š§Program Configuration
Update Frequency = Randomized 10-second intervals
Global Parameters
Tier | Instruments | Daily Allocation (points) | Tier Share (%) | Base Allocation (%) |
---|---|---|---|---|
1 | ETH-USD-PERP BTC-USD-PERP SOL-USD-PERP | 800ā000 / 7 = 114ā285.714285 | 80% | 30% |
2 | All other perpetuals | 200ā000 / 7 = 28ā571.428571 | 20% | 40%* |
Daily points allocation = 1ā000ā000 / 7 = 142ā857.142857143 (i.e. 1 million points a week)
Maker Program Parameters
Tier | Instruments | Maker Volume Weight | Order Scaling | Max Spread (bps) | Weight on Min (%) | Quote Quality EWMA Factor | Volume Decay |
---|---|---|---|---|---|---|---|
1 | ETH-USD-PERP BTC-USD-PERP SOL-USD-PERP | 80% | 0.3 | 20 | 70% | 20% | 33.27 (corresponding to a half-life of 30minutes) |
2 | All other perpetuals | 70% | 0.2 | 40 | 70% | 20% | 22.18 (corresponding to a half-life of 45minutes) |
Note that half-life can be obtained from the decay factor as :
Fee Program Parameters
Tier | Instruments | Fee Decay |
---|---|---|
1 | ETH-USD-PERP BTC-USD-PERP SOL-USD-PERP | 33.27 (corresponding to a half-life of 30minutes) |
2 | All other perpetuals | 22.18 (corresponding to a half-life of 45minutes) |
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