> For the complete documentation index, see [llms.txt](https://docs.liminal.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.liminal.money/more/referral.md).

# Referral

## Overview

Liminal’s Referral Program rewards users, creators, and builders who help grow the Liminal ecosystem. It applies across all Liminal products, including Customized, limUSD, and xTokens, through a simple and scalable revenue-sharing model.

The program features a three-level referral structure, allowing you to earn from users you refer directly, as well as users invited by your referral network. All rewards come from protocol revenue and are paid directly in USDC.

**Start earning by creating your referral link** [**here**](https://liminal.money/referral)**.**

## How It Works

Every user earns 25% of the net revenue generated by their direct referrals, with no balance requirements. You also earn from users invited by your referral network through second- and third-level revenue sharing.

**Revenue Sharing Structure**

| **Level**              | **Description**                         | **Revenue Share** |
| ---------------------- | --------------------------------------- | ----------------- |
| **Level 1 – Direct**   | Users you refer directly                | **25%**           |
| **Level 2 – Indirect** | Users invited by your Level 1 referrals | **5%**            |
| **Level 3 – Extended** | Users invited by your Level 2 referrals | **2%**            |

Total potential revenue sharing: up to 32%.

## How This Works in Practice

Share your referral link through a guide, a thread, or a private conversation. When someone joins Liminal through your link and uses a Liminal product, you earn 25% of the net revenue they generate, paid directly in USDC.

As your referrals invite new users, you also earn 5% of the net revenue generated by your Level 2 referrals and 2% from your Level 3 referrals.

One link can continue generating revenue over time as your referral network continues to invite new users, without additional action.

## Getting Started

Liminal’s Referral Program is available to users who have already used at least one Liminal product.

You can create your referral code and generate your unique referral link from the [referral dashboard](https://liminal.money/referral). Once created, the link can be shared with other users, and eligible activity will automatically be attributed to your account.

## Analytics Dashboard

Once your referral code is created, you can access the analytics dashboard [here](https://liminal.money/referral).

The dashboard provides visibility into your direct, second-level, and third-level referrals across Customized and Tokenized products, as well as your accumulated USDC rewards. Rewards can be claimed directly from the dashboard.

## VIP Program

The VIP Program is designed for content creators and power users who contribute to the adoption and education of Liminal and the wider Hyperliquid ecosystem.

Eligible participants receive enhanced revenue sharing, paid directly in USDC. The program is particularly suited to users with an active audience or a strong presence within the Hyperliquid ecosystem.

Content creators and power users can apply to the VIP Program [here](https://forms.gle/29xa3xb4QC5LRZxv9).

## Builder Program

Liminal’s Builder Program is designed for protocols, integrators, curators, and builders that integrate Liminal products into their own applications.

By sharing protocol revenue with builders, the program aligns participants around a common goal: making Hyperliquid’s native yield easier to access by distributing it through ecosystems, protocols, and DeFi products.

Builders earn a share of the revenue generated by integrations that drive real activity, while Liminal and the wider Hyperliquid ecosystem benefit from increased utility and adoption. Rewards are paid directly in USDC.

Builders and integrators can apply to the Builder Program [here](https://forms.gle/o9AxZgNjW7R6euZE6).