diff --git a/programs/drift/src/math/constants.rs b/programs/drift/src/math/constants.rs
index 85a294413..c9fdf0201 100644
--- a/programs/drift/src/math/constants.rs
+++ b/programs/drift/src/math/constants.rs
@@ -151,7 +151,7 @@ pub const FEE_POOL_TO_REVENUE_POOL_THRESHOLD: u128 = TWO_HUNDRED_FIFTY_QUOTE as
 
 // FEES
 pub const ONE_BPS_DENOMINATOR: u32 = 10000;
-pub const MAX_REFERRER_REWARD_EPOCH_UPPER_BOUND: u64 = (4000 * QUOTE_PRECISION) as u64;
+pub const MAX_REFERRER_REWARD_EPOCH_UPPER_BOUND: u64 = (150000 * QUOTE_PRECISION) as u64;
 pub const LP_FEE_SLICE_NUMERATOR: u128 = 8;
 pub const LP_FEE_SLICE_DENOMINATOR: u128 = 10;
 pub const FEE_DENOMINATOR: u32 = 10 * ONE_BPS_DENOMINATOR;