CoinList launches a market maker incentive program, eligible participants will be exempt from market maker fees for the next 3 months

ChainCatcher news, CoinList has launched a market maker incentive program to enhance liquidity in the spot market on CoinList Pro. All eligible market makers will be exempt from all market maker fees on CoinList for the next 3 months. Additionally, a 0.05% rebate on maker fees will be provided to the top 5 traders based on the average execution trading volume over 30 days.

To ensure that less liquid trading pairs receive the attention they deserve, CoinList will implement rebate multipliers based on trading categories. At the beginning of each month, rebates will be issued to the top 5 market makers in USDC based on the execution trading volume from the previous month.

Level 1 (1x multiplier): BTC, ETH
Level 2 (2x multiplier): MATIC, SOL, DOGE, SUI, AVAX, LINK, DOT, FIL
Level 3 (3x multiplier): AAVE, ALGO, ICP, FLOW, STX, ROSE, OCEAN, IMX, MKR, XTZ, MINA, CELO, GAL, COMP, T, SKL, CSPR, BICO, CLV, BLD, OXT, BTRST, NYM, VEGA, GODS, CUSD, HMT, GOG, CQT, BZZ, WCFG, UNI, EFI, CYBER, NEON, CFG, WAXL