# Trade-to-Earn Program Traders can passively earn AIPX tokens by utilizing the protocol. In order to help incentivize and reward trading activity, traders on the aiPX Protocol automatically receive AIPX loyalty tokens, or lyAIPX, depending on the size of swaps and trading positions in USD. These lyAIPX tokens can then be converted into AIPX tokens after a 24 hour vesting period. Essentially, for every $1 traded, you receive 1 lyAIPX. This creates a positive flywheel that contributes to increased trading volume and more passive, real yield for aiPX protocol users. ### Daily Rewards A total of 3,200 AIPX per day is allocated to traders on aiPX. The conversion rate of lyAIPX to AIPX is dependent on the total amount of trading volume in each 24 hour period.\ \ For example, if the total trading volume of aiPX is $1M on April 14, and you contributed $10,000 in trading volume, you would receive 10,000 lyAIPX.\ \ If 3,200 AIPX in rewards are allocated for that day, you would receive 32 AIPX.\ \ \&#xNAN;*Calculation: (10,000 lyAIPX) / (1,000,000) \* (3,200 AIPX) = 32 AIPX* Note: As lyAIPX is not intended to be a tradable asset but a redeemable certificate for AIPX, liquidity will not be provided for lyAIPX. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://aipx.gitbook.io/aipx-documentation/incentive-programs/trade-to-earn-program.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.