Market Makers Enjoy Higher Rebates and Higher Weight Trading on USDC
14/03/2023 23:11:41
Dear Market Maker,
From March 15, 2023 to March 31, 2023, KuCoin market makers can enjoy the following two promotions when trading USDC:
1. The Maker fee rate for all Spot market makers trading USDC/USDT will be reduced to -0.015%.
After the adjustment, the Maker fee rate is as follows:
| Tiers | USDC/USDT Maker Fee Rate | Other Trading Pairs' Maker Fee Rate |
| S | -0.015% | -0.012% |
| A | -0.015% | -0.01% |
| B | -0.015% | -0.006% |
If there is no further announcement, the Maker fee rate of USDC/USDT will be resumed to be consistent with other trading pairs after the promotion period.
2. Grouping the market maker depth contribution value and liquidity contribution value of USDT/USDC, BTC/USDC, and ETH/USDC trading pairs of group A, the highest multiplier.
| Depthness Division | Depthness Multiplier |
| A | 2 |
| B | 1 |
| C | 0.5 |
| Liquidity Division | Liquidity Multiplier |
| A | 3 |
| B | 2 |
| C | 1.5 |
Notice:
The KuCoin Market Maker team will update and make adjustments to the market maker assessment rules, types of trading pairs, and the weight of trading pairs from time to time according to the market condition, market depth and liquidity.
How to apply for a market maker:
Kindly send an email to mm@kucoin.com for application, or contact your account manager directly.
Thank you for your support to KuCoin.
The KuCoin Market Maker Team
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