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.
About Helix
Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications.