diff --git a/src/subdomains/core/referral/referral.module.ts b/src/subdomains/core/referral/referral.module.ts
index 265bc34db0..a59ed14302 100644
--- a/src/subdomains/core/referral/referral.module.ts
+++ b/src/subdomains/core/referral/referral.module.ts
@@ -33,7 +33,7 @@ import { RefRewardService } from './reward/services/ref-reward.service';
     NotificationModule,
     PricingModule,
     forwardRef(() => TransactionModule),
-    LiquidityManagementModule,
+    forwardRef(() => LiquidityManagementModule),
   ],
   controllers: [RefController, RefRewardController],
   providers: [