Binance unveils new liquidity program targeting small and mid-sized liquidity providers

Binance cryptocurrency exchange on June 4 launched a new altcoin-focused spot liquidity program called LiquidityBoost Program. The firm said the program will focus on altcoins to meet demand from small and medium-sized liquidity providers who want to concentrate on altcoin market-making.

The crypto company revealed that it aims to offer rewarding altcoin market-making rebates in the industry through the liquidity program. Binance also hopes to attract more diverse liquidity providers to complement the exchange’s existing liquidity programs.

Binance targets small and mid-sized liquidity providers 

Binance launching liquidity rebates for alt pairs below – something to keep an eye on.

INITUSDT,
AUSDT,
HYPERUSDT,
PARTIUSDT,
ICPUSDT,
KERNELUSDT,
CFXUSDT,
WUSDT,
KMNOUSDT,
IOTXUSDT,
ONDOUSDT,
TONUSDT,
FILUSDT,
WCTUSDT,
BABYUSDT,
SXTUSDT,
SYRUPUSDT,
STOUSDT

— hushky (@hushky6) June 4, 2025

Binance revealed that the Altcoin LiquidityBoost Program will launch 18 altcoins, with the exchange regularly reviewing the list based on market demand. The altcoins include INIT/USDT, EOS/USDT, HYPER/USDT, PARTI/USDT, ICP/USDT, KERNEL/USDT, CFX/USDT, W/USDT, KMNO/USDT, IOTX/USDT, ONDO/USDT, TON/USDT, FIL/USDT, WCT/USDT, BABY/USDT, SXT/USDT, SYRUP/USDT, and STO/USDT.

Binance acknowledged that liquidity programs aim to provide liquidity and depth to the crypto market. The firm hopes also to incentivize liquidity providers through competitive fee structures and rebates. The crypto exchange argued that smaller and mid-sized liquidity providers don’t get the chance to compete effectively against larger players.

The firm noted that its new liquidity program is the first offered by a major cryptocurrency exchange focusing on altcoins. Binance also revealed that qualifying liquidity providers can enjoy up to 1 bps in rebates if they meet the volume requirements for selected altcoins. 

The crypto company said Maker rebates will be settled in USDT. The firm also confirmed that liquidity providers’ rebate eligibility will be based on their performance on eligible altcoin pairs across spot trades every week. Binance also warned that users whose account performance does not qualify them for maker rebates for three consecutive weeks will be removed from the program. The Maker fee rebate rates will be updated weekly starting from June 17.

“Under our new Liquidity Program, a liquidity provider will enjoy rebates of 1 bps if they meet the volume requirements of selected altcoins. As the industry leader, Binance is taking the lead to give liquidity providers of all sizes as well as token projects more support to grow.”

-Catherine Chen, Head of Binance VIP & Institutional.

The company said other existing spot maker programs’ rebates on major exchanges do not exceed 0.8 bps and require participants to provide liquidity for the exchange’s full range of spot trading pairs. Binance has also invited participants with quality liquidity-providing strategies whose 30-day trading volume exceeds 20 million USDT equivalent on the exchange’s Spot and Margin or other platforms.

Chen said the exchange was responding to demand from market participants, particularly small and medium-sized liquidity providers, who want the choice to focus on market-making for altcoins. She added that the new liquidity program helps liquidity providers of all levels compete in the marketplace without the pressure to market-make across Bitcoin and other digital assets.

Binance’s liquidity program complements other spot liquidity programs

Binance revealed that its altcoin-focused LiquidityBoost Program will complete its existing spot liquidity programs, such as its Spot Maker Program, which covers all spot and margin trading. The firm said the program’s participants receive 0 maker fee and can earn rebates by qualifying for higher performance tiers based on their volume. According to the crypto company, the Spot Maker Program currently offers a maximum rebate of 0.8 bps.

The firm also noted that the liquidy program will complement its Fiat Maker Program, which covers the fiat markets specified on the exchange. Binance said enrolled participants will receive maker rebates in specific fiat currency. The program currently offers a maximum rebate of 1 bps.

Binance acknowledged that its new Altcoin LiquidityBoost Program will focus on specific altcoins and will also have two tiers. The exchange noted that liquidity providers must meet a maker volume percentage of 0.5% and 1% to qualify for the program’s Tier 1 and 2, respectively. According to the company, participants will also enjoy a Maker Fee Rebate Rate of 0.5% bps for Tier 1 and 1 bps for Tier 2. The firm revealed that qualifications for the new Liquidity Program will be effective from June 6, and the maker fee rebates will commence from June 17.

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