Walt Rewards: Referral Challenge

Referral Challenge has ended

Referral Challenge ended on November 6, 2026, 12:00 UTC.

To learn how and when prizes will be credited, see the When will prizes be credited section.

How the Referral Challenge works

The Referral Challenge is an additional leaderboard within the Walt Rewards program. Referrers compete against each other: every referral who trades crypto assets worth at least $50 helps you climb the leaderboard.

The challenge consists of two stages, each lasting one week.

Each stage has its own leaderboard and prize pool:

  • Stage 1: October 23, 2026, 12:00 UTC – October 30, 2026, 12:00 UTC
  • Stage 2: October 30, 2026, 12:00 UTC – November 6, 2026, 12:00 UTC

Total prize pool: $16,000 in XAUT, with $8,000 allocated to each stage.

Who are the referrer and referral

  • Referrer — a Walt user who shares their referral link.
  • Referral — a user who registers with Walt using a referral link.

How to participate

  1. Share your referral link with friends, communities, or on social media. Check who you can invite
  2. Your friend follows your link and registers with Walt.
  3. Your friend trades crypto assets worth at least $50 and is counted toward your leaderboard ranking.

You start participating in the Referral Challenge once at least one referral qualifies.

When does a referral count

A referral counts toward your ranking if they:

  • Registered with Walt using your referral link.
  • Traded crypto assets worth at least $50 during the challenge. They can buy assets in the Trade or Exchange sections or open a position in perpetuals. They can make multiple purchases, open different positions, and choose different assets. The total trading amount must be at least $50.

Note:

  • A referral counts only once, in the stage during which they meet the trading requirement.
  • Trading amounts from both stages are cumulative. For example, if your friend buys $30 worth of assets in Stage 1 and $20 worth in Stage 2, they count toward your ranking in Stage 2.
  • If your friend follows multiple referral links, the first link they followed is used.
  • The referrer cannot be changed. Learn more

Do friends I invited before the challenge started count

Yes, provided they trade crypto assets worth at least $50 during one of the stages. Trades made before the challenge starts do not count.

How do the challenge stages work

Each stage is a separate competition. At the beginning of Stage 2, the leaderboard resets, and all participants start from zero. The results and prizes for each stage are independent of each other.

Each referral counts only in the stage during which they meet the trading requirement. They do not count again in Stage 2 if they already qualified in Stage 1.

You can win a prize in both stages.

What prizes can I win

Total prize pool: $16,000 in XAUT, with $8,000 allocated to each stage. Prizes are distributed separately based on the results of each stage.

Your leaderboard position and prize amount depend on the number of referrals who qualify during that stage. If multiple participants have the same result, the participant who achieved it first ranks higher.

  • Top 50: each participant receives a fixed prize.
  • Other participants: participants outside the top 50 with at least one qualifying referral enter a random draw for 30 prizes of $50 each. The more qualifying referrals you have, the higher your chance of winning.

Top 50 prize distribution for each stage

Rank Prize in crypto assets

1

$1,000

2

$700

3

$500

4

$300

5

$250

6–10

$150

11–20

$125

21–30

$75

31–50

$50

How are prizes paid

Prizes are paid in XAUT.

Each prize amount is fixed in USD and converted to XAUT at the CoinMarketCap market rate at the time of crediting.

You can keep the credited assets in your balance, exchange them for other tokens, or withdraw them, just like any other assets in Walt.

When will prizes be credited

We will credit prizes after both stages have ended:

  1. Main payout — by November 15, 2026. Prizes will be credited to participants who meet the Walt Rewards Terms and the Referral Program Terms.
  2. Additional verification — by November 22, 2026. In some cases, we may need to verify that you meet the program terms before crediting your prize. For example, we may ask you to complete verification or provide information about the source of your funds. If you receive such a request, submit the requested information by November 22, 2026. Otherwise, we will not be able to credit your prize.
  3. Final payout — by November 29, 2026. If you submit the required information on time, we will credit your prize by this date.

Prizes will be credited to your Walt balance. You can view your credit history in Transaction History.

Can I participate in both the Referral Challenge and the main leaderboard

Yes. You can participate in both leaderboards and qualify for prizes in each.

Will I still receive referral rewards

Yes. Referral rewards will continue to be credited as usual under the Referral Program. Challenge prizes are additional rewards on top of your referral rewards. Learn more about referral rewards

Why doesn't my referral count toward the challenge

There are several possible reasons:

  • Your friend traded before or after the challenge. Only trades made during the challenge period count.
  • Your friend hasn't traded $50 worth of assets yet. To qualify for the leaderboard, they must buy crypto assets in the Trade or Exchange sections or open a perpetuals position with a total trading amount of at least $50 during the challenge.
  • Your friend already counted in a previous stage. Each referral counts only once, in the stage during which they meet the trading requirement.
  • Your friend is not eligible to be invited. For example, they already had a Walt account and used it within the past three months. Learn more about who you can invite
  • Your friend followed another referral or affiliate link first. The first link they followed is taken into account. In this case, the referral is credited to the user whose link they followed first.

If none of these reasons apply, contact our support team, and we'll help you figure it out.

Who can participate

The Referral Challenge is available to users who are eligible for both Walt Rewards and the Referral Program.

If you're eligible to participate in the Referral Challenge, the corresponding section will appear in Rewards in Walt.

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