Binance unveiled new guidelines requiring market makers to disclose their identities, contractual terms, and other details to token issuers and liquidity providers. The rules also prohibit profit and guaranteed-return arrangements to prevent conflicts of interest and manipulative trading. Binance said it would monitor market-maker activity and take action against misconduct, including selling tokens on launch timelines that conflict with releases or inflating trading volume.
Token issuers and liquidity providers will be subject to stricter obligations under the new guidelines. A Binance spokesperson said the rules are designed to help projects conduct more thorough due diligence on market-maker partners and remind users to stay mindful of market conditions. The company added that it aims to foster a fair and efficient market and will not tolerate misconduct.
It remains unclear whether Binance will publicly name market makers on a blacklist. This shift signals increased oversight across the market and could influence token launches and market-maker partnerships. Regulators and exchanges may scrutinize partner arrangements more closely as this policy rolls out.
Stakeholders should review contracts and prepare for ongoing due diligence. Maintaining compliance will help ensure fair market practices.
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