TL;DR
Binance launches the Altcoin LiquidityBoost Program, exclusive to altcoins, offering rebates of up to 1 basis point based on maker volume.
The plan starts with 18 USDT trading pairs and will adjust its selection based on demand and market activity.
Only traders with proven strategies and over $20 million traded in the past 30 days can apply.
Binance has announced a new spot liquidity program designed exclusively for altcoins. The initiative, called the Altcoin LiquidityBoost Program, aims to attract small and mid-sized liquidity providers interested in trading these assets, without the obligation to cover pairs dominated by bitcoin or other large-cap tokens.
The program offers rebates of up to 1 basis point (0.01%) for those who reach certain maker volumes in selected pairs. This rate exceeds the maximum bonuses offered by active spot liquidity programs on other exchanges, which typically cap rebates at 0.8 basis points and require coverage across all market pairs. Binance claims this approach allows smaller investors to compete under better conditions, free from the restrictions of traditional schemes.
18 Trading Pairs
The program launches with 18 altcoin pairs against USDT, including EOS, ICP, TON, FIL, and CFX, among others. Binance confirmed it will periodically review this list based on market demand and trading activity. The qualification process starts on June 9, with rebates available from June 17.
How Binance’s Program Works
The structure has two tiers. Providers reaching a maker volume of 0.5% qualify for a 0.5 basis point rebate, while those exceeding 1% receive the maximum bonus. Only traders with verifiable liquidity provision strategies and a trading volume above $20 million in the last 30 days on Binance Spot, Margin, or similar platforms are eligible to apply.
Currently, most liquidity programs on major exchanges require full pair coverage or focus on crypto-fiat markets, leaving altcoin specialists out of the picture. Binance aims to address this imbalance and improve liquidity in its secondary markets.
The exchange continues to run other active schemes, such as its Spot Maker Program, offering rebates of up to 0.8 basis points for spot and margin trading, and its Fiat Maker Program, targeting specific fiat markets with maximum rebates of 1 basis point