diff --git a/CHANGELOG.md b/CHANGELOG.md
index be86dd75526..f4cd4e0d114 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -308,6 +308,7 @@
 - [9747](https://github.com/vegaprotocol/vega/issues/9747) - Return correct destination type
 - [9541](https://github.com/vegaprotocol/vega/issues/9731) - Add filtering for party to the referral fees API.
 - [9751](https://github.com/vegaprotocol/vega/issues/9751) - Make sure that LP fee party accounts exists.
+- [9762](https://github.com/vegaprotocol/vega/issues/9762) - Referral fees API not filtering by party correctly.
 
 ## 0.72.1
 
diff --git a/datanode/sqlstore/referral_fee_stats.go b/datanode/sqlstore/referral_fee_stats.go
index 9dd1b223e57..a217be0a44e 100644
--- a/datanode/sqlstore/referral_fee_stats.go
+++ b/datanode/sqlstore/referral_fee_stats.go
@@ -21,6 +21,8 @@ import (
 	"fmt"
 	"strings"
 
+	eventspb "code.vegaprotocol.io/vega/protos/vega/events/v1"
+
 	"github.com/georgysavva/scany/pgxscan"
 
 	"code.vegaprotocol.io/vega/datanode/metrics"
@@ -120,9 +122,46 @@ func (rfs *ReferralFeeStats) GetFeeStats(ctx context.Context, marketID *entities
 		return nil, errors.New("no referral fee stats found")
 	}
 
+	// the query returns the full JSON object and doesn't filter for the referrer/referee,
+	// it only matches on the records where the json object contains the referrer/referee
+	if referrerID != nil {
+		// filter the results to only include the results for the given referrer
+		stats[0].TotalRewardsPaid = filterPartyAmounts(stats[0].TotalRewardsPaid, *referrerID)
+		stats[0].ReferrerRewardsGenerated = filterReferrerRewardsGenerated(stats[0].ReferrerRewardsGenerated, *referrerID)
+	}
+
+	if refereeID != nil {
+		// filter the results to only include the results for the given referee
+		for i, rrg := range stats[0].ReferrerRewardsGenerated {
+			stats[0].ReferrerRewardsGenerated[i].GeneratedReward = filterPartyAmounts(rrg.GeneratedReward, *refereeID)
+		}
+		stats[0].RefereesDiscountApplied = filterPartyAmounts(stats[0].RefereesDiscountApplied, *refereeID)
+		stats[0].VolumeDiscountApplied = filterPartyAmounts(stats[0].VolumeDiscountApplied, *refereeID)
+	}
+
 	return &stats[0], err
 }
 
+func filterPartyAmounts(totalRewardsPaid []*eventspb.PartyAmount, party string) []*eventspb.PartyAmount {
+	filteredTotalRewardsPaid := make([]*eventspb.PartyAmount, 0)
+	for _, reward := range totalRewardsPaid {
+		if strings.EqualFold(reward.Party, party) {
+			filteredTotalRewardsPaid = append(filteredTotalRewardsPaid, reward)
+		}
+	}
+	return filteredTotalRewardsPaid
+}
+
+func filterReferrerRewardsGenerated(rewardsGenerated []*eventspb.ReferrerRewardsGenerated, referrer string) []*eventspb.ReferrerRewardsGenerated {
+	filteredReferrerRewardsGenerated := make([]*eventspb.ReferrerRewardsGenerated, 0)
+	for _, reward := range rewardsGenerated {
+		if strings.EqualFold(reward.Referrer, referrer) {
+			filteredReferrerRewardsGenerated = append(filteredReferrerRewardsGenerated, reward)
+		}
+	}
+	return filteredReferrerRewardsGenerated
+}
+
 func getPartyFilter(referrerID, refereeID *string) string {
 	builder := strings.Builder{}
 	if referrerID == nil && refereeID == nil {
diff --git a/datanode/sqlstore/referral_fee_stats_test.go b/datanode/sqlstore/referral_fee_stats_test.go
index ed1938c1f08..3886be6020c 100644
--- a/datanode/sqlstore/referral_fee_stats_test.go
+++ b/datanode/sqlstore/referral_fee_stats_test.go
@@ -478,7 +478,38 @@ func testGetFeeStatsForRefereeAndEpoch(t *testing.T) {
 	stats := setupFeeStats(t, ctx, stores.fs)
 
