Binance Launches Altcoin-Only Liquidity Program to Support Smaller Market Makers

Binance Launches Altcoin-Only Liquidity Program to Support Smaller Market Makers

In a move aimed at diversifying crypto market participation, Binance has unveiled its first altcoin-only spot liquidity initiative — the Altcoin LiquidityBoost Program — designed specifically to support small and mid-sized liquidity providers.

The program is structured to offer the most competitive altcoin market-making rebates among major exchanges. Unlike traditional liquidity programs that tend to favor large players by requiring broad participation across major coins like Bitcoin or fiat pairs, this new initiative targets participants who want to focus solely on altcoin markets.

“Our new altcoin-focused liquidity program helps liquidity providers of all levels compete in the marketplace without the pressure to market-make across Bitcoin and other large-cap crypto,” said Catherine Chen, Head of Binance VIP & Institutional.

The program offers two rebate tiers:

  • 0.5 basis points (bps) for providers meeting a 0.5% maker volume threshold
  • 1 bps for those achieving 1% maker volume on selected altcoin trading pairs

Rebates begin on June 17, with qualification starting on June 9.

Binance says the goal is to level the playing field for smaller liquidity providers who often struggle to meet the requirements of current liquidity programs that prioritize scale and broad pair coverage. In contrast, this program enables participants to specialize in select altcoin markets while still earning meaningful rewards.

To start, Binance is supporting 18 altcoin pairs including EOS/USDT, ICP/USDT, TON/USDT, IOTX/USDT, and FIL/USDT, among others. The exchange noted that the list will be reviewed and updated based on market demand, although specific selection criteria were not disclosed.

Eligible participants — those with quality trading strategies and a 30-day trading volume exceeding $20 million across Binance’s platforms — can apply for access.