Backtrade: talking points for a partner review The figures are the launch schedule; the rates in force are always in the app. The offer You get 1% of the settled result of your referrals' trades. Your community gets 0.2% of the same base back, and a way into the BACK economy. Their referral part of the fee falls from 1.2% to 1% of the settled result. Example · a $1,000 result: Partner +$10, Trader +$2 This is the referral part only: the protocol's base fee of 2% is charged separately. The 0.2% back lowers the referral part by 0.2 percentage points; it is not a 0.2% discount on the fee. When it pays When it pays: Eligible winning and losing closes of the traders bound to you. No reward on: Liquidations at launch, closes while winners wait in the payout queue, and wallets that enabled trading before your link reached them. On an eligible close your share is credited to your exchange balance in the same transaction: there is no partner payout schedule and nothing to claim. The binding is permanent, and credits continue for as long as the referral makes eligible trades. The rates can change through the timelock. What to show your audience • 1000× · Leverage up to 1000×: Size the exposure freely within the caps. High leverage sharply raises the risk of liquidation. • 1 click · Buy and sell in one click: Open and close with no order book and no wallet popup for each trade. • 0 · Slippage: Fills at the Hyperliquid mid. Within the caps, a position's size does not move that price. • 0 · Funding payments: No periodic charge for holding a position. • LP · A pool built by trading: Traders' losses fill the LP, and it pays winning trades by the protocol's rules. • 0 · Spread: Entry and exit at the midpoint of the best bid and ask, with no markup on the price. Opening is free: there is no fee on the position's size. A winning PnL is adjusted by the protocol's formula, and closing fees are charged on the settled result. Leverage of up to 1000× can lose the whole margin on a small move. BACK economics • A loss is recorded: A losing close or a liquidation is the basis for minting BACK by the emission rules. • BACK staked: The trader stakes the tokens they received. Their share is their stake over the total staked. • A share of income in USDC: What is available is distributed to stakers in proportion to their stakes. • 50% — of the base trading fees goes to stakers, while the liquidity and queue conditions allow • LP surplus — the pool above $500,000 is distributed by the protocol's rules; when funds are short, a queue can form Your community can take part in the exchange's economy even after a losing trade. BACK gives a share of distributions through staking. It is not company equity and not a promise to win back lost money. How to start 1. Connect your wallet: Right on this page, or on Referrals in the app. Its address works as your code at once; after your first deposit you can pick a name of your own. 2. Share your link: A new user opens it before they first enable trading and confirms your invitation, with 0.2% back. 3. Follow your credits: The app's Referrals page shows your referrals and your earnings. Each credit lands in your balance in the transaction of the eligible close. A short review Backtrade is an on-chain exchange on HyperEVM for BTC and ETH, with leverage up to 1000× and no funding, spread or slippage on the fill price within the caps. A winning result is adjusted, and closes pay fees on the settled result. Through my referral link you get 0.2% of the settled result back on eligible closes, and I earn a 1% partner share. Liquidations at launch and closes while the payout queue holds claims are excluded. For eligible recorded losses a trader gets BACK; staking it gives a share of the USDC distributions available. BACK does not guarantee that losses are recovered. Leverage can lose the whole margin. Check the terms and the current rates in the Backtrade app. Sources https://backtrade.xyz/referrals/ https://docs.backtrade.xyz/learn/referrals/ https://docs.backtrade.xyz/learn/staking-rewards/ https://docs.backtrade.xyz/ Leveraged trading can lose the whole margin. Partner income and BACK payouts depend on activity and on the protocol's conditions. The money examples illustrate the calculation and are not a forecast of returns. When you promote, disclose your interest as a partner.