Market Maker Fees
Terms for professional liquidity providers — lower maker fees, possible rebates, and what an arrangement expects in return.
What is on offer
Lovely Legends runs a market maker programme for liquidity providers who help create deeper books and tighter spreads.
What an arrangement expects
Terms are two-sided. These are the commitments a maker arrangement is measured against.
Two-sided quoting
Continuous bids and asks on the pairs covered by the arrangement, rather than one-sided flow.
Spread and depth commitments
Target spread and resting size are agreed per pair before an arrangement starts, and are reviewed against what the book actually shows.
Uptime
Quotes are expected to be present for an agreed proportion of the trading day, not only when the market is easy.
No wash trading
Self-matching is rejected by the engine, and volume generated by trading with yourself counts toward nothing.
Not part of the LF fee discount
Market maker accounts are excluded from the LF fee discount scheme. Liquidity provision is priced through the arrangement itself, so an MM account is never opted in and its fees are always charged in the quote asset. That exclusion is enforced when an order is placed, not as a setting a key can change.
Apply
Tell us the pairs you want to cover, the spread and size you can commit to, and the hours you can hold quotes. Arrangements start from that conversation.