The liquidity requirements for Spot Market Makers to qualify for the top incentive tier are outlined below. For detailed information on the Market Maker Program, please refer to this article.
Spot: Liquidity Requirements for MM3
Symbols |
Sum.Quote Size in Depth (USDT) |
Coverage |
BTCUSDT |
5bps 40,000 per symbol 10bps 50,000 per symbol |
50% |
ETHUSDT |
5bps 20,000 per symbol 10bps 50,000 per symbol | |
AVAXUSDT FILUSDT LDOUSDT LINKUSDT LTCUSDT MATICUSDT OPUSDT RNDRUSDT SANDUSDT SHIBUSDT SOLUSDT TRXUSDT XLMUSDT XRPUSDT |
10bps 6,000 per symbol |
30% |
AAVEUSDT ADAUSDT AGIXUSDT APEUSDT APTUSDT ARBUSDT ATOMUSDT DOGEUSDT DOTUSDT DYDXUSDT FTMUSDT GALAUSDT HFTUSDT LUNAUSDT MAGICUSDT SUIUSDT UNIUSDT WAVESUSDT |
10bps 3,000 per symbol |
30% |
Percentage of qualified days in a month ≥ 75% |
Notes:
— Qualified days refer to the days on which Market Makers (MMs) fulfil daily requirements. Snapshots are taken every 10 seconds to determine MM status based on the qualifying criteria above. MMs are deemed qualified for the day if their qualified snapshots constitute at least 75% of the total snapshots.
— MM3 status could be extended if the qualified days to evaluation days is at least 75%. Reviews take place at the end of each calendar month to determine the client's new MM status for the upcoming month.
— Please note that Bybit reserves the right to change the quotation requirements in response to market changes.