Market Maker Incentive Program

Get rewarded for market making and providing liquidity on Yamata

Overview

The Yamata Market Maker Incentive Program represents the most competitive liquidity provision rewards in crypto, combining industry-leading fee rebates with substantial YMTA token rewards. Our dual-incentive structure ensures that professional market makers and high-volume traders are compensated not only through ultra-low fees—including rebates for top-tier providers- but also through performance-based token distributions that align long-term value creation with immediate profitability.

Designed for professional market makers, institutional liquidity providers, and sophisticated individual traders, this program transforms liquidity provision from a cost center into a profit center. Participants at the highest tiers earn rebates on every maker trade while simultaneously building positions in YMTA through our performance-weighted reward system. This creates a compounding benefit structure that scales with your commitment to providing quality liquidity.

Fee Structure

Our tiered fee structure rewards volume with progressively lower costs, culminating in rebates that pay you to provide liquidity:

Tier

30-Day Trading Volume

Maker Fee

Taker Fee

Tier 0

< $100K

0.10%

0.20%

Tier 1

$100K - $5M

0.05%

0.10%

Tier 2

≥ $5M

0.04%

0.08%

Tier 3

≥ $20M

0.03%

0.06%

Tier 4

≥ $50M

0.00%

0.04%

Tier 5

≥ $100M

-0.01%

0.02%

Tier 6

≥ $200M

-0.015%

0.01%

Note: Negative maker fees mean you receive rebates-Yamata pays you for providing liquidity. At Tier 6, every $100M in maker volume generates $15,000 in direct rebates.

How to Qualify

Professional Application

For established market makers and institutional liquidity providers seeking immediate program access:

  • Requirements: Proven track record in market making, documented performance history on other exchanges

  • Documentation: Trading history, firm credentials, technical infrastructure details

  • Review Process: Yamata team evaluation typically completed within 1-3 business days

  • Benefits: Immediate tier placement based on historical volume, priority onboarding, dedicated support

Organic Qualification

Active Yamata traders automatically qualify through demonstrated performance:

  • Threshold: ≥ $1M in rolling 30-day trading volume

  • Process: Automatic monitoring and invitation system—no application required

  • Timeline: Invitations sent within days of qualifying

  • Transition: Seamless enrollment with immediate access to current tier benefits

Required Information

For Professional Applications:

  • Company profile and regulatory status

  • Historical trading volume data (6+ months preferred)

  • Technical infrastructure specifications

  • Reference contacts from previous exchanges or partners

For All Participants:

  • Technical contact information for API integration

  • Preferred communication channels for support

YMTA Token Rewards

Allocation

Total Program Allocation: 5.5% of total YMTA token supply distributed over 36 months to maximize early participation incentives and ensure sustained program funding.

Monthly Reward Distribution Schedule

Our front-loaded distribution model incentivizes early program adoption while maintaining long-term sustainability:

Period

Monthly Allocation

Tokens per Month*

Cumulative Distribution

Month 1

6.0%

~3,300,000

6.0%

Months 2-3

4.0% each

~2,200,000

14.0%

Months 4-12

2.5% each

~1,375,000

36.5%

Months 13-24

2.0% each

~1,100,000

60.5%

Months 25-36

~1.3% each

~715,000

100.0%

*Based on estimated total program allocation. Exact token amounts depend on final supply allocation.

Performance Scoring System

Monthly YMTA rewards are distributed proportionally based on your performance score across four weighted factors:

  1. Maker Volume (40%) - Total volume provided through maker orders, rewarding liquidity contribution

  2. Spread Tightness (25%) - Average bid-ask spread maintenance, incentivizing competitive pricing

  3. Order Book Depth (20%) - Liquidity provided at various price levels, supporting market stability

  4. Uptime (15%) - Percentage of time with active orders, encouraging consistent market presence

Calculation: Your monthly reward share = (Your performance score ÷ Total all MM scores) × Monthly reward pool

Vesting Schedule

Rewards are split to balance immediate incentives with long-term platform alignment:

  • 50% Instant: Available immediately when epoch concludes

  • 50% Vested: Linear unlock over 4 months (25% per month)

  • Purpose: Reduces sell pressure while providing immediate liquidity for operational needs

Rewards Calculation Example

Tier 6 Market Maker Scenario

Monthly Performance Assumptions:

  • Total Trading Volume: $500M (qualifying for Tier 6)

  • Maker Volume: $300M (60% maker ratio)

  • Performance Score: 12% of total market maker pool

  • Monthly Reward Pool: 2,000,000 YMTA tokens

Fee Rebate Calculation:

