What you get with referral code yg6crpy8
Using Reya referral code yg6crpy8 when you create your account on Reya Network unlocks a 10% point bonus that applies to every trade you make on the platform. Points on Reya Network are the protocol's core loyalty and activity reward — the more you trade, the more points you accumulate, and with the referral bonus, your point accrual rate is permanently elevated by 10%.
Points are widely expected to convert to token rewards when Reya Network launches its native token. Participating during the active points phase — especially with a referral bonus that amplifies your earnings from day one — positions early traders to capture a meaningful allocation of the protocol's future token distribution. The 10% increase from code yg6crpy8 compounds over time: the more you trade, the larger the absolute bonus your account accumulates compared to users who registered without a referral code.
Points convert to tokens
Early-stage advantage: Reya Network is in active growth mode. The points program is designed to reward traders who join early and build volume on the platform before a formal token launch. By registering now with referral code yg6crpy8 and securing a 10% boost, every trade you place earns more points than it would for a user without a referral code. The differential accumulates across your entire trading history on the protocol.
No minimum trade size
The bonus applies from your first trade: There is no minimum position size, no minimum volume threshold, and no lock-up period attached to the referral point bonus. You begin earning extra points the moment your first trade executes on Reya Network. Whether you start with a small position to test the platform or deposit significant capital from day one, the 10% bonus from code yg6crpy8 is active throughout.
How to apply the Reya referral code
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Open Reya Network through the referral link Navigate to app.reya.xyz/trade?referredBy=yg6crpy8. The
referredBy=yg6crpy8parameter automatically attaches referral code yg6crpy8 to your new account when you connect a wallet for the first time. Do not clear the URL parameters before connecting your wallet. -
Connect a compatible EVM wallet Click Connect Wallet on the Reya interface and choose a supported wallet. Reya Network is EVM-compatible, so MetaMask, Rabby, Coinbase Wallet, and any WalletConnect-compatible wallet will work. If prompted to add the Reya Network RPC to your wallet, follow the instructions in the interface — this takes only a few seconds.
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Bridge or deposit USDC to Reya Network Fund your Reya account by depositing USDC. The Reya interface integrates bridging from Ethereum and other major networks. Select your source chain, enter your deposit amount, and confirm the transaction in your wallet. The bridge process typically completes within a few minutes. You do not need a separate gas token — Reya Network supports gasless trading.
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Start trading and earn your 10% point bonus With funds in your Reya account, open any perpetual position. Your 10% point bonus from referral code yg6crpy8 is immediately active — every point earned on every trade is boosted by 10% from your very first transaction. Points accumulate automatically in your account dashboard as you trade.
Ready to earn a 10% point bonus on every Reya trade?
Activate yg6crpy8 on Reya NetworkReya Network fee structure
Reya Network uses a competitive fee model designed for active perpetual traders. Trading fees on Reya are denominated in your collateral token — there is no separate gas token requirement, which meaningfully reduces the true cost of frequent trading compared to L1 or general-purpose L2 platforms where gas costs stack on top of trading fees.
| Fee type | Rate | Notes |
|---|---|---|
| Taker fee | Competitive | Applies to market orders and immediately filling limit orders |
| Maker fee | Reduced | Applies to resting limit orders that provide liquidity |
| Gas cost | None | Gasless trade execution — no ETH required for transactions |
| Bridging fee | Minimal | Small fee on first deposit; varies by source network |
| Point bonus | +10% | With referral code yg6crpy8 — permanent, all trades |
The gasless execution model is one of Reya Network's most practical advantages. On Ethereum mainnet or general-purpose L2s like Arbitrum, every trade requires ETH in your wallet for gas — a recurring friction that eats into returns and forces traders to maintain separate ETH balances. Reya's architecture eliminates this entirely.
Point bonus compounding
The 10% point bonus from referral code yg6crpy8 compounds in the same way that any percentage increase compounds over repeated activity. The table below illustrates how the bonus accumulates at different monthly trading volumes.
| Monthly volume | Base points | With yg6crpy8 | Bonus points |
|---|---|---|---|
| $10,000 | 100 pts | 110 pts | +10 pts |
| $50,000 | 500 pts | 550 pts | +50 pts |
| $200,000 | 2,000 pts | 2,200 pts | +200 pts |
| $1,000,000 | 10,000 pts | 11,000 pts | +1,000 pts |
Point values and earning rates are set by the Reya Network protocol and may evolve as the platform matures. The referral bonus percentage of 10% applies on top of whatever the current base earning rate is, ensuring your referral advantage persists through any future changes to the underlying points structure.
Reya Network features
Reya Network is not simply another perpetuals DEX. It is a purpose-built modular L2 that redefines how on-chain derivatives infrastructure is structured. Three architectural decisions distinguish Reya from every other on-chain trading venue: its own dedicated L2, a modular shared-liquidity design, and a passive liquidity pool that eliminates the trader vs. LP tension common in other protocols.
Own L2 — purpose-built for trading
Reya Network operates its own L2 blockchain rather than deploying as a smart contract application on a general-purpose chain like Ethereum, Arbitrum, or Solana. This is a fundamental architectural choice: by controlling the entire execution layer, Reya can implement features that are impossible or impractical when constrained to a shared block space model. Gasless trade execution, custom settlement logic, and deeply integrated risk management are all consequences of operating a dedicated chain rather than renting compute from a general-purpose network.
Operating as a dedicated L2 also means Reya can tune its block times, finality guarantees, and transaction ordering specifically for derivatives trading — a very different workload than the general-purpose smart contract execution that most L2s optimize for. The result is faster order confirmation and more predictable execution compared to trading on a congested general-purpose chain.
