# Referral program
The referral program is beneficial for both the referrer and referee as they both earn rewards from the fees. This program is applicable only for new wallets/accounts. The referral program only applies to fees earned on the DEX section of Metal X and not the Swap section.
| Type | Discount |
| :------: | :------: |
| Referrer | 25% |
| Referee | 5% |
There is no limit to the number of referrals a trader can make. Each account can only use one referral code. Earning rewards as the referee will last for 1 year.
## **Referral link**
Get your referral link after you have connected your [WebAuth Wallet](https://webauth.com/) to Metal X app, visit the Fees tab from the [DEX](https://app.metalx.com/dex/) and click on your Wallet Name to copy the URL to your clipboard.
## **Referral example**
John refers Hank.
Hank creates an account on Metal X and deposits $500 USDC to his wallet.
Hank visits Metal X and buys $500 XUSDC worth of XPR, or 500,000 XPR.
Hank acting as a taker in this transaction.
Hank as the referee pays 0.95 XUSDC as a fee (1 XUSDC base fee Tier 1 minus a 5% reduction).
John as the referrer receives 25% of the 0.95 XUSDC fee or 0.237500 XUSDC
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