To provide a better trading experience for our users, Bybit has introduced the Market Maker Incentive Program to enhance the liquidity of our Spot & Derivatives markets. Qualified market makers can now enjoy up to 0.015% of maker rebates for Spot and 0.005% for Derivatives.
Benefits:
— Get exclusive maker fee rebates
— Get higher API rate limits and enjoy a full suite of API
— Over-the-counter (OTC) lending with competitive rates and flexible repayment
The eligibility requirements for our Market Maker Incentive Program are as follows:
Spot:
|
MM Level |
Last 30-Day Trading Volume |
Maker Fee Rebate |
|
MM 1 |
>5% of overall exchange maker volume, and meet liquidity requirements |
−0.010% |
|
MM 2 |
>10% of overall exchange maker volume, and meet liquidity requirements |
−0.015% |
For more information on the taker fee rate for Spot market makers, please email us at institutional_services@bybit.com.
Derivatives:
|
MM Level |
Last 30-Day Trading Volume |
Maker Fee Rebate |
|
MM 1 |
>0.1% of total maker volume on Bybit's Derivatives platform in the past 30 days |
−0.0025% |
|
MM 2 |
>0.5% of total maker volume on Bybit's Derivatives platform in the past 30 days |
−0.0050% |
The taker fee rates for Derivatives market makers are still determined by their respective VIP level. Please refer to the respective taker fee rate here.
If you’re interested in joining our Market Maker Incentive Program for Spot or Derivatives, please contact us at institutional_services@bybit.com with the subject "Market Maker Application" and the relevant team will get back to you promptly.
Other than the abovementioned, we also offer a Designated Market Maker Program for Derivatives. Market makers can receive extra incentives, such as higher API rate limit, position limit and maker fee rebate, if the extra liquidity requirements are met.
Liquidity requirements and participation in the Designated Market Maker Program are assessed using the following criteria:
- Maker volume
- Bid/ask spread
- Quote size
- Required coverage of symbols
- Market making time
Notes:
- Market makers must meet the liquidity requirements to be eligible for higher limits or maker fee rebates. If you’re interested in applying for the designated market maker program, you can email us at institutional_services@bybit.com for more details, or contact your dedicated account manager.
- For symbols under the required coverage, please contact your dedicated account manager for clarification.
- We will provide daily reports based on the assessment criteria to help you analyze your performance.
- Evaluation Cycle: Market makers are evaluated on a 30-day basis, and the fee rate will either remain or be adjusted accordingly.
- Bybit reserves the right to update the eligibility criteria based on market conditions.