To provide a better trading experience, Phemex has launched the Market Maker Incentive Program to boost liquidity in our Contract markets. Qualified Market Makers can now enjoy up to 0.005% Maker rebates for Contracts. Taker fees for Market Makers are based on their VIP or Pro tiers. Please refer to the Taker fee rates here.
If you're interested in joining the Market Maker Incentive Program, contact us at DMM@phemex.com with the subject line: "Market Maker Application" or apply through the institutional page. Our team will get back to you soon. For existing Market Makers, please reach out to your Account Manager for assistance.
Note: All applications and upgrades are processed upon request. Levels are not upgraded automatically.
Benefits:
— Enjoy exclusive Maker fee rebates
— Access institutional loans with competitive rates and flexible repayment terms
— Top-tier API rate (<1 ms) for instant trading executions
|
MM Tier |
Criteria (Last 30-Day Trading Volume) |
Taker Fee |
Maker Fee Rebate |
|
Silver |
Maker Trading Volume Share: Over 0.08% with 75% of trades as maker orders |
Depends on your Pro Tier |
−0.0025% |
|
Gold |
Maker Trading Volume Share: Over 0.4% with 80% of trades as maker orders |
Depends on your Pro Tier |
−0.005% |
Notes:
— Maker Trading Volume Share = Your 30-Day Maker Contract Trading Volume / 30-Day Market Maker Contract Trading Volume on Phemex.
— New joiners are granted a 1-month trial period.
Rules
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If a Market Maker fails to meet the requirements for the month, they will be disqualified from the program for all contracts, and all associated benefits will be forfeited. Market Maker qualifications are assessed monthly.
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All orders and trades from the Main Account and its Subaccounts will be considered together.
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In cases of non-compliance, Phemex reserves the right to take necessary actions, including reducing Maker rebates.
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Phemex also reserves the right to update eligibility criteria based on market conditions.
