Binance to Launch Enhanced Alpha 2.0 Liquidity Providers Program

According to the announcement from Binance, the platform is set to introduce the Enhanced Binance Alpha 2.0 Limit Order Liquidity Providers Program, effective 2026-04-21. This initiative aims to enhance the trading experience and boost liquidity for Alpha trading pairs. Participants in the program will benefit from a trading volume rebate of 0.001% on eligible tokens, specifically for Alpha Limit Orders. Rebates will be settled hourly in USDC to the funding account, with no cap on daily or monthly payouts. The program also offers 24/7 dedicated support. Eligibility for the program requires users to enroll in the Enhanced Binance Alpha 2.0 Limit Order Liquidity Providers Program. Those currently in the prior Liquidity Providers Program must submit a new application to participate. To qualify, users must demonstrate an equivalent trading volume of Spot VIP 3 or above on Binance or other exchanges, verified by Binance's VIP team. Additionally, participants must maintain a monthly effective trading volume of at least 3,000,000 USD or equivalent in Alpha 2.0 Limit Orders, aggregated across the master account and all sub-accounts. The first month after enrollment serves as a grace period without volume review, but subsequent months will involve reviews at the start of each calendar month. Rebate-eligible tokens are refreshed daily by 06:00 (UTC), based on conditions such as having at least 1,000,000 USD in 24-hour limit-order volume and a 4x Alpha Points tag. The rebate calculation method involves multiplying the effective trading volume by 0.001%, with trades against retail users only considered. USDT-denominated trades are converted to USDC at a 1:1 rate for rebate purposes. Binance reserves the right to amend or terminate the program due to various reasons, including changes in laws, technical issues, or extraordinary events.