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© 2026 Gemini Space Station, Inc.

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Market Makers

Maker Rebate Program

Earn daily USD rebates by providing liquidity on Gemini Predictions

Gemini Predictions has implemented a Maker Rebate Program. The purpose of this program is to increase liquidity, which will improve market depth and tighten spreads, to support efficient pricing for participants by incentivizing eligible market participants to provide resting liquidity to the order book via maker orders (i.e., orders that do not match immediately and rest on the order book).

Maker Rebates

Rebates for maker orders are calculated as a percentage of taker fees (with a maximum of 5% of fill notional value). This ensures makers are rewarded proportionally to the taker fee value their liquidity generates.

Rebates are calculated using the following formula for all contracts created on or after March 18, 2026:

Code
Maker Rebate = Rebate Rate × Taker Rate × C × P × (1 − P)
VariableDescription
CNumber of contracts traded
PPrice of the contracts in dollars (50 cents is .5)

Rebate Rates

Rebate rates may differ by market and are subject to change.

The dated schedule below describes the published program periods. Rates, eligible categories, and terms may change; check the current Gemini fee schedule and the applicable API response before relying on a rate.

MarketPeriodRebate Rate
Crypto and CommoditiesApril 9, 2026 - June 10, 20260.70
June 11, 2026+0.30
PoliticsMay 10, 2026 - June 10, 20260.70
June 11, 2026+0.30
SportsApril 9, 2026 - June 10, 20260.50
June 11, 2026+0.30
EconomicsMay 10, 2026 - June 10, 20260.50
June 11, 2026+0.30
All other marketsMarch 18, 2026+0.30

Rebate Examples

Order TypePriceContractsTaker RateRebate RateMaker RebateMaker FeeMaker Net
Maker$0.201000.070.30$0.33$0.28+$0.05
Maker$0.401000.070.30$0.50$0.42+$0.08
Maker$0.501000.070.30$0.52$0.44+$0.08
Maker$0.801000.070.30$0.33$0.28+$0.05

Rebate Precision

Rebates are rounded down to the next cent.

Eligibility

To qualify for a rebate, a maker order must match with an execution price that falls within the eligible price band.

Code
Eligible price band = $0.20 to $0.80

Rebates only apply to contracts listed on or after March 18, 2026.

Payment

Rebates are paid daily at 5pm ET in USD.

Taker Rewards ProgramLiquidity Rewards Program
On this page
  • Maker Rebates
  • Rebate Rates
  • Rebate Examples
  • Rebate Precision
  • Eligibility
  • Payment