Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the launch of its innovative Altcoin LiquidityBoost Program, a new initiative designed to enhance liquidity for select altcoin trading pairs while specifically targeting smaller and medium-sized market makers. This marks the first altcoin-focused liquidity program offered by a major cryptocurrency exchange, addressing the growing demand for deeper liquidity and greater market diversity in the altcoin space.
The Altcoin LiquidityBoost Program complements Binance’s existing spot liquidity initiatives, such as the Binance Spot Maker Program and Fiat Maker Program, by offering participants tailored opportunities to focus exclusively on altcoin market-making. The program introduces two tiers, requiring liquidity providers to achieve a maker volume percentage of 0.5% for Tier 1 and 1% for Tier 2, with corresponding maker fee rebates of 0.5 bps and 1 bps, respectively. These rebates are notably competitive, surpassing the maximum 0.8 bps offered by existing spot maker programs on major exchanges, which often require liquidity provision across all spot trading pairs.
Catherine Chen, Head of Binance VIP & Institutional, emphasized the program’s focus on accessibility: “We are responding to demand from market participants, particularly small and medium-sized liquidity providers, who want the choice to focus on market-making for altcoins.”
This initiative aims to level the playing field, enabling smaller market makers to compete in a space traditionally dominated by larger institutional players.
The program, effective from June 9, 2025, with maker fee rebates commencing on June 17, 2025, includes an initial batch of supported trading pairs, such as 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, and WCT/USDT. These pairs were selected to address liquidity challenges in altcoin markets, fostering more stable and efficient trading environments.
