100% Taker Fee Rebates for Market Makers

In order to reward the market makers on the platform, Huobi Global will carry out the ” You trade, I pay, market maker Taker trading rebate activity “.

Eligible market makers, the Taker trading volume of the current month has a positive growth compared with the previous month, according to the growth rate Proportionately calculate the absolute incremental net handling fee for rebates, up to 100%! The rules are as follows:

The promotion runs from March 8, 2022 00:00 (GMT + 8) to March 31, 24:00 (GMT + 8).

The target Users are Spot and USDT-M perpetual contract market maker (Taker level ≥ Pro1).

During the event in March, the platform will compare the Taker trading volume of market makers’ spot and U-margined perpetual contracts, and calculate it with the previous month’s (February) month-on-month Taker trading volume (if the growth rate is greater than 100%, Calculated at 100%), separately calculate and return the net handling fee of the increased portion of Taker (that is, deduct the S-level Maker handling fee rebate), if the Taker transaction volume does not increase from the previous month, the reward cannot be obtained.

Go to Huobi’s Official Website

How to calculate the Taker trading rebate amount?

Formula = (corresponding to the business line’s total Taker transaction volume in March (excluding self-transaction part) – February total transaction volume of this business line) / February’s total Taker transaction volume of this business line * Effective Taker transaction increment (excluding self-transactions) part) * (corresponding to the current Taker rate of the business line – the absolute value of the Maker rate corresponding to the S-level market maker of the business line)

For example, market maker Sam’s spot Taker transaction volume in February was 100 million USDT.

During the campaign period in March, the spot Taker transaction volume was 122 million USDT, and the net Taker transaction volume after excluding the 2 million USDT self-transaction Taker transaction volume in the month was 120 million USDT, an increase of 20% compared with February, or 20 million.

Therefore, the market maker can obtain 20 million USDT * (the current Taker rate of the spot – the absolute value of the Maker rate of the spot S-level market maker) * 20% as a rebate reward for this event.

Go to Huobi’s Official Website