Binance updates its fiat liquidity provider program (03/24/2025)
Binance will update its Fiat Liquidity Provider Program on 03/24/2025 at 00:00 (UTC).
Key updates
A new rating level will be added to the EUR markets in Binance's Fiat Liquidity Provider Program. Starting from 03/24/2025 at 00:00 (UTC), these markets will move from having one level to having two in the Fiat Liquidity Provider Program.
Binance will also update the rebate rate for the maker fee of the EUR markets in Binance's fiat liquidity provider program.
Level 1 requires a maker volume percentage of 0.5% and level 2 requires 1.0%.
The maker fee rebate rate is -0.005% for level 1 and -0.010% for level 2.
The rating review of the new levels will come into effect on March 24, 2025, at 00:00 (UTC). Liquidity providers will be evaluated weekly according to the new performance assessment mechanism.
Maker fee rebates will be updated weekly starting from April 1, 2025, at 00:00 (UTC). They will be distributed to liquidity providers based on their performance in spot trading from the previous week in selected fiat markets.
Mechanism of the Fiat Liquidity Provider Program
Calculations
[User's Weekly Spot Maker Volume (%) relative to Binance's total Spot Maker Volume in each fiat market] = [Weekly Spot Maker Volume of each liquidity provider account in each fiat market] / [Weekly Maker Volume in each fiat market on Binance Spot]
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