Gravitex became the first on-chain trading platform to offer retail investors liquidity mining fee rebates.
BlockBeats News, August 22, Grvt announced the launch of the -0.01% Maker Rebate Mechanism, becoming the first on-chain trading platform to open "negative maker fees" directly to retail users. It is reported that in the traditional stock and futures markets, negative maker fees have long been the exclusive privilege of institutional market makers. Grvt's move allows retail users to also receive rebates through making orders, further improving market depth and liquidity.
Grvt's Co-Founder and CEO, Hong Yea, stated: "By extending the institutional incentive mechanism to retail users, we can not only enhance market depth but also attract more institutions, thus building a more balanced and efficient trading environment."
It is reported that the advantages of this mechanism are: retail users can reduce their implicit costs and continually accumulate rebates in strategies like dollar-cost averaging and grid trading; high-frequency and large-volume traders can improve spread capture and fund utilization efficiency; overall, the market order book is deeper, the spread is narrower, and the overall trading execution experience is optimized.
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