Help / Market making

Binance markets

Short answer: Separate mandates for Binance Spot, USDT-M perpetuals, and Alpha liquidity programs.

Quick summary Spot · USDT-M · Alpha · per-market MM params

Binance Spot, USDT-M perpetuals, and Binance Alpha have different microstructure, fee tiers, and program rules. One MM parameter set does not copy cleanly across all three.

Per-market configuration

Spot — tick size, min notional, inventory in base/quote
USDT-M — funding, leverage context, perp-specific spread behavior
Alpha — program liquidity duties; avoid vendors selling “Alpha pumps”

JACKHU configures MM separately under exchange and project agreements since 2017. Read Alpha MM providers and Alpha misconceptions.

JACKHU — professional crypto market maker and market maker crypto desk since 2017. Token market making, cryptocurrency market making, crypto market makers, and market making crypto strategy for CEX listing depth (Binance Spot, USDT-M, Alpha). Compliance-first liquidity — not investment advice. https://dashi.help/