Bitfinex Moves to Zero-Fee Trading Model
CW51 Bitfinex removed maker and taker fees across major products to boost market share. A new stablecoin, $U, launched within the Binance ecosystem on BSC and Ethereum. Meanwhile, the SEC concluded its long-running investigation into Aave without enforