A GMGN referral code is a rebate mechanism that pays the referrer a cut of the trading fees generated by the people they invite — 10% to 30%, starting at 10%. That is the honest core of it, and it is worth saying plainly at the top because most pages ranking for "gmgn referral code" are written by people collecting that rebate and describing it as a discount for you.

What a referred user gets is murkier, and this page treats it as murky rather than pretending otherwise. GMGN's documentation describes rebates to the referrer; it does not publish a user-side discount. Your trading fee is the flat 1% on every buy and sell regardless of whose code you used.

Disclosure up front, since this site also publishes a link: If you sign up through our link, we may earn a share of GMGN's fee; it does not change your fee. This is an independent guide; GMGN AI App Guide is not affiliated with GMGN.

What does a GMGN referral code actually do?

People search this as "gmgn invite code", "invite code gmgn", "referral code gmgn" or just "referral gmgn" — it is all the same single feature, and GMGN uses "invite" and "referral" interchangeably in its own interface.

Mechanically, a referral code attaches your account to a referrer at signup. From then on, a share of the 1% GMGN fee you pay is credited back to that referrer instead of staying with GMGN. Nothing about your trade changes — same routing, same 1%, same priority fees and tips.

Here is the split as GMGN documents it:

Party What is documented What is not documented
Referrer Earns 10%–30% of referred users' trading fees; 10% is the base rate Exact criteria for each higher tier
Referred user Standard flat 1% GMGN fee on buys and sells Any published discount, rebate or cashback
GMGN Keeps the remainder of the 1%

The scale of this is real money. GMGN has paid referrers roughly $35.3M all-time as of August 2026, against about $303.4M in lifetime fees per DefiLlama data read 8 September 2026. Back out the ratio and the blended payout lands near 14.7% — well above the 10% base, well below the 30% headline. That single number tells you most referrers are on base or slightly elevated rates.

If you want the full cost picture that this 1% sits inside, read GMGN fees explained. The referral share comes out of GMGN's slice, not out of the priority fee or tip, which go to validators and private nodes.

The disputed "discount": what a referred user really gets

This is the part worth being careful about, because it is where most affiliate content quietly misleads.

  • What GMGN's docs say: referrers earn rebates. There is no documented discount, fee reduction or cashback for the person who signs up with an invite code.
  • What affiliate sites often say: "Sign up with our code and get 30% off fees." That framing takes the referrer's 30% maximum rebate and presents it as a discount to you.
  • The honest position: GMGN's docs describe rebates to the referrer, not a published discount for the referred user. Verify any discount claim on gmgn.ai/rewards yourself.

Some referrers do voluntarily share part of their rebate with their referees, off-platform. That is an arrangement between two people, not a GMGN feature, and there is no on-platform enforcement if the referrer stops. Judge those offers accordingly.

For contrast, a competitor that does document both sides: Axiom publishes tiered SOL cashback of 0.05%–0.25% (taking its effective fee from 1% down toward 0.75%) and a 10% referral discount for the referred user. That difference is a legitimate reason to compare the two, which we do in GMGN vs Axiom. It is not a reason to claim GMGN has cashback it has not published.

GMGN documents two link shapes. They carry the same code; the difference is only where the user lands.

Format Link shape Best for
Web terminal https://gmgn.ai/r/CODE Browser users, desktop traders, anyone using the full terminal
Telegram bot https://t.me/gmgnaibot?start=i_CODE Audiences that trade from Telegram, group communities

Practical notes on choosing between them:

  1. If your audience mostly uses the GMGN Telegram bot, the t.me format removes a step — they land in the bot already attributed.
  2. If they will use copy trading or automation, point them at the web link. Copy trading is Solana-only and requires Telegram login; a browser-wallet login cannot run tasks at all.
  3. Telegram login and Phantom login create separate GMGN accounts that do not merge. If someone signs up one way then switches, they are effectively starting over. See GMGN login methods before you tell people which route to take.

Verify the handle character by character when you share a Telegram link. Scammers substitute a capital "I" for a lowercase "l" in bot handles, and the resulting link is visually identical in most fonts. The phishing check guide walks through that verification.

How to get your own GMGN referral code

The flow is short:

  1. Log in to gmgn.ai with any supported method — Telegram, Google, email, Phantom or MetaMask.
  2. Open gmgn.ai/rewards, the referral and rewards dashboard.
  3. Copy your code and your link. Your numeric UID is shown alongside it in settings; keep it, because support tickets ask for it.
  4. Share the web link, the Telegram link, or both.
  5. Track referred users and accrued rebates from the same rewards page.

To move above the 10% base rate, GMGN documents an application form rather than an automatic volume ladder. In practice that means the higher end of the 10%–30% range goes to people who can demonstrate distribution — a community, a channel, a group with real trading activity. GMGN's own marketing language for the program is "up to 30% rebates, easily earn over $8000 monthly", which brings us to the math worth doing before you plan around it.

The $8,000-a-month math

Take GMGN's "$8,000 monthly" line and reverse it, because it is the single most-quoted number in this category and it is rarely unpacked.

At a 1% fee, $8,000 of referrer earnings requires:

Your rebate rate Fees your referees must generate Their monthly trading volume
30% (top tier) ~$26,700 ~$2.67M
14.7% (blended average) ~$54,400 ~$5.44M
10% (base rate) ~$80,000 ~$8.0M

So "easily earn over $8000 monthly" means: your referred users collectively push somewhere between $2.7M and $8M of volume through GMGN every month, depending on your tier. That is a real community, not a link in a bio. The figure is achievable — GMGN has paid out $35.3M all-time, so someone is earning it — but it is a distribution business, not a passive one.

A useful sanity check: those totals are spread across a long tail. A referred trader doing 1 SOL per trade and 20 trades a month generates about 0.2 SOL in GMGN fees, of which base rate returns you 0.02 SOL. Scale from there honestly.

The Telegram group route

Beyond individual links, GMGN documents a group mechanic: add the GMGN bot to a Telegram group and earn on trades made by members of that group. Same rebate economics, different distribution.

This suits a few situations:

  • A trading community where members already share calls and would otherwise each pick a random link.
  • A signals channel. People search "gmgn signal copy" expecting a product that copies signals automatically; what actually exists is the app's Monitor / AI Signal tab for discovery plus the separate copy trading system that follows specific wallets. Neither auto-executes a chat message, so a group bot plus a wallet to follow is the closest real workflow.
  • A group where you would rather not push a personal link into every conversation.

Two constraints to keep in mind. Copy trading caps at 10 concurrent tasks per account and limit orders cap at 100 active orders, so your members hit ceilings you should mention rather than let them discover mid-session.

What GMGN rewards do not include

Several high-volume searches describe things that do not exist. Naming them directly:

Search term Reality per GMGN's docs
"gmgn sign up bonus" No signup bonus is documented
"gmgn 100 sol bonus" Not a GMGN promotion; scam-post phrasing
"gmgn cashback" GMGN does not document trader-side SOL cashback
"gmgn fees vault" No feature by that name is documented; fees are a flat 1% with rebates to referrers
"gmgn lucky spins" No spin or wheel mechanic exists
"claim free SOL" No claim flow; there is nothing to claim

The reasoning is structural, not just an absence of documentation. GMGN's referral program pays out of fees that have already been collected. There is no documented mechanism in the product where GMGN sends SOL to an account that has not traded. Anything shaped like "deposit nothing, receive SOL" is inverted relative to how the system works.

Related: there is also no official GMGN token, NFT or airdrop as of September 2026 — a lot of fake "rewards" promos borrow that framing. The detail is on our GMGN coin and token page.

