HTX to Update Assessment Rules for Market Makers

Dear HTX Market Makers,

To optimize the assessment rules for market makers and enhance the trading experience, HTX will implement the following adjustments to the Market Maker Assessment Rules starting on January 7, 2025 (UTC+8):

1. Taker Trading Volume in Spot, USDT-M Futures, and Coin-M Futures Counted in Performance Evaluation

Assessment Criteria

(Before Adjustment)

Assessment Criteria

(After Adjustment)

Change

Maker trading volume as a proportion of platform’s total maker trading volume

Total trading volume as a proportion of platform’s total trading volume

Include the taker trading volume in the evaluation

Monthly Weighted Maker Trading Volume
(Ranking Requirement)

Monthly Weighted Maker Trading Volume
(Ranking Requirement)

Remain unchanged

Monthly Weighted Depth

(Ranking Requirement)

Monthly Weighted Depth

(Ranking Requirement)

Remain unchanged

Note: The total trading volume of a market maker = Maker trading volume + Taker trading volume.

 

2. Spot and USDT-M Futures Evaluation Ranking Range Adjusted, Coin-M Futures Unaffected

(1) Spot: Pre- and Post-Changes

Spot
(Before Adjustment)

Maker trading volume as a proportion of platform’s total maker trading volume

Monthly Weighted Maker Trading Volume
(Ranking Requirement)

Monthly Weighted Depth
(Ranking Requirement)

Tier S

≥1%

[0,20%]

[0,5%]

Tier 1

[0.5%,1%)

(20%,70%]

(5%,30%]

Tier 2

[0.1%,0.5%)

(70%,100%]

(30%,100%]

Spot
(After Adjustment)

Total trading volume as a proportion of platform’s total trading volume

Monthly Weighted Maker Trading Volume
(Ranking Requirement)

Monthly Weighted Depth
(Ranking Requirement)

Tier S

≥0.5%

[0,20%]

[0,5%]

Tier 1

[0.2%,0.5%)

(20%,55%]

(5%,30%]

Tier 2

[0.02%,0.2%)

(55%,100%]

(30%,100%]

 

(2) USDT-M Futures: Pre- and Post-Changes

USDT-M futures
(Before Adjustment)

Maker trading volume as a proportion of platform’s total maker trading volume

Monthly Weighted Maker Trading Volume
(Ranking Requirement)

Monthly Weighted Depth
(Ranking Requirement)

Tier S

≥1%

[0,20%]

[0,15%]

Tier 1

[0.2%,1%)

(20%,47%]

(15%,35%]

Tier 2

[0.02%,0.2%)

(47%,100%]

(35%,100%]

USDT-M futures
(After Adjustment)

Total trading volume as a proportion of platform’s total trading volume

Monthly Weighted Maker Trading Volume
(Ranking Requirement)

Monthly Weighted Depth
(Ranking Requirement)

Tier S

≥1%

[0,20%]

[0,15%]

Tier 1

[0.2%,1%)

(20%,45%]

(15%,35%]

Tier 2

[0.02%,0.2%)

(45%,100%]

(35%,100%]

Note: Separate assessments will be conducted for spot, USDT-M futures, and Coin-M futures. Meeting any one of the three criteria will deem you to have passed the assessment.

 

The above adjustments will take effect on January 7, 2025 (UTC+8). For any questions or concerns, please reach out to us anytime.

 

Apply to Become an HTX Market Maker

Send an email to [email protected] or contact your account manager.

  • Email Subject: Market Maker + City + Your Title + Your HTX UID
  • Email Content: Please provide a brief description of your background, contact information, and location.

 

Thank you for your support!

HTX

January 4, 2025

 

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.