Ondo PerpsDiscount code
5% off trading fees
Ondo Perps referral code: KFSLR8. Sign up with this code to get 5% off trading fees.
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At a glance
- What changed
- A two-week referral boost: $20 to $60 per qualified referred trader for the referrer, 10% of their trading fees, and $20 in USDC for each qualified trader.
- Who it affects
- Ondo Perps users with a referral code, new referrers, and new traders who sign up with any referral code, deposit $500 and trade $2,000.
- When
- 28 October 5:00 ET (09:00 UTC) to 11 November 9:00 ET (14:00 UTC); USDC rewards are funded within five business days after the close.
A two-week boost on top of the normal referral program
Ondo Perps announced a new referral boost on its official X account on 28 October 2026. For two weeks, until 11 November, anyone who brings new traders to the platform can earn a fixed USDC reward for each one who qualifies, on top of 10% of the trading fees those traders pay.
The boost sits alongside the existing referral program rather than replacing it. Ondo says traders who sign up with a referral code keep their 5% discount on trading fees, and referral points continue as before. Existing referral codes take part automatically, so current referrers do not need to register again, and new referrers can join on the same terms.
Three tiers, paid at the highest one you reach
The fixed reward depends on how many qualified traders a referrer brings in during the campaign: $20 each for the first five, $40 each for six to twenty, and $60 each from twenty-one upwards.
The important detail is that tiers apply backwards. When a referrer reaches a new tier, every qualified referral, including the earlier ones, is paid at the higher rate. As an illustration of that rule, a referrer with five qualified traders would receive $100, but a sixth qualified trader would lift all six to $40 each, or $240 in total. With twenty-one qualified traders, all of them would be paid $60, which is $1,260. These sums cover the fixed rewards only; the 10% fee share comes on top and depends on how much each referred trader actually trades.
What a referred trader has to do
A referred trader counts as qualified only after three steps. They must sign up with a referral code, deposit at least $500 and keep it on the platform for the whole campaign, and trade at least $2,000 in notional volume, with spot and perps combined, by 11 November.
The $500 test is measured as a net deposit: new deposits made during the campaign minus any withdrawals made during it. A withdrawal that takes that figure below $500 forfeits the reward, so money already on the platform before 28 October does not count toward the threshold, and withdrawing early can undo a qualification. Every qualified trader also receives $20 in USDC, which is the part of the campaign that benefits the person signing up rather than only the referrer.
Timing and payout
The campaign runs from 28 October at 5:00 ET to 11 November at 9:00 ET, which is 09:00 UTC and 14:00 UTC respectively once US daylight saving time ends on 1 November. Rewards are not paid as you go: Ondo says they are funded in USDC at the end of the campaign, within five business days.
Ondo adds that terms and conditions apply, including eligibility requirements and anti-Sybil checks, which are controls meant to stop one person posing as many traders. It has not published how the 10% fee share is calculated beyond the headline figure, so treat any estimate of that part as uncertain.
How this fits with our Ondo Perps code
The Ondo Perps box on this page carries a referral code that gives you 5% off trading fees. Because Ondo says all existing referral codes are eligible for the boost, a new trader who signs up with a code and meets the deposit and volume conditions before 11 November falls within the campaign's definition of a qualified trader. Exchange.news is the referrer for that code. Perpetual futures are leveraged products, and trading losses can be far larger than a $20 reward, so only trade the $2,000 if you would have traded anyway.
The rewards arrive as USDC. If you want to keep some outside the exchange, the Base app at base.app and Phantom, shown in the box below, are both self-custody wallets that hold USDC; check that the network you withdraw on is supported before sending.
Dates to know
As announced by the provider. A listed date does not confirm current availability or eligibility.
- Referral boost opens (5:00 ET)Date passed
- Referral boost closes (9:00 ET)Upcoming date
PhantomPartner offer
10% of trading fees back for 3 months
Phantom referral code: findcodes. Sign up with this code to get 10% of trading fees back for 3 months.
Affiliate link. We may earn a commission, at no extra cost to you.
Conditions
New users who sign up in the Phantom mobile app with this code get 10% of their own eligible trading fees back for three months from signup. Codes apply only at mobile-app signup and cannot be added later. Rebates are paid in CASH to the Phantom Cash balance after a $1 minimum; ID verification may be required. Perps and prediction markets are not available in every region; program terms apply and Phantom may change rates or end the program. Perps are unavailable in the US, UK and US-sanctioned jurisdictions; prediction markets are unavailable in the US, UK, Germany and sanctioned jurisdictions. Program eligibility depends on jurisdiction under the referral terms.
The code and partner link have no expiry. Campaign dates, benefits and eligibility are separate and may change. Check the provider’s current terms before signing up.
