Topics
    Introduction to the Market Maker Incentive Program
    bybit2024-12-07 21:09:12

    To provide a better trading experience for our users, Bybit has introduced the Market Maker Incentive Program to enhance the liquidity of our Spot and Derivatives markets. Qualified Market Makers can now enjoy up to 0.005% of Maker rebates for Spot and 0.005% for Derivatives. The Taker fee rates for Market Makers participating in Spot, Derivatives, and Options trading are still determined by their respective VIP or Pro tiers. Please refer to the respective Taker fee rates here.

     

    If you're interested in participating in our Market Maker Incentive Program for Spot, Derivatives, or Options, please contact us at institutional_services@bybit.com with the subject line: "Market Maker Application". Our team member will respond promptly to assist with your application. For existing Market Makers, please contact your Account Manager directly for any further inquiries or assistance. Please note that all applications and level upgrades are processed on a request basis. Levels are not upgraded automatically.



    Benefits: 

    — Get exclusive Maker fee rebates. 

    Institutional Loan with competitive rates and flexible repayment.



    The eligibility requirements for our Market Maker Incentive Program are as follows:



     

    Spot 

    MM Tier

    Criteria

    (Last 30-Day Trading Volume)

    Taker Fee

    Maker Fee Rebate

    MM 1

    Last 30-Day USDT Trading Volume: > $25 Million 

    Depends on your Pro Tier

    -0.001%

    MM 2

    Maker Trading Volume Share*: ≥ 0.1 % 

    Depends on your Pro Tier

    -0.005%

    MM 3

    Maker Trading Volume Share*: ≥ 0.5 %


     OR fulfill liquidity requirements

    0.015% 

    -0.005% 

     

     

    Notes: 

    — Maker Trading Volume Share = Your 30-Day Spot Maker trading volume / 30-Day Market Maker Spot Trading Volume on Bybit

    — We will round up to the fourth decimal place for the Maker Trading Volume share requirement. For example, 0.098% will be rounded up to 0.100% 

    — New joiners are granted a 1-month trial period, during which they experience the premium benefits associated with the highest MM level.

    — For the liquidity requirements of Spot Market Maker with Level MM 3, please refer to here

     

     




     

     

     

     

    Derivatives Perpetual and Futures Contracts

     

    MM Tier

    Criteria

    (Last 30-Day Trading Volume)

    Taker Fee

    Maker Fee Rebate

    MM 1

    Maker Trading Volume Share: ≥ 0.1%  

    Depends on your Pro Tier

    −0.0025%

    MM 2

    Maker Trading Volume Share: ≥ 0.5% 


    OR fulfill liquidity requirements

    Depends on your Pro Tier

    −0.0050%

     

    Notes: 

    — Maker Trading Volume Share = Your 30-Day Maker Contract Trading Volume / 30-Day Market Maker Contract Trading Volume on Bybit

    — We will round up to the fourth decimal place for the Maker Trading Volume share requirement. For example, 0.098% will be rounded up to 0.100%

    — Only trading volume from Inverse Perpetual, Inverse Futures, and USDT Perpetual Contracts contributes to your Maker Volume Share. 

    — New joiners are granted a 1-month trial period, during which they experience the premium benefits associated with the highest MM level.

    — For the liquidity requirements of Perpetual and Futures Market Maker with Level MM 2, please refer to here. 

     

     

     

    Rules

    • If a Market Maker fails to meet Market Maker requirements for the month, the Market Maker will be disqualified from the program for all contracts and all relevant benefits will be forfeited thereafter.
    • Market Makers' qualifications are evaluated on a monthly basis.
    • All orders and trades for the Main Account and its Subaccounts will be counted collectively.
    • The order size placed by the Market Maker should be at least 10x the minimum order size of the respective Derivatives contracts. Otherwise, the Market Maker will receive a notification from Bybit indicating that the order placement does not meet the requirements.
    • For situations that do not comply with the rules, Bybit reserves the right to take necessary measures, including reducing Maker rebates.
    • Bybit reserves the right to update the eligibility criteria based on market conditions.

     

     






    Options

     

    MM Tier

    Last 30-Day Trading Volume

    Taker Fee

    Maker Fee

    MM 1

    Fulfill MM1 liquidity requirements

    Depends on your Pro Tier

    0%

    MM 2

    Fulfill MM2 liquidity requirements

    -0.005%

     

    Was it helpful?
    yesYesyesNo