Announcements Announcement On Adjustment To USDT-M Perpetual Futures Fees

Announcement On Adjustment To USDT-M Perpetual Futures Fees

2024-05-09 12:30:28 UTC 34496 Read

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Dear Gate.io Users,
In response to the current market environment and based on our commitment to enhancing service quality, we have decided to adjust the fee rates for USDT-M Perpetual Futures to foster a healthier and more sustainable trading ecosystem.

**Effective Date of New Fee:**
We will update the fee rates at 8:00 UTC on May 20th, with the new rates taking effect between 8:00 and 12:00 UTC on May 20th.

**1.Adjustments to VIP Fee Rates:**
● A consistent fee rate system will be maintained for all Maker and Taker trading, without market differentiation.
● For VIP0 to VIP10: The taker fees remain unchanged, with minor adjustments to the maker fees.
● For VIP11 and above: The taker fees will be reduced by up to 28%.

**Details of the New VIP Fee:**

| VIP Level | New Maker Fee  | New Taker Fee  |
|-----------|-------------------|-------------------|
| VIP0      | 0.020%           | 0.0500%          |
| VIP 1     | 0.020%           | 0.0480%          |
| VIP 2     | 0.020%           | 0.0460%          |
| VIP 3     | 0.018%           | 0.0400%          |
| VIP 4     | 0.018%           | 0.0420%          |
| VIP 5     | 0.018%           | 0.0400%          |
| VIP 6     | 0.015%           | 0.0380%          |
| VIP 7     | 0.015%           | 0.0360%          |
| VIP 8     | 0.015%           | 0.0340%          |
| VIP 9     | 0.015%           | 0.0320%          |
| VIP 10    | 0.010%           | 0.0300%          |
| VIP 11    | 0.000%           | 0.0260%          |
| VIP 12    | 0.000%           | 0.0240%          |
| VIP 13    | 0.000%           | 0.0220%          |
| VIP 14    | 0.000%           | 0.0180%          |
| VIP 15    | 0.000%           | 0.0160%          |
| VIP 16    | 0.000%           | 0.0150%          |

**2.Adjustments to MM Fee Rates:**
●  These rates apply to all USDT-M  Perpetual Futures markets.
● The MM tiers have been adjusted to include four levels (MM0 to MM3).
● Market makers will be offered the lowest Maker fee of -0.005%. 
For detailed information on the MM fee adjustments, please consult your major account manager, email mm@gate.io.

We anticipate that these adjustments will enhance your trading experience and contribute to the continued success of the Gate.io trading ecosystem. We appreciate your understanding and support.

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Gate.io Team
May 9, 2023

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