> For the complete documentation index, see [llms.txt](https://docs.txflow.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.txflow.com/referral/referral-1.md).
# Referral
### How to refer someone
You can create a referral code on the [Referral Page](https://app.txflow.com/referral) once you have accumulated **$100,000 in trading volume**.
* You earn **10% of your referred users' net fees**, less any discount they receive.
* Referral rewards apply to each referee's (invitee's) **first $1B in volume**.
* Rewards will be automatically credited to your Perp account every hour.
### How to use a referral code
Enter a referral code on the [Referral Page](https://app.txflow.com/referral).
* You receive a **5% fee discount** on your trades for your first **$25M in volume**.
### FAQ
**Can I create multiple referral codes?**
No, each account can create only **one referral code**. Choose wisely!
**Can I change my referral code after creating it?**
No, referral codes are **permanent** once created.
**Can I use my own referral code?**
No. Referrers (Inviters) and referees (Invitees) must be separate accounts.
**What happens after my referee reaches $1B in volume?**
Rewards from that user stop, but rewards from other referrals continue normally.
**Do rewards expire?**
No. Accrued rewards never expire. Claim them anytime once the balance exceeds $1.
**Can I withdraw referral rewards immediately?**
No. Rewards will be automatically credited to your Perp account every hour.