Negative Maker Fee Markets Now Live

Negative Maker Fee Markets Now Live

Negative maker fees are now in effect for 17 new markets on Helix!

With the passing of Injective Improvement Proposal 162 (IIP-162), maker and taker fees on Injective native exchange dApps will be updated to a -0.01% rate for makers and 0.1% takers for 17 markets on.

In addition, Trade & Earn multipliers for both maker and takers will be updated, with a slightly higher rate for a select few markets.

Background

Negative maker fees are now supported with the latest Injective Mainnet Chain Upgrade. Any exchange built on Injective can allow market makers to take advantage of negative maker fees on governance-approved listings.

Negative maker fees provide an additional benefit to market makers by calculating their trading fees at a negative rate, providing a rebate to market makers.

Learn more about negative maker fees here.

Which Markets Are Affected?

This proposal adjusts the maker fee to -0.01%, taker fee to 0.1%, Trade & Earn maker multiplier to 1x and Trade & Earn taker multiplier to 1x for the following markets:

  • ATOM/USDT
  • ATOM/USDT PERP
  • APE/USDT
  • BNB/USDT PERP
  • DOT/USDT
  • EVMOS/USDT
  • GF/USDT
  • LINK/USDT
  • OSMO/USDT PERP
  • SOL/USDT PERP
  • STX/USDT PERP
  • XPRT/USDT

This proposal adjusts the maker fee to -0.01%, taker fee to 0.1%, Trade & Earn maker multiplier to 1.5x and Trade & Earn taker multiplier to 1.5x for the following markets:

  • BTC/USDT PERP
  • ETH/USDT PERP
  • INJ/USDT
  • INJ/USDT PERP
  • WETH/USDT

The Helix negative maker fees provides market makers with one of the lowest negative rates available on either a centralized or decentralized exchange.

This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix's Terms and Conditions.