently available in the market. The order sits in the order book as you wait for a seller that’s willing to meet you at your price point. During this time, the resting limit order adds liquidity to the market, attracting the Liquidity Rewards from Polymarket.
As for the Maker Rebates, these come in when Polymarket collects taker fees from eligible fee-generating markets. These taker fees are then pooled and redistributed back to the makers who provided the liquidity. You could receive up to $1 a day through the Liquidity Rewards program, but if your Maker Rebates are below $1, then you might not receive any reward at all.
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A summary of the generous rewards available at Polymarket
Since Polymarket is available in Texas and every other US state, it’s important to completely understand how the site’s offers work and what they could get you. The table below gives you a quick overview of the main Polymarket rewards and their potential benefits:
| Polymarket rewards | What you could potentially get |
|---|---|
| Referral program | 10% of direct referrals’ net fees + 5% of indirect referrals’ net fees |
| Welcome offer | Bonus funds of up to $25, depending on your region |
| Holding Rewards | 3.35% annualized reward rate |
| Liquidity Rewards | Up to $1 per day through Liquidity Rewards |
Take advantage of Polymarket’s referral program and ongoing rewards
And there, you have it, everything you need to know about Polymarket’s referral code. For one, you can access your unique referral code or link directly from your dashboard and share it with your friends, who can use it to sign up for the platform within 30 days. Once they register and meet the eligibility requirements, you’ll receive 10% of your direct referrals’ net fees and 5% of your indirect referrals’ net fees across the applicable 30-day period.
This promotion is quite straightforward, much like Polymarket’s other rewards. For instance, there’s the welcome offer that’s credited automatically when you create a new account and meet the eligibility requirements. If you prefer holding their position for the long run, you can also receive Holding Rewards, provided you maintain eligible positions on the specified markets.
Rounding out the available Polymarket rewards is the Liquidity Rewards, which get you a bonus for placing resting limit orders and adding liquidity in certain markets. To explore these offers yourself, follow the links attached to the banners on this page to Polymarket and create a new account. From there, you can use the step-by-step guide above to get started with the referral program and start receiving the daily rewards.
FAQs about the Polymarket bonus code
Yes, Polymarket is available in
, and it operates under the oversight of the Commodity Futures Trading Commission within the US. It also uses account verification and other security measures to protect users and their accounts.
The Polymarket referral program allows traders to invite new users to the platform by sharing a unique referral link. Through this program, you can receive 10% of the net fees generated by your direct referrals and 5% of the net fees generated by any indirect referrals.
To become eligible for the Polymarket referral program, your account must reach at least $10,000 in lifetime trading volume. On top of that, your referral must also sign up and complete the KYC and minimum deposit requirements within 30 days after clicking the referral link.
If your account meets Polymarket’s eligibility requirements, you can access your unique referral link through the Refer & Earn section under your profile settings. You can then copy the link and share it with potential referrals who can join the platform within 30 days of clicking your referral link.
Yes! In addition to the referral rewards, Polymarket gives new traders a strong start with a welcome bonus of up to $20 in bonus funds. From there, you can participate in the Holding Rewards program and the Liquidity Rewards program to receive even more rewards. Keep in mind, though, that all these promotions come with specific eligibility requirements that you’ll need to meet to not miss out on any value.
Wes Burns has more than a decade's worth of experience as a writer, researcher and analyst in the legal gambling industry and is co-founder of BettingUSA.com. As a former professional online poker player, Wes approaches his work from the viewpoint of players.