The referral program runs on a yield-sharing model: as your referred friends hold USD with Hyperbeat, you earn a share of the treasury yield their balances generate.

Once a friend you referred is active, you receive an ongoing percentage of the treasury yield their balance produces. Your share grows as you refer more friends and as the balances they hold increase. The exact percentage you earn is set by your referral tier (see "What are the referral tier levels and how do I level up?").

When someone signs up using your link, they're automatically connected to your account.

For a friend to start counting toward your rewards, they need to:

That last step is important. A friend who signs up and deposits but hasn't made a card payment yet does not count toward your rewards. Their balance only starts earning you a share once they've made their first card payment.

The balance that earns you a share is your friend's total deposits across Hyperbeat: their beatUSD, their Master USD+ vault, and any USD+ they've supplied to Morpho, all combined. This is the same set of deposits that determines their own BeatPass tier. For more on how those deposits work, see "How does cashback work on Hyperbeat Pay?"

The referral relationship lasts one year from sign-up. You keep earning your share of yield as long as your friends maintain their balances during that time.

The Rewards page shows the status of everyone you've referred: whether they've signed up, completed verification, and made their first payment. Keep in mind that a friend showing as active has started getting set up, but their balance only counts toward your tier once they've made that first card payment.
​
​
​
​
​