Calling on all market makers! Join the Market Maker Program on ApeX Pro and receive incentives from (1) trading fee rebates, (2) liquidity rewards and (3) Trade-to-Earn in $BANA.
Trading Fee Rebates
Depending on the total maker's volume share, market makers get to enjoy reduced maker and taker fees at 0.00% and 0.03% respectively (from the original corresponding 0.02% and 0.05%). Check out our available USDC perpetual contracts on ApeX Pro, with more being added each week.
Taker fees can be further reduced should the market maker's volume share increase.
Liquidity Rewards
ApeX Pro is distributing 1,000,000 $esAPEX in a monthly rewards pool. As long as the market maker's maker volume is more than 2.5% of total maker volume in the preceding month, they will be able to grab their share of the rewards pool. Market maker rewards are not differentiated between contracts are equally distributed per contract.
Market makers can easily earn by vesting their $esAPEX for a minimum of six (6) months in exchange for $APEX governance tokens. $APEX can be further used in revenue sharing with our staking program.
*Any Ethereum address can earn these rewards, subject to a minimum maker volume threshold of 2.5% of maker volume in the preceding month.
Rewards Calculation
Grab $BANA With Trade-to-Earn
Market Makers are also eligible to earn Trade-to-Earn rewards in $BANA on a weekly basis, calculated based on a combination of trading fees, USDC balance, completion of new user tasks and the $BANA-USDC LP Token balance available within the given week.
*Find out more about the Trade-to-Earn event here and earn consistent, weekly rewards!