Referral scams to recognize

The referral category attracts a specific set of frauds. The pattern is consistent enough to list:

  1. "Exclusive code, 50% off fees." No such tier exists in either direction. GMGN's documented maximum is 30% to the referrer.
  2. Fake rewards dashboards. A lookalike domain that reproduces gmgn.ai/rewards and asks you to connect a wallet to "claim accrued rebates". Real rebates accrue to your logged-in account; nothing needs a wallet signature to be released. Known typosquats include app-gmgn-ai.com and gmgn-app.at. There is no gmgn.io or gmgn.com official site.
  3. DM recruitment. Someone claiming to be GMGN staff offering you a 30% partner tier if you send a deposit, pay a "verification fee" or share your 2FA. GMGN does not DM first, and private key export is disabled on all chains, so nobody legitimate will ever ask for a key.
  4. Code-swapping links. A shortened URL that redirects through someone else's referral before landing on gmgn.ai. Expand short links before sharing them to your own audience.
  5. "Airdrop for referrers." Combines two fictions — there is no airdrop, and referral rebates are paid in fees, not tokens.

If something looks like an official offer and you cannot confirm it from @gmgnai, t.me/gmgnai or docs.gmgn.ai, it is not official. Routes for checking are on the GMGN support page.

Key takeaways

  • A GMGN referral code pays the referrer 10%–30% of referred users' trading fees; 10% is the base and higher tiers come by application. The measured all-time blended rate is about 14.7%.
  • GMGN's docs describe rebates to the referrer, not a published discount for the referred user. Verify any "30% off" claim on gmgn.ai/rewards yourself.
  • Two link formats: gmgn.ai/r/CODE for the web terminal and t.me/gmgnaibot?start=i_CODE for the bot. Adding the bot to a Telegram group is a third route.
  • The "$8,000 monthly" marketing figure implies roughly $2.7M–$8M of monthly referee volume depending on your rate.
  • No signup bonus, no 100 SOL bonus, no trader cashback, no "fees vault" and no free SOL claim are documented. Those phrases signal scams.
  • Whichever code you use, you pay the same flat 1%, so choose a referrer whose content you actually find useful.

Ready to look at the terminal itself? Start with how to use GMGN or the GMGN AI app overview. Open GMGN

Frequently asked questions

What does a GMGN referral code actually give me as a new user?

GMGN's documentation describes rebates paid to the referrer, not a published discount for the person who signs up. Your trading fee is the standard flat 1% either way. If an affiliate page promises you a specific percentage off, check gmgn.ai/rewards yourself before believing it.

How much does a GMGN referrer earn?

Between 10% and 30% of the trading fees generated by users they referred. Everyone starts at the 10% base rate; higher rates come from an application process. The measured blended payout across all referrers is roughly 14.7% all-time, so 30% is the exception, not the norm.

What are the two GMGN referral link formats?

The web format is https://gmgn.ai/r/CODE and the Telegram bot format is https://t.me/gmgnaibot?start=i_CODE. Both attach the same code. Use the Telegram one if your audience will trade through the bot, and the web one for the browser terminal.

Is there a GMGN sign up bonus or 100 SOL bonus?

No. GMGN does not document any signup bonus, and there is no 100 SOL bonus, lucky spin or free SOL claim anywhere in its docs. Those phrases come from scam posts that use GMGN's name. The gmgn.ai/rewards page is a referral dashboard, not a giveaway.

Does GMGN pay cashback to traders?

GMGN does not document SOL cashback for traders. Its rebates flow to referrers out of collected fees. Axiom, by contrast, documents tiered SOL cashback of 0.05%–0.25% and a 10% referral discount, which is one reason the two get compared.

Can I earn from a Telegram group?

Yes. GMGN documents a route where you add its bot to a Telegram group and earn on trades made by that group. It is the same rebate economics as a personal code, just distributed through a community rather than a link.

Ready to try the GMGN AI app?

Open the official terminal, install the iOS or Android app, or start with the Telegram bot. Keep only trading capital in the wallet.

Sources: GMGN documentation, DefiLlama, official app store listings and GMGN's public channels. See our methodology. Last reviewed 2026-09-22.