Zero Cost Basis

Earn pUSD

Earned through activity, never purchased. Trader, referrer, or builder—there's a path for you. Zero cost basis.

Earn while you trade

For Traders

Active traders earn pUSD through trading volume and LossLess protection. The more you trade, the more you earn—with built-in downside protection.

Up to 0.1%
Volume Reward
10% of losses
LossLess Rebate
3 months
Redemption Cliff
1

Trade on Prex Markets

Execute trades on prediction markets. Every trade generates volume that earns you pUSD rewards.

2

Earn Volume Rewards

Receive up to 0.1% of your trading volume as pUSD. Higher volume tiers unlock better earning rates.

3

LossLess Protection

If you close a position at a loss, automatically receive 10% back in pUSD (up to 100 pUSD per event).

4

Unlock & Accumulate

Your pUSD unlocks progressively (10% → 25% → 50% → 100%) as you hit activity milestones.

5

Redeem or Utilize

After 3-month cliff: redeem for USDT, convert to PREX, or use in the pUSD ecosystem.

Best For

Active traders who want to be rewarded for their activity while having downside protection.

Redemption Strategy

Most traders prefer the USDT redemption path for stable, predictable returns—especially if they need liquidity. Long-term believers may wait for PREX conversion for potential upside.

Build your network, earn passively

For Referrers

Community builders earn pUSD from their referral network's activity—up to 5 levels deep. Build once, earn continuously.

5 deep
Referral Levels
20%
L1 Commission
Unlimited
No Earnings Cap
1

Get Your Referral Link

Access your unique referral link from your Prex dashboard. Share it with friends, followers, or community.

2

Build Your Network

When someone signs up through your link, they become your Level 1 referral. Their referrals become your Level 2, and so on.

3

Earn on 5 Levels

L1: 20% • L2: 10% • L3: 5% • L4: 2.5% • L5: 1.25% of their pUSD earnings flow to you.

4

No Caps on Referrals

Unlike LossLess, there's no cap on referral earnings. The bigger your network, the more you earn.

5

Stack Redemption Value

Your referral pUSD has the same redemption rights. Large networks can accumulate significant value.

Best For

Content creators, community leaders, and anyone with an audience interested in prediction markets.

Redemption Strategy

Referrers often prefer PREX conversion for growth exposure—their zero cost basis means any appreciation is pure upside. Those needing liquidity use USDT path.

Get funded to build

For Builders

Developers, content creators, and community contributors can receive Ignite Grants—milestone-vested pUSD for building on Prex.

Milestone-based
Vesting
10K-100K pUSD
Typical Grant
Open to all
Application
1

Apply for Ignite Grant

Submit a proposal for your project: tools, integrations, content, community initiatives, or ecosystem contributions.

2

Get Approved & Funded

If approved, receive a pUSD grant allocation with milestone-based vesting (typically 25% per milestone).

3

Deliver Milestones

Complete your deliverables. Each milestone unlocks a portion of your grant allocation.

4

Stack with Other Earnings

Grant pUSD stacks with any trading or referral earnings. Build AND earn from your own usage.

5

Long-term Alignment

Most builders prefer PREX conversion—success of their project often correlates with PREX value.

Best For

Developers building tools, content creators, analysts, and community organizers who want to be compensated for their contributions.

Redemption Strategy

Builders tend to prefer PREX conversion—their contributions directly impact Prex's success, so they benefit from aligned incentives. Those with immediate needs use USDT.

Universal

Principles That Apply to Everyone

Zero Cost Basis

Every pUSD you earn costs you nothing. Any positive redemption value is pure gain.

3-Month Cliff

All pUSD must mature 3 months before USDT redemption. Plan accordingly.

Treasury-Backed

Your pUSD is backed by real protocol revenue, not inflationary emissions.

Stack & Compound

Trading, referral, and grant earnings all stack. Multiple streams compound.

Start Earning Today

Create your Prex account and start earning pUSD immediately. Your first allocation unlocks the moment you sign up.