Bybit is launching a new market maker incentive program for TradFi Perpetual Contracts. The program introduces an RPI maker rebate for eligible market makers and updates the existing API maker rebate schedule across MM tiers.

Effective date: Jul 28, 2026, 10AM UTC

TradFi API maker rebate update
The TradFi API maker rebate rates for MM tiers will be updated as follows. All VIP and Pro tier rates, as well as taker rates, remain unchanged.

TradFi RPI Liquidity Program
The TradFi Perpetuals RPI Liquidity Program enables approved market makers to submit RPI orders and earn RPI maker rebates.

Key highlights
• Available to all market makers across MM1, MM2, and MM3 tiers for all G9 group symbols (TradFi Perpetual Contracts group covering U.S. equities, commodities, and crude oil).
• Participation is optional and requires application approval.
• Eligible market makers who meet the required RPI quoting obligations can receive an enhanced RPI maker rebate of −0.5 bps (previously 0 bps).

Eligibility requirements
A market maker qualifies when all of the following conditions are met:
• INS TradFi RPI maker volume share ≥ 2.5% of total Bybit TradFi RPI maker volume.
• Coverage of ≥ 40 designated TradFi Perpetual symbols.
• Monthly uptime rate ≥ 70%.

Application process
Institutional market makers may apply for the TradFi Perpetuals RPI Liquidity Program by following these steps:
1. Contact your institutional Relationship Manager to express your interest.
2. Review the RPI requirements, including quoting depth, minimum symbol coverage, and evaluation criteria.
3. Submit your intended symbol coverage from the designated TradFi Perpetual symbol list.
4. Bybit will review the application based on quoting capability and expected contribution.
5. Approved participants will be notified by their Relationship Manager before program activation.

Grace period
Approved participants will enter an initial grace period before formal performance assessment begins. During this period, participants may optimize their strategies while receiving the special RPI maker rebate rate.

Assessment
Formal performance assessments will begin in the designated assessment month, which will be communicated in advance by the Relationship Manager. Participants who fail to meet the program requirements during the assessment period may have their rebates and related benefits withdrawn.


For more information, please refer to Contracts Available on TradFi and Specifications.