Binance has overhauled its VIP fee structure effective April 1, 2026. The new VIP 1 tier (requiring just $1M monthly volume) now charges 0.02% maker / 0.03% taker on USDT perpetuals — a 40% cut on taker fees. Market makers above $50M/month now qualify for rebates of -0.010%.
The change directly targets Bybit's competitive pricing and may reshape volume distribution among top-tier traders.