Binance Upgrades USDT-Margined Perpetual Market Maker Plan
Binance has launched a limited-time upgrade to its USDT-margined perpetual contract market maker program starting November 12, 2025. From November 13 at 17:00 (UTC+8), all eligible market makers will receive an additional 0.05 basis points rebate on BTC/USDT perpetual contracts each day. This market maker program enhancement aims to boost liquidity and tighten spreads for USDT-margined perpetual contracts, particularly BTCUSDT. By offering higher rebates, Binance hopes to attract more market makers, increase trading depth, and improve execution quality for traders. The incentive runs until further notice, giving market makers a clear opportunity to optimize their strategies under enhanced rebate conditions.
Bullish
Binance’s decision to increase rebates for USDT-margined perpetual market makers is likely to boost liquidity and narrow bid-ask spreads, particularly for BTCUSDT contracts. Enhanced rebates have historically attracted more market makers, leading to higher trading volumes and tighter execution costs. This incentive should drive short-term trading activity and deepen order books, benefiting both institutional and retail traders. Over the longer term, sustained liquidity improvements may support more stable price movements and increased trader confidence, reinforcing a bullish outlook for perpetual contract markets.