API Update: Protected Liquidity Pool Rollout

We are happy to announce the rollout of Protected Liquidity Pools (PLP) aiming at improving market conditions and fill rates for BitMEX traders. The PLP model will use two order books — Primary and Secondary — with differentiated access rules per client type. More details can be found here.  Effective Date and Time: 30 April at 06:00 UTC

What is Changing?

BitMEX traders will be classified into personas and their access will be defaulted to the relevant user experience. 

Unauthenticated users will see a change in public data subscriptions(OrderBookL2/trade/quote). It will be defaulted to Aggregated. 

Who is Affected?

All unauthenticated users of the platform will see a change in behaviour in public market data feeds. 

What Action is Needed?

The system will implement smart defaulting based on the identity of the user. We strongly recommend to all of our users to start signing both of their WS connection and REST calls, even for public data queries.  

For Designated Market Makers and single book liquidity users, or those looking to choose a different liquidity view, please follow the user guide here. 

If you have any questions about these upcoming changes, please contact Support.

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