Crypto:
36635
Bitcoin:
$92.130
% 1.08
BTC Dominance:
%58.6
% 0.02
Market Cap:
$3.13 T
% 1.40
Fear & Greed:
28 / 100
Bitcoin:
$ 92.130
BTC Dominance:
% 58.6
Market Cap:
$3.13 T

Binance Announces Liquidity Expansion Initiative! “Spot Altcoin LiquidityBoost”

binance hodler

Binance is launching a new program aimed at creating a more fair and deep liquidity structure in the crypto market. This initiative, called “Altcoin LiquidityBoost,” stands out as the first large-scale liquidity program focused solely on altcoin trading pairs. The move is designed to enable small and medium-sized market makers to play a more active role.

High Rebate Rates as Incentives

Under the new program, liquidity providers will receive rebates ranging from 0.005% to 0.01%, based on their trading volume. Binance aims to reduce the dominance of large market makers with this system and establish a more balanced structure.

Participants who provide at least 0.5% liquidity on altcoin pairs can receive a 0.5 bps rebate. To reach a 1 bps rebate, participants must exceed the 1% liquidity threshold. Applications will start on June 9, and rebate payments will go into effect as of June 17.

Flexible Structure for Altcoin-Focused Strategies

The program makes it easier for investors with different volumes and strategies to participate. Users who have traded over $20 million in the past 30 days on Binance Spot, Margin, or other platforms will be eligible to apply. This allows both small and medium-sized participants to engage in profitable market making.

Initially, the program will be limited to 18 altcoin/USDT pairs. Notable projects included are STO, SYRUP, SXT, BABY, WCT, FIL, TON, ONDO, KMNO, W, KERNEL, ICP, PARTI, HYPER, EOS and INIT. Binance stated that this list will be updated regularly based on market demand.

Next-Generation Market Maker Model

Catherine Chen, Head of VIP and Institutional at Binance, stated that this new approach offers a significant opportunity for participants who focus on altcoin strategies. Thanks to this model, investors can actively engage in the market with custom strategies, rather than being restricted to major cryptocurrencies like Bitcoin.

The program’s benefits include reducing slippage, increasing market depth, and enhancing trading efficiency. This innovative model could help build a healthier and more sustainable trading environment for the altcoin ecosystem.

This new liquidity program can be seen as part of Binance’s long-term vision for altcoin markets. It marks an important step toward enabling more investors to play an active role in an evolving and diversified crypto landscape.


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