🧐 Besides deposits and trading volume, Binance's Perp twin stars Standx @StandX_Official have introduced a new market-making strategy

Standx launches a simple market-making method where you earn points just by placing limit orders, providing order support to the market

👉 The number of points you earn depends on the following factors:

➤ The distance between your limit price and the market price, categorized into three Band ranges: A, B, and C. The closer to the market price, the higher the point reward

- A: 0 ~ 10 basis points, 100% points

- B: 10 ~ 30 basis points, 50% points

- C: 30 ~ 100 basis points, 10% points

➤ Larger order amounts yield more points

➤ Longer order duration results in more points

A is too close to the market price and may be executed instantly, making it hard to benefit from the order duration. C is too far from the market price, resulting in suboptimal point weighting.

The optimal strategy is to stay in Band B. For example, with BTC, place your order around $500 above or below the market price. I recommend setting the order duration between 30 minutes and 1 hour.

Vibe Coding experts can also build their own automated market-making scripts and run them.

➤ Refer to the Standx API documentation: https://docs.standx.com/standx-api/standx-api