Hyperliquid Referral Code:
Concept211

How Does the Hyperliquid Referral Program Work?

When you sign up through a referral link, a 4% discount is permanently attached to your wallet address. Every trading fee you pay — on both spot and perpetual markets — is automatically reduced by 4% for your first $25 million in cumulative volume. At the base taker rate of 0.045%, you pay 0.0432% instead. The discount is applied on-chain with no promo code to enter and no manual activation required. It also stacks with HYPE staking discounts for up to 42% total fee reduction.

How Much Can You Earn from Hyperliquid Referrals?

Referrers earn a share of the trading fees generated by every user who signs up through their link. The exact percentage mirrors the discount: the same 4% that your referrals save on fees is credited back to you as the referrer. This means if a referred trader generates $100 in fees, you receive $4. Earnings accumulate automatically and are claimable directly on the platform. There is no cap on the number of users you can refer, so high-volume referrers with active communities can build a meaningful passive income stream from their network.

How Do You Get a Hyperliquid Referral Code?

You can use the referral code Concept211 displayed on this page. Click the referral link above to visit app.hyperliquid.xyz/join/Concept211, connect your wallet, and the 4% discount is applied instantly. If you already have a Hyperliquid account and want your own referral code to share, navigate to the "Referrals" tab inside the Hyperliquid app to generate a personal link. Remember: referral codes can only be applied at account creation, so share yours before your friends sign up.

Unlike centralized exchanges that let you enter promo codes at any time, Hyperliquid's referral code can only be applied at account creation. When you visit the referral link, the discount is embedded in the URL and locked to your wallet the moment you connect. There is no way to add a referral code retroactively - users who sign up directly without one pay full fees permanently.

The referral discount also stacks with HYPE token staking discounts, which can reduce fees by an additional 5% to 40% depending on how much HYPE you stake. Combined, the two discounts can reduce your effective taker fee from 0.045% down to roughly 0.026% - a 42% total reduction. For a detailed breakdown of all fee tiers and optimization strategies, see our complete fee guide.

The program works the same for all markets on Hyperliquid, including native perpetuals and HIP-3 builder markets like stocks and commodities on trade.xyz. Whether you are a casual trader placing a few trades per week or a high-frequency algorithmic trader, the 4% discount applies uniformly to every fee you pay.