 	// get the stats for the first market and epoch
-	want := stats[1]
+	expected := stats[1]
+	want := entities.ReferralFeeStats{
+		MarketID: entities.MarketID("deadbeef01"),
+		AssetID:  entities.AssetID("deadbaad01"),
+		EpochSeq: 2,
+		TotalRewardsPaid: []*eventspb.PartyAmount{
+			{
+				Party:  "cafedaad01",
+				Amount: "1100000",
+			},
+		},
+		ReferrerRewardsGenerated: []*eventspb.ReferrerRewardsGenerated{
+			{
+				Referrer: "cafedaad01",
+				GeneratedReward: []*eventspb.PartyAmount{
+					{
+						Party:  "cafed00d01",
+						Amount: "550000",
+					},
+				},
+			},
+		},
+		RefereesDiscountApplied: []*eventspb.PartyAmount{
+			{
+				Party:  "cafed00d01",
+				Amount: "110000",
+			},
+		},
+		VolumeDiscountApplied: []*eventspb.PartyAmount{},
+		VegaTime:              expected.VegaTime,
+	}
+
 	got, err := stores.fs.GetFeeStats(ctx, nil, &want.AssetID, ptr.From(want.EpochSeq), nil,
 		&want.ReferrerRewardsGenerated[0].GeneratedReward[0].Party)
 	require.NoError(t, err)
@@ -503,7 +534,37 @@ func testGetFeeStatsForRefereeLatest(t *testing.T) {
 	stats := setupFeeStats(t, ctx, stores.fs)
 
 	// get the stats for the first market and epoch
-	want := stats[2]
+	expected := stats[2]
+	want := entities.ReferralFeeStats{
+		MarketID: entities.MarketID("deadbeef01"),
+		AssetID:  entities.AssetID("deadbaad01"),
+		EpochSeq: 3,
+		TotalRewardsPaid: []*eventspb.PartyAmount{
+			{
+				Party:  "cafedaad01",
+				Amount: "1200000",
+			},
+		},
+		ReferrerRewardsGenerated: []*eventspb.ReferrerRewardsGenerated{
+			{
+				Referrer: "cafedaad01",
+				GeneratedReward: []*eventspb.PartyAmount{
+					{
+						Party:  "cafed00d01",
+						Amount: "600000",
+					},
+				},
+			},
+		},
+		RefereesDiscountApplied: []*eventspb.PartyAmount{
+			{
+				Party:  "cafed00d01",
+				Amount: "120000",
+			},
+		},
+		VolumeDiscountApplied: []*eventspb.PartyAmount{},
+		VegaTime:              expected.VegaTime,
+	}
 	got, err := stores.fs.GetFeeStats(ctx, nil, &want.AssetID, nil, nil,
 		&want.ReferrerRewardsGenerated[0].GeneratedReward[0].Party)
 	require.NoError(t, err)
@@ -516,7 +577,37 @@ func testGetFeeStatsReferee(t *testing.T) {
 	stats := setupFeeStats(t, ctx, stores.fs)
 
 	// get the stats for the first market and epoch
-	want := stats[2]
+	expected := stats[2]
+	want := entities.ReferralFeeStats{
+		MarketID: entities.MarketID("deadbeef01"),
+		AssetID:  entities.AssetID("deadbaad01"),
+		EpochSeq: 3,
+		TotalRewardsPaid: []*eventspb.PartyAmount{
+			{
+				Party:  "cafedaad01",
+				Amount: "1200000",
+			},
+		},
+		ReferrerRewardsGenerated: []*eventspb.ReferrerRewardsGenerated{
+			{
+				Referrer: "cafedaad01",
+				GeneratedReward: []*eventspb.PartyAmount{
+					{
+						Party:  "cafed00d01",
+						Amount: "600000",
+					},
+				},
+			},
+		},
+		RefereesDiscountApplied: []*eventspb.PartyAmount{
+			{
+				Party:  "cafed00d01",
+				Amount: "120000",
+			},
+		},
+		VolumeDiscountApplied: []*eventspb.PartyAmount{},
+		VegaTime:              expected.VegaTime,
+	}
 	got, err := stores.fs.GetFeeStats(ctx, nil, &want.AssetID, nil, nil,
 		&want.ReferrerRewardsGenerated[0].GeneratedReward[0].Party)
 	require.NoError(t, err)