Optimism Liquidity Program

Program Split Tiers

OP rewards are calculated on a weekly epoch basis and distributed periodically on Optimism based on the following criteria.

Maker Rewards

Please see here for a breakdown of how this math works.

Maker rewards account for 45% of the total program distribution. This is based on the liquidity provider reward formula. Resting orders that qualify and meet the configured criteria will be rewarded. Note that a bid and ask that are resting and meet the criteria are required - please see the formula breakdown above.

• Classic and Gladius Systems Qualify:
  • Orders placed through the Classic system receive a 50% bonus in reward points.
  • Orders placed through the Gladius system are credited at their normal rate.

Taker Rewards

Taker rewards are distributed as follows:

• 45% allocated to OP/USDC taker rewards.
• 10% allocated to taker rewards across any valid trading pair.

Taker rewards are based on total volume of trades executed by takers on the platform.

Liquidity Rewards System

Using our liquidity rewards formula, market makers that provide liquidity through resting limit orders near the spread are credited. They must maintain a bid and an ask to be credited. Our system polls randomly once every minute to sample the order book and reward makers maintaining a bid and an ask according to the same formula DyDx popularized. Note that the system rewards the orders closer to the spread much more creating a competitive environment.

Classic and Gladius systems are eligible for liquidity rewards, with Classic orders receiving a 50% bonus.