Modular architecture — multiple apps, one liquidity layer
Reya's modular design separates the liquidity infrastructure from the trading applications that sit on top of it. Multiple trading frontends — potentially including the native Reya interface and third-party integrators — can all tap into the same shared liquidity pool and risk engine. This is conceptually similar to how a clearing house works in traditional finance: the clearing layer (Reya's core protocol) is shared infrastructure, while individual brokers and trading interfaces (applications built on Reya) provide the user-facing experience.
The practical benefit of this architecture is capital efficiency. Rather than each trading app maintaining its own isolated liquidity pool, all Reya-based apps draw from the same capital base. A dollar of liquidity deposited into Reya serves all applications simultaneously, which means the effective liquidity depth available to any single trading interface is the sum of all capital in the ecosystem, not just the capital committed to that specific app.
Passive liquidity — simplified for depositors
Reya's liquidity pool is designed for passive participation. Unlike GMX's GLP model where LPs must actively monitor their exposure to individual assets, or Uniswap's concentrated liquidity where active management is required to maximize returns, Reya's pool allows depositors to provide capital passively and earn returns from the aggregate trading activity on the network. The pool's risk management system handles hedging and position balancing automatically, abstracting the complexity away from individual depositors.
This model benefits traders too: because passive liquidity is deep and protocol-managed, spreads are tighter and slippage is lower than on platforms where liquidity is fragmented across many individual LPs with varying strategies. The result is a trading environment that feels closer to a centralized exchange in terms of execution quality, while remaining fully on-chain and non-custodial.
Reya vs Hyperliquid vs GMX
The on-chain perpetuals landscape has grown into a multi-horse race. Reya Network, Hyperliquid, and GMX each represent distinct architectural philosophies for how decentralized derivatives trading should be built. The table below captures the key trade-offs.
| Feature | Reya Network | Hyperliquid | GMX |
|---|---|---|---|
| Architecture | Modular L2 | Appchain (HyperBFT) | Smart contracts (Arb/Avax) |
| Liquidity model | Passive shared pool | HLP vault + orderbook | GLP/GM pools |
| Gas requirement | Gasless | Gasless (USDC fees) | ETH/AVAX required |
| Multi-app support | Yes (modular) | No (single platform) | No (single platform) |
| Token | Points → token TBD | HYPE (live) | GMX (live) |
| Referral bonus | +10% points (yg6crpy8) | Fee discount | Fee rebate |
| Custody | Self-custody | Self-custody | Self-custody |
| Open source | Yes | Partial | Yes |
Reya vs Hyperliquid
Hyperliquid has established itself as the leading on-chain perpetuals venue by volume, running on its proprietary HyperBFT consensus with a fully on-chain orderbook. Reya takes a different bet: rather than competing to be the single dominant trading venue, Reya positions itself as shared infrastructure that multiple trading applications can build on. If Reya's modular thesis proves correct, the aggregate volume across all Reya-based apps could eventually rival or exceed a single-venue competitor. Hyperliquid has a live token (HYPE); Reya's current points program is the mechanism for capturing early-stage participation value before a potential token launch.
Reya vs GMX
GMX popularized the passive liquidity pool model for on-chain perpetuals and has processed tens of billions in volume on Arbitrum and Avalanche. Reya's passive pool shares this conceptual lineage but extends it: where GMX's GLP pool serves only the GMX trading interface, Reya's pool serves the entire Reya ecosystem. The gasless execution advantage is also meaningful for frequent traders — GMX requires ETH or AVAX for every transaction, a recurring cost that Reya eliminates. Reya is at an earlier stage than GMX, but its architectural advantages are structural rather than incremental.
About Reya Network
Reya Network was built to solve a problem that every major on-chain perpetuals platform faces: fragmented liquidity, high friction costs, and a fundamental tension between the interests of traders and liquidity providers. The founding team identified that building on top of existing general-purpose chains — even fast and cheap ones — creates architectural constraints that cannot be fully overcome at the application layer. The only way to truly solve for on-chain derivatives was to build the chain itself.
The modular architecture philosophy behind Reya draws on a broader trend in blockchain design: the separation of execution, settlement, and data availability into specialized layers. Reya applies this thinking specifically to trading infrastructure. The core Reya protocol handles risk management, cross-margin settlement, and liquidity provision. Trading applications built on top of Reya inherit these capabilities without needing to reimplement them — significantly lowering the barrier for new trading interfaces to launch with institutional-grade liquidity from day one.
The gasless execution model was a deliberate product decision. The Reya team analyzed the friction points that prevent mainstream adoption of on-chain trading and identified gas management as one of the highest-friction elements. Requiring users to maintain a separate ETH balance, top it up periodically, and account for gas cost variability in their trading economics is a meaningful barrier — particularly for traders who come from a centralized exchange background where execution costs are fixed and predictable. Reya's gasless design meets traders where they are.
The passive liquidity pool design reflects a thesis about where sustainable liquidity comes from on-chain. Active market-making requires sophisticated participants who can manage hedging and inventory risk in real time. Passive pools lower the barrier for capital to enter the protocol by abstracting away this complexity — any participant can deposit USDC and earn a share of trading fees without needing to run a market-making operation. The protocol's risk engine handles the dynamic hedging that active LPs would otherwise need to perform manually.
Reya Network launched its points program as the primary mechanism for bootstrapping early trading activity and rewarding participants who believe in the protocol's long-term direction. By using referral code yg6crpy8 to register on Reya, you join a cohort of early adopters earning points at an accelerated rate — a structural advantage over participants who join later or who registered without a referral bonus.
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