For the complete documentation index, see llms.txt. This page is also available as Markdown.

Maker Rebate

50% of Taker fees are automatically redistributed to Makers to strengthen Orderbook liquidity.

Rebate Overview

Field
Details

Rebate Rate

50% of Taker fees

Payout Timing

Automatic upon fill (no claim required)

Eligibility

Makers whose Limit orders posted to the Orderbook are filled

Tracking

Rebate earnings can be tracked in Portfolio page


Multi-Maker Distribution

When a single Taker order is filled against multiple Maker orders, the Rebate is distributed proportionally based on each Maker's fill volume contribution.

Maker A Rebate = (Maker A Fill Volume / Total Maker Fill Volume) × Taker Fee × 50%

How Rebate Is Calculated

Taker Fee    = feeRate × Shares × p × (1 - p)
Maker Rebate = Taker Fee × 50%

The Taker fee is calculated at the fill price, then 50% is paid to the Maker on that fill.


Simulation

The rebate is always 50% of the Taker fee, so a higher market feeRate means a larger rebate to Makers.

Other Market — $10,000 trade (20,000 Shares), price $0.500, FeeRate=0.025

Field
Amount

Taker Fee

$125.00

Maker Rebate (50%)

$62.50 → Maker

Other Market — $10,000 trade (~11,111 Shares), price $0.900, FeeRate=0.025

Field
Amount

Taker Fee

$25.00

Maker Rebate (50%)

$12.50 → Maker

Sports Market — $10,000 trade (20,000 Shares), price $0.500, FeeRate=0.100

Field
Amount

Taker Fee

$500.00

Maker Rebate (50%)

$250.00 → Maker

3-Minute Market — $10,000 trade (20,000 Shares), price $0.500, FeeRate=0.300

Field
Amount

Taker Fee

$1,500.00

Maker Rebate (50%)

$750.00 → Maker

1-Minute Market — $10,000 trade (20,000 Shares), price $0.500, FeeRate=0.500

Field
Amount

Taker Fee

$2,500.00

Maker Rebate (50%)

$1,250.00 → Maker

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