Referrals
Noether has an on-chain referral program. This page shows you how to create your referral code, share it, and how referees bind to it — plus what the program pays once fee sharing goes live.
What works today vs. what’s coming. Creating a code, sharing your link, and binding referees are live now — all of it settles on-chain. The economics (a 4% fee discount for referees and a 10% fee share for referrers) activate in v1.1. Until then, nothing accrues and the Claim button is disabled. Registering early still matters: bindings are permanent, so the network you build now starts earning the moment v1.1 ships.
How the program works
| Role | What you do | What you get (from v1.1) |
|---|---|---|
| Referrer | Register a code, share your link | 10% of every trading fee your referees pay |
| Referee | Open a share link and bind the code | 4% off the fee on every trade |
Three things are true today, before any economics:
- Codes are on-chain. Registering a code is a Stellar transaction owned by your wallet.
- Bindings are on-chain and permanent. Once a wallet binds to a code, it cannot rebind to another one — ever. You also can’t bind to your own code.
- One wallet, one code. Each wallet can register exactly one referral code, and it can’t be changed later.
Create your code
You only need a connected wallet — no sign-in or API key.
Open the Referrals page
Go to Referrals in the top navigation on noether.exchange, and connect your wallet if you haven’t (see Getting started).
Pick a code
In the “Register your referral code” card, enter a code of 3–16 characters using letters, numbers, underscores, and hyphens (A–Z a–z 0–9 _ -). Codes are case-sensitive. When you click away from the field, the page checks availability against the chain — you’ll see ”✓ available” or “already taken” before you submit.
Sign the transaction
Click register and approve one wallet signature. Your code is now recorded on-chain and permanent. The dashboard may show zeroed stats for around 30 seconds while the indexer catches up.
Code registration may be invite-only during the closed beta. If your wallet isn’t cleared to create codes yet, the card reads “Referral codes are invite-only right now” — DM @Noetherdex on X or ask in Discord. Binding to someone else’s code as a referee always works regardless.
Share your link
The Referrals page gives you two copy buttons: one for the bare code, one for the full link. The link format is:
https://noether.exchange/?ref=YOURCODEAny Noether page URL with ?ref=YOURCODE appended captures the code, but the generated link points at the home page.
What your referee sees
When someone opens your link:
- The code is saved in their browser and a floating “Referral · Invitation” card appears, showing the code, your (the referrer’s) address, how many others have joined, and the coming benefit: 4% off every trade — from v1.1.
- They click “Bind referral code” (or “Connect wallet to bind” first) and approve one wallet signature. That’s the on-chain binding.
- After binding, the Referrals page confirms: “You were referred by code X” with the date.
If they dismiss the banner, the code isn’t lost — it’s parked in their browser, and the Referrals page shows a “Have a referral code?” card pre-filled with it so they can bind later. Opening a fresh referral link brings the banner back.
Binding is permanent. A wallet that has already bound to a code cannot switch to a different referrer, so referees should bind to the code they actually want to support.
Earnings and the fee discount (from v1.1)
Once fee accrual ships in v1.1:
- Referees get 4% off the trading fee on every trade. For example, at the base taker rate of 0.050%, that’s a discount of 4% of the fee — not 4% of the trade.
- Referrers earn 10% of every fee their referees pay, accruing to a claimable on-chain balance.
Both rates apply to trading fees (see fees on the trading page). Settlement is on-chain.
Everything runs on Stellar testnet today, so fees — and therefore future referral earnings during this phase — are in test USDC, not real funds.
Claiming (v1.1)
The Referrals page already shows a “Claim earnings” card with your claimable balance, but the button is disabled and labeled “Claims open in v1.1”. Fee accrual and payouts go live together in v1.1; there is nothing to claim before then.
Tracking your referrals
- No sign-in needed for the basics: your code, share link, referee count, and claimable balance are visible with just a connected wallet.
- The collapsible “Advanced — full dashboard” section (trade-by-trade earnings and claims tables) requires a one-time wallet sign-in (you sign a challenge, no funds move). During the closed beta this dashboard is limited to allowlisted wallets — if yours isn’t on the list yet, you’ll see a “Dashboard analytics — closed beta” notice, and everything else on the page keeps working.
Quick reference
| Item | Value |
|---|---|
| Code length | 3–16 characters |
| Allowed characters | Letters, digits, _, - (case-sensitive) |
| Codes per wallet | 1, permanent |
| Binding | 1 wallet signature, permanent, no self-referral |
| Referee discount | 4% of each trading fee — from v1.1 |
| Referrer share | 10% of each referee fee — from v1.1 |
| Claiming | Disabled until v1.1 |
| Share link | https://noether.exchange/?ref=YOURCODE |
Questions about edge cases? Check the FAQ. Building on the program instead? See the referral REST endpoints.