Professional market making on LX - Ultra-low latency, competitive rebates, and institutional-grade infrastructure

Market Maker Program

LX offers a comprehensive market maker program designed for professional trading firms, proprietary trading desks, and institutional liquidity providers seeking the highest performance decentralized exchange infrastructure.

Why LX for Market Making?

Unmatched Performance

Metric	LX	Typical CEX	Typical DEX
Order Latency	2ns - 487ns	50-500us	100ms-2s
Throughput	434M ord/sec	100K ord/sec	1K ord/sec
Finality	1ms	100ms	12s-60s
Uptime SLA	99.99%	99.9%	99%

Competitive Economics

Negative maker fees for qualifying tiers (-0.005% to -0.02%)
Volume-based rebates up to $500K/month
Priority execution with dedicated matching lanes
Reduced collateral requirements for established MMs

Institutional Infrastructure

Dedicated 10Gbps network connections
Co-location options in major data centers
Direct market access (DMA) without intermediaries
Full audit trail and compliance reporting

Program Overview

                    LX MARKET MAKER TIERS
    ================================================================

    TIER 4: STRATEGIC          Monthly Volume: $10B+
    ========================   Maker Fee: -0.020%
    |  Dedicated Infra     |   Min Spread: 2 bps
    |  Custom SLAs         |   Uptime: 95%
    |  Priority Support    |   Max Rebate: $500K/mo
    ========================
           ↑
    TIER 3: PROFESSIONAL       Monthly Volume: $1B+
    ========================   Maker Fee: -0.010%
    |  10Gbps Connection   |   Min Spread: 3 bps
    |  Direct Market       |   Uptime: 92%
    |  Access              |   Max Rebate: $200K/mo
    ========================
           ↑
    TIER 2: ADVANCED           Monthly Volume: $100M+
    ========================   Maker Fee: -0.005%
    |  Priority Lanes      |   Min Spread: 5 bps
    |  Dedicated Support   |   Uptime: 90%
    |  Real-time Metrics   |   Max Rebate: $50K/mo
    ========================
           ↑
    TIER 1: STANDARD           Monthly Volume: $10M+
    ========================   Maker Fee: 0.00%
    |  Standard Access     |   Min Spread: 10 bps
    |  Basic Support       |   Uptime: 85%
    |  Monthly Reports     |   Max Rebate: $10K/mo
    ========================

Requirements Summary

Minimum Qualifications

Requirement	Standard	Advanced	Professional	Strategic
Monthly Volume	$10M	$100M	$1B	$10B
Min. Markets	5	15	30	50
Uptime	85%	90%	92%	95%
Max Spread	10 bps	5 bps	3 bps	2 bps
Quote Depth	$50K	$250K	$1M	$5M
Capital	$500K	$2M	$10M	$50M

Compliance Requirements

KYB Verification: Full corporate documentation
AML/KYC: Beneficial ownership disclosure
Trading History: 12+ months professional track record
Technical Audit: Security assessment of trading systems
Insurance: Professional liability coverage recommended

Key Benefits

1. Ultra-Low Latency

Our matching engine delivers consistent sub-microsecond latency:

Latency Distribution (P99):
- GPU Engine:  2ns   (quantum-resistant)
- C++ Engine:  200ns (HFT optimized)
- Go Engine:   487ns (portable)

2. Deep Liquidity Incentives

Monthly rebate program based on maker volume:

Monthly Maker Volume	Rebate Rate	Max Monthly Rebate
$10M - $100M	0.5 bps	$10,000
$100M - $500M	1.0 bps	$50,000
$500M - $1B	1.5 bps	$100,000
$1B - $5B	2.0 bps	$200,000
$5B+	2.5 bps	$500,000

3. Risk Management Tools

Real-time position monitoring
Automatic kill-switch integration
Cross-margin optimization
Portfolio-level risk analytics

4. Market Data Excellence

Full order book depth (L3)
Trade-by-trade data
Historical tick data
Real-time analytics API

Getting Started

1. Application

Submit your application through our MM Portal with:

Corporate documentation
Trading history (12+ months)
Technical infrastructure overview
Compliance certifications

2. Technical Onboarding

After approval:

Receive dedicated API credentials
Configure network connectivity
Test on staging environment
Complete integration certification

3. Go Live

Gradual volume ramp-up
Real-time performance monitoring
Dedicated account manager assignment
Monthly performance reviews

Documentation

Section	Description
Program Tiers	Detailed tier requirements and benefits
Quoting Requirements	Spread, depth, and uptime obligations
Inventory Management	Position limits and hedging
API Access	Dedicated endpoints and rate limits
Fee Structure	Rebates and negative fees
Reporting	Performance metrics and dashboards
Integration Guide	Technical setup and certification
Strategies	Best practices and common approaches
Contact	Application and support

Competitive Comparison

vs. Centralized Exchanges

Feature	LX	Major CEX
Custody	Self-custody	Exchange custody
Counterparty Risk	None	Exchange risk
Transparency	Full on-chain	Opaque
Latency	2ns - 487ns	50-500us
Maker Rebate	Up to -2 bps	Up to -0.5 bps
Regulatory	Global access	Jurisdiction limits

vs. Other DEXs

Feature	LX	AMM DEX	Other CLOB DEX
Order Type	CLOB	AMM	CLOB
Latency	2ns - 487ns	2-12s	100ms-1s
Throughput	434M/sec	N/A	10K/sec
IL Risk	None	High	None
MEV Protection	Built-in	Vulnerable	Variable
Capital Efficiency	High	Low	Medium

Contact

Market Maker Relations

Email: [email protected]
Telegram: @lux_mm_support
Discord: #market-makers (verified channel)

Office Hours: 24/7 support for Tier 3+ market makers

Last updated: December 2024

Market Maker Program

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