Best Crypto Affiliate and Referral Programs (2026)
Compare Legend, Propr, Hyperliquid, and Lucid Trading affiliate programs by reward basis, access, payout rules, and referral features.
Crypto referral and affiliate programs use different reward bases. Some share trading fees; others pay commissions on evaluation fees or purchases. This guide compares Legend, Propr, Hyperliquid referrals, and Lucid Trading using public terms as of November 2026. Check each program's current terms before you join or share a code.
Public sources: Propr's affiliate page, Propr's affiliate terms, Propr's integrations program, Hyperliquid's referrals documentation, Hyperliquid's staking referral documentation, and Lucid Trading's affiliate page.
Which affiliate program fits your audience?
Legend uses one link for referred trades and Capital purchases. Affiliates earn 10% of referred users' Legend builder fees; their own rolling 30-day Legend volume can raise the rate to 20%. The link also pays 5% of net Legend Capital revenue on referred account purchases and resets. View the Legend referral program and Legend Capital programs.
Propr uses net evaluation fees and published tiers. Hyperliquid's native codes use referred-user fees after user discounts. Lucid Trading is invite-only and lists no public rate. Each model can fit a different audience.
Head to Head
| Program | Reward basis | Access and requirements | Payout details |
|---|---|---|---|
| Legend | 10%–20% of Legend builder fees on referred trades; 5% of net Capital revenue on purchases and resets | Every Legend account has a referral link; no application | Claim in USDC in the app; $10 minimum combined claim |
| Propr | Up to 15% of net evaluation fees; affiliates also earn points from referred users | Application, approval, KYC before commission payout, and age 18+ | Monthly USDC commission, within the first 7 days of the next month |
| Hyperliquid | 10% of referred-user fees, less their fee discount | Create a code after $10,000 in personal volume | Claim after rewards exceed $1; credited to spot balance |
| Lucid Trading | No public rate listed | Invite-only; the page says applications are closed | Public payout terms are not listed |
Where It Is Decided
What activity earns a reward?
Legend measures trading rewards against its own builder fee. The reward is not a percentage of a referred user's trading volume or all exchange fees. The referrer's own rolling 30-day Legend volume sets the tier: below $100,000 earns 10%; $100,000 earns 12.5%; $1 million earns 15%; $10 million earns 17.5%; and $100 million earns 20%. Referred-user volume does not set the tier.
Capital rewards use a separate basis: 5% of net revenue on each referred account purchase and reset, across all programs and web or mobile purchases while attribution remains. Net revenue is the amount paid after discounts and app-store fees. Free purchases earn no commission; refunds reverse rewards. A referred user gets 5% off a first wallet purchase. The discount does not apply in app stores or stack with coupons; the better offer applies.
Propr lists commission up to 15% of net evaluation fees. Its public affiliate terms state that tiers unlock as referred revenue grows, with thresholds published up to $10,000 in referred revenue. A tier stays unlocked once earned. This makes the commission basis and the tier rules distinct from Legend's builder-fee tiers.
What does joining require?
Every Legend account has a referral link. Find it in the app under Rewards. No application is required. The program does not allow self-referrals. The referred person must use the link to set referral attribution.
Propr requires an application, approval, KYC before payouts, and an 18+ age. Its separate integrations program for bots and terminals lists a 25% lifetime revenue share. This is not the standard affiliate commission.
Hyperliquid says a referrer can create a code at app.hyperliquid.xyz/referrals after reaching $10,000 in personal volume. Referred users get a 4% fee discount on their first $25 million of volume, excluding vaults and sub-accounts. The reward applies to their first $1 billion in volume and is reduced by any fee discount.
Lucid Trading's public page describes an invite-only program, closed applications, and direct partner selection based on trading credibility, community, brand alignment, and consistency. It lists no public rate.
When and how are rewards paid?
Legend rewards accrue continuously. Claim USDC to the primary wallet through Claim Rewards in the app. The combined minimum is $10; claims above $10,000 need operator approval. Rewards are not sent automatically after each trade.
Propr pays monthly in USDC within the first seven days of the next month. Approval and KYC are required. Affiliates also earn 20% of points generated by referred users; these $PROPR airdrop points are not cash commission or a launched token.
Hyperliquid rewards become claimable above $1 and go to the spot balance. The referral program covers a user's first $1 billion in volume. Its staking referral documentation describes a proposal with no definitive mainnet implementation. It is not a live reward program.
Lucid Trading does not publish the public payout terms or commission rates for its invite-only program. A partner should ask the team for terms before accepting an invitation.
Which structure matches your community?
One Legend link covers trading and Capital referrals, with separate reward bases and a wallet-purchase discount. Propr lists tiers for evaluation referrals, Hyperliquid codes follow its native fee rules, and Lucid Trading selects invite-only partners without a public rate.
Frequently asked questions
Which crypto affiliate program has a public rate?
Legend publishes a 10%–20% share of its builder fees on referred trades and 5% of net Capital revenue on referred purchases and resets. Propr publishes up to 15% on net evaluation fees. Hyperliquid's native referral documentation lists a 10% share of referred-user fees, reduced by any fee discount.
Does Legend require an affiliate application?
No. Every Legend account has a referral link in the app under Rewards. The program does not allow self-referrals, and a referred user must use the link to set attribution.
Is Lucid Trading's affiliate program open to everyone?
No. Lucid Trading describes its program as invite-only and says applications are closed. Its public page does not list commission rates.
Do Hyperliquid codes replace the Legend referral program?
No. Hyperliquid documentation says a builder code overrides a referral code for that order. Orders placed through Legend use the Legend builder fee, and Legend's affiliate program applies to those orders. Hyperliquid's own referral code can apply to eligible orders that do not use a builder code.