  • Maker rebate: $300M × 0.015% = $45,000

  • Taker fees paid: $200M × 0.01% = $2,000

  • Net fee benefit: $43,000 YMTA Token Rewards:

  • Total tokens earned: 2,000,000 × 12% = 240,000 YMTA

  • Instant (50%): 120,000 YMTA (claimable immediately)

  • Vested (50%): 120,000 YMTA (30,000 per month over 4 months)

Combined Monthly Value:

  • Direct cash rebates: $43,000

  • Token rewards: 240,000 YMTA

  • Total program benefit significantly exceeds traditional fee structures

Additional Benefits

Technical Infrastructure

Premium API Access

  • Higher rate limits (10x standard rates)

  • Priority order routing and execution

  • Dedicated API endpoints for market makers

  • Advanced order types and conditional logic

Low-Latency Connectivity

  • Direct market data feeds with microsecond precision

  • Optimized network paths for minimal latency

  • Custom connectivity solutions for high-frequency strategies

Advanced Trading Tools

  • Proprietary market making analytics dashboard

  • Real-time performance monitoring and alerts

  • Historical data access and backtesting capabilities

  • Custom reporting and compliance tools

Support & Account Management

Priority Technical Support

  • Dedicated support channels on Telegram / Slack

  • Direct access to engineering team for technical issues

  • 24/7 availability during critical market periods

  • Proactive monitoring and issue resolution

Dedicated Account Management

  • Tier 4+: Assigned account manager for strategic support

  • Tier 5+: Direct engineering contact for custom requirements

  • Priority feature requests and product roadmap input

Competitive Advantages

Recognition & Rewards

  • Monthly leaderboard with public recognition for top performers (coming soon)

  • Speaking opportunities at Yamata-sponsored events

Exclusive Access

  • Early access to new trading pairs and markets

  • Beta testing opportunities for new platform features

  • Private market maker forums and community access

  • Governance proposal early preview and feedback sessions

Program Rules

Performance Measurement

Epoch Structure

  • Duration: 30-day reward calculation periods

  • Volume Calculation: Rolling 30-day volume for tier determination

  • Performance Tracking: Real-time scoring with daily updates

  • Reward Distribution: Within 72 hours of epoch conclusion

Fair Trading Standards

Program integrity is maintained through strict enforcement of fair trading practices:

Prohibited Activities

  • Wash Trading: Self-trading or artificial volume generation is strictly forbidden

  • Market Manipulation: Price manipulation, spoofing, or other manipulative practices

  • System Abuse: Exploiting technical vulnerabilities or API limitations

  • Coordinated Activity: Collusive behavior with other market participants

Enforcement Mechanisms

  • Real-time Monitoring: Automated detection systems with human oversight

  • Regular Audits: Quarterly comprehensive review of trading patterns

  • Graduated Penalties: Warning system progressing to temporary suspension

Compliance Requirements

Platform Terms

  • Ongoing compliance with Yamata Terms of Service

  • Adherence to API usage guidelines and rate limits

  • Maintenance of account security and access controls

  • Prompt reporting of security incidents or suspicious activity

Getting Started

Application Process

For Professional Market Makers:

  1. Complete detailed application form

  2. Specify technical requirements and preferences

  3. Documentation Review

  4. Yamata team evaluation of credentials and history

  5. Technical infrastructure assessment

  6. Approval & Onboarding (typically 3-5 business days)

  7. Program approval notification

  8. Technical integration support

  9. Account setup and API configuration

  10. Program Enrollment

  11. Immediate access to tier-appropriate benefits

  12. Performance tracking dashboard activation

  13. Dedicated support channel setup

For Organic Qualification:

  1. Active Trading on Yamata platform

  2. Volume Achievement: Reach $1M+ in rolling 30-day volume

  3. Automatic Invitation: Sent within days of qualification

  4. Enrollment Acceptance: Simple opt-in process

  5. Immediate Benefits: Access to enhanced fee structure and reward tracking

Technical Requirements

Infrastructure Essentials

  • API Integration: Recommended for optimal performance and control

  • Capital Adequacy: Sufficient funds for meaningful liquidity provision across multiple price levels

  • Uptime Infrastructure: Reliable systems capable of 95%+ uptime

  • Risk Management: Automated position limits and risk controls

Recommended Specifications

  • Co-located servers for minimum latency

  • Redundant internet connections and failover systems

  • Real-time monitoring and alerting capabilities

  • Automated trading system with manual override capabilities

Timeline & Expectations

Application to Active Trading

  • Application Review: 3-5 business days

  • Technical Onboarding: 1-2 business days after approval

  • First Reward Calculation: End of first complete 30-day epoch

  • Performance Optimization: Ongoing support and consultation

Contact Information

Primary Channels

Frequently Asked Questions

How are tier levels calculated?

