Update to maker-fee-rebate-eligible trading pairs

§ 01 Executive Snapshot

• What: Update to maker-fee-rebate-eligible trading pairs to optimize liquidity support.
• Who: Not specified.
• Why it matters: The adjustment aligns the rebate offerings with current market conditions, ensuring effective liquidity support across trading pairs.

§ 02 Key Developments

• Effective Aug. 5, 2026, 4:00 p.m. UTC, 9 trading pairs will move from the maker rebate fee schedule to the regular spot crypto maker fee schedule.
• Pairs affected include HYPE/USD, HYPE/EUR, ESPORTS/USD, CC/USD, XAUT/USD, WLD/EUR, XPL/USD, XDC/USD, and MON/USD.
• Maker rebates will continue on over 650 other trading pairs, maintaining liquidity support across the platform.

§ 03 Strategic Context

• The update reflects the exchange's commitment to adapt its fee structures in response to changing market dynamics and trading volumes.
• This initiative is part of a broader strategy to ensure sustainability and effectiveness in liquidity development across the trading platform.

§ 04 Strategic Implications

• The immediate consequence includes a shift in fee structures that may affect trader behavior and liquidity across the specified pairs.
• Long-term, this move may strengthen the platform's competitive position by ensuring its fee structures are attractive and responsive to market conditions.

§ 05 Risks & Constraints

• Potential risk includes trader dissatisfaction with changes to fee structures, which could lead to reduced trading activity in affected pairs.
• Ongoing market volatility and changes in liquidity could impact the effectiveness of the rebate program.

§ 06 Watchlist / Forward Signals

• Monitoring liquidity and trading volume trends for the affected pairs will provide insights on the impact of this fee structure update.
• Future adjustments to the maker rebate program may signal the platform's responsiveness to evolving market conditions.