CoinList has launched a market maker incentive program, under which eligible market makers can enjoy a fee waiver for three months.

According to official sources, on August 24th, CoinList launched a market maker incentive program to enhance liquidity in the spot market on CoinList Pro. Market makers who meet the conditions will be exempt from all market maker fees for the next three months on CoinList. In addition, a 0.05% rebate on order fees will be provided to the top 5 traders based on their 30-day average trading volume. To ensure that currency pairs with lower liquidity receive the attention they deserve, CoinList will implement a rebate multiplier based on trading categories. At the beginning of each month, rebates will be issued to the top 5 market makers for USDC based on their execution volume from the previous month. - Layer 1 (1x multiplier): BTC, ETH - Layer 2 (2x multiplier): MATIC, SOL, DOGE, SUI, AVAX, LINK, DOT, FIL - Layer 3 (3x multiplier): AAVE, ALGO, ICP, FLOW, STX, ROSE, OCEAN, IMX, MKR, XTZ, MINA, CELO, GAL, COMP, T, SKL, CSPR, BICO, CLV, BLD, OXT, BTRST, NYM, VEGA, GODS, CUSD, HMT, GOG, CQT, BZZ, WCFG, UNI, EFI, CYBER, NEON, CFG, WAXL