Tiers are determined by your rolling 30-day trading volume across all spot trading pairs on Yamata. Volume calculations are updated continuously in real-time, and your tier (including associated fee rates) adjusts automatically when your volume crosses tier thresholds. The system uses a rolling window, so older trading activity phases out as new activity is added, ensuring tiers accurately reflect current trading patterns.

When are YMTA rewards distributed?

YMTA rewards are distributed within 72 hours of each 30-day epoch conclusion. Your performance is continuously scored throughout the epoch using our weighted metrics system. At epoch end, your proportional share of the monthly reward pool is calculated and distributed. The instant portion (50%) becomes immediately claimable in your account, while the vested portion (50%) begins its 4-month linear unlock schedule with 25% becoming available each month.

Can I qualify organically and then apply formally?

Absolutely! Organic qualification through trading volume provides immediate access to the program benefits. If you later wish to formalize your status to access additional institutional benefits (dedicated account management, custom technical solutions, priority support), you can submit a professional application. Your existing performance history and volume will be considered in the formal review process.

What happens if my volume drops below my current tier threshold?

Tier adjustments are automatic and based on rolling 30-day volume calculations. If your volume decreases below your current tier threshold, your fee rates will adjust to match your new tier at the next calculation cycle (updated daily). There are no penalties or restrictions—you simply receive the benefits appropriate to your current volume level. When your volume increases again, you'll automatically move back to higher tiers.

How do I track my performance score?

All program participants have access to a comprehensive real-time performance dashboard showing:

  • Current Performance Breakdown: Live scoring across all four metrics (volume, spread, depth, uptime)

  • Relative Rankings: Your position compared to other program participants

  • Reward Projections: Estimated token allocation based on current performance

  • Historical Analytics: Complete performance history and rewards earned

  • Tier Tracking: Current tier status and progress toward next tier

  • Vesting Schedule: Timeline and amounts for all vested token rewards will be made available in a web portal

Are there minimum uptime requirements?

While there's no strict minimum uptime requirement, uptime accounts for 15% of your

performance score and directly impacts your YMTA reward allocation. We recommend maintaining at least 95% uptime for optimal rewards. Uptime is measured as the percentage of time you have active orders in the order book across your traded pairs. Brief maintenance periods and planned downtime are factored into the calculation to ensure fairness.

Can I participate from any jurisdiction?

Yamata operates as a decentralized, non-custodial protocol. Users maintain full custody of their assets at all times, and Yamata does not act as a custodian or financial intermediary. As with all DeFi protocols, participation is permissionless and available globally.

Important: You are responsible for ensuring your participation complies with applicable laws and regulations in your jurisdiction. We strongly recommend consulting with legal counsel regarding your specific situation, as regulatory frameworks for DeFi vary significantly by location.

What's the minimum volume to make the program worthwhile?

While any volume level benefits from our competitive fee structure, the combined value of fee savings and token rewards becomes increasingly significant at higher volumes. Market makers consistently maintaining above $1M monthly volume typically see meaningful benefits from token rewards. Those achieving Tier 4+ ($50M+) experience substantial combined value from both fee rebates and performance-based YMTA distributions. The program is designed to scale rewards with your commitment and contribution to platform liquidity.

How are performance metrics calculated in detail?

Maker Volume (40%): Total USD volume of maker orders filled during the epoch, weighted by pair liquidity needs.

Spread Tightness (25%): Time-weighted average of your best bid-offer spread compared to market spread, across all active pairs.

Order Book Depth (20%): Average liquidity provided at 1%, 2%, and 5% price levels from mid-market, measured continuously.

Uptime (15%): Percentage of epoch time with active maker orders, calculated per pair and weighted by pair importance.

Detailed calculation methodologies and examples are available in your performance dashboard.

Ready to Get Started?

Join the most competitive market maker program in crypto. Earn industry-leading rebates while building the future of Yamata's liquidity infrastructure.

[Apply Now - INSERT_LINK] | [Contact Our Team - INSERT_LINK] | [View Dashboard - INSERT_LINK]

This program is subject to Yamata's Terms of Service and may be modified through governance

proposals. Material changes will be communicated with minimum 30-day advance notice to allow for strategy adjustments.

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