How to Reduce Token Spread on a Centralized Exchange
Wide spread on a CEX listing is rarely a bug — it is the absence of a credible quoting commitment. Fixing it is a structural problem, not a marketing one.
Book a 30-min call with a partner →Confidential · No obligation
- First lever
- Add a second MM with capped-spread KPI
- Second lever
- Negotiate rebate tier upgrade with venue
- Third lever
- Reduce listed pairs to the ones you can defend
- Timeframe
- Measurable change inside 30 days
Diagnose before you spend
Pull the 14-day time-weighted spread, depth at ±50bps and ±200bps, and two-sided uptime. If uptime is the problem, the MM is the issue. If depth is the problem, the rebate stack is the issue. If spread alone is wide, the panel is too thin.
Frequently asked
Can we fix spread without a new MM contract?
Sometimes. A KPI renegotiation with the existing MM plus a venue rebate upgrade can move the needle. If both are already optimised, the panel is the constraint.
Talk to a partner
Live decision on the table?
Panel design, term-sheet review, KPI matrix, or a venue rebate negotiation — direct partner time, no pitch deck.