#TradingTopics

A trader with an account of less than $200,000 on the Hyperliquid exchange earned $1.5 million by acting as a market maker. He places limit orders, for which he receives a rebate from the exchange — the maker fee is -0.0030%, meaning the platform pays him for each trade.

His total trading volume exceeded $20.6 billion, with the majority of activity coming from maker positions. At such a scale, even a small commission rebate turns into substantial profit — averaging around 3% of the total trading volume.

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