Referral rewards apply automatically for trading fees incurred by the following actions:
- Executing a Swap
- Opening or increasing the size of a Leverage Trade position
- Closing or decreasing the size of a Leverage Trade position
- Having your Leverage Trade position liquidated
- Borrowing fee paid when increasing or decreasing a position
Based on your Referral Tier, these points are redeemable for preLVL every week. All preLVL rewards gained through this program have a 7-day vesting period on the chain of your preference.