Maker Fee Rebate
For more information on our fee tiers, please see trading fees
The below fee schedule details the rebates provided to Market Makers that have their orders filled by other users on the platform.
In order to ensure an order is a maker order, it will need the ‘post only’ flag. Otherwise even resting orders can match as a taker.
The current incentive program will be subject to change. All changes will be reflected in this schedule.
| Maker order matched against | Maker Fee (flat, regardless of Taker Fee) |
|---|---|
| A user’s taker order | -0.25 bps |
The -0.25 bps rebate is uniform across all populated fee tiers. It is scaled only by the market’s own fee_adjustment parameter, so it can be higher or lower on a specific market.
When a taker fills against the vAMM instead of a resting user order, there is no user maker to pay a rebate to. The vAMM itself only earns a rebate if the VammMakerRebate feature flag is enabled (off by default), and in that case the amount is folded into the AMM’s own fee accounting rather than paid out to any user.
Velocity does not offer a fee discount for staking a governance token. The legacy gov-token stake fee discount was removed. Maker rebates depend only on the fee tier shown above.