Binance Launches Plan to Boost Spot Altcoin Liquidity

Odaily Planet Daily News According to the official announcement, Binance will launch a spot altcoin liquidity enhancement plan at 00:00 (UTC) on June 9, 2025, aiming to provide a tighter spread and lower slippage trading experience for selected altcoin trading pairs. The plan will provide 0.005% to 0.010% market making fee rebates for 18 trading pairs such as INIT/USDT and EOS/USDT based on the market making volume. The core content includes: 11. Plan objectives: Binance launches the first spot liquidity plan focusing on altcoins, aiming to support small and medium-sized liquidity providers and enhance the depth and stability of the altcoin market; 2. Incentives: -Provide industry-leading rebates (up to 1 bps, or 0.01%), divided into two tiers: -0.5 bps (market making volume reaches 0.5%) -1 bps (market making volume reaches 1%) -The current mainstream exchange spot market making rebate is usually capped at 0.8 bps, and does not support specialization in altcoins; 3. Covered currencies: The first batch supports 18 altcoin trading pairs (such as TON/USDT, FIL/USDT, etc.), which will be adjusted according to market demand in the future. 4. Participation conditions: - 30-day trading volume exceeds US$20 million (covering spot, margin and other platforms); -Have a high-quality liquidity provision strategy.