To provide a better trading experience for our users, Bybit has introduced the Market Maker Incentive Program to enhance the liquidity of our Spot and Derivatives markets. Qualified Market Makers can now enjoy up to 0.005% of Maker rebates for Spot and 0.005% for Derivatives. The Taker fee rates for Market Makers participating in Spot, Derivatives, and Options trading are still determined by their respective VIP or Pro tiers. Please refer to the respective Taker fee rates here.

If you're interested in participating in our Market Maker Incentive Program for Spot, Derivatives, or Options, please contact us at institutional_services@bybit.com with the subject line: "Market Maker Application". Our team member will respond promptly to assist with your application. For existing Market Makers, please contact your Account Manager directly for any further inquiries or assistance. Please note that all applications and level upgrades are processed on a request basis. Levels are not upgraded automatically.

Benefits: 

— Get exclusive Maker fee rebates.

— Institutional Loan with competitive rates and flexible repayment.

The eligibility requirements for our Market Maker Incentive Program are as follows:

• Spot
• Perpetual and Futures
• Options

Spot 

Notes: 

— Maker Trading Volume Share = Your 30-Day Spot Maker trading volume / 30-Day Market Maker Spot Trading Volume on Bybit.

— Top 12 symbols for Spot include BTC/USDT, ETH/USDT, SOL/USDT, XRP/USDT, DOGE/USDT, ADA/USDT, TON/USDT, LINK/USDT, XLM/USDT, SUI/USDT, LTC/USDT & PEPE/USDT.

— We will round up to the fourth decimal place for the Maker Trading Volume share requirement. For example, 0.098% will be rounded up to 0.100%. 

— New joiners are granted a 1-month trial period.

— For the liquidity requirements of Spot Market Maker with Level MM 3, please refer to here. 

Perpetual and Futures Contracts

Notes: 

— Maker Trading Volume Share = Your 30-Day Maker Contract Trading Volume / 30-Day Market Maker Contract Trading Volume on Bybit.

— The Top 2 symbols listed for Perpetual and Futures are BTCUSDT and ETHUSDT. For the full list of the Top 70 symbols, please refer here. 

— We will round up to the fourth decimal place for the Maker Trading Volume share requirement. For example, 0.098% will be rounded up to 0.100%.

— Only trading volume from Inverse Perpetual, Inverse Futures, and USDT Perpetual Contracts contributes to your Maker Volume Share. 

— New joiners are granted a 1-month trial period.

— For the liquidity requirements of Perpetual and Futures Market Maker with Level MM 2, please refer to here.

Rules

• If a Market Maker fails to meet Market Maker requirements for the month, the Market Maker will be disqualified from the program for all contracts and all relevant benefits will be forfeited thereafter.
• Market Makers' qualifications are evaluated monthly.
• All orders and trades for the Main Account and its Subaccounts will be counted collectively.
• The order size placed by the Market Maker should be at least 10x the minimum order size of the respective Derivatives contracts. Otherwise, the Market Maker will receive a notification from Bybit indicating that the order placement does not meet the requirements.
• For situations that do not comply with the rules, Bybit reserves the right to take necessary measures, including reducing Maker rebates.
• Bybit reserves the right to update the eligibility criteria based on market conditions.

Options