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Liquidity Maker Rewards

Makers earn rewards from taker fees when their limit orders are filled.

Incentive Goals​

  • Tighter spreads
  • More size near midpoint
  • Better execution quality

Scoring Principles​

  • Fills closer to midpoint score higher
  • More executed size scores higher
  • Rewards are epochized daily and paid from fee collector balances

Payout Lifecycle​

  1. Fill events recorded
  2. Day finalized into reward epoch
  3. Payout run executes transfer set
  4. Epoch moves to PAID when complete