Binance extends the U-margined contract market maker program until 2025

According to reports from Hashi Chain, Binance has announced that its U-margined contract market maker program will continue until a specified date. The goal of this program is to enhance market liquidity and depth. Approved applicants will enjoy a four-week exemption period from assessments and benefit from reduced fees for secondary orders during this time. In addition, Binance will provide weekly performance reports, with the assessment period starting at 8:00 AM on Monday (UTC+8) and ending at 7:59 AM the following Monday. Binance states that it will strictly review any non-compliance behavior, and violations will be excluded from the statistics, while users will need to reapply for eligibility to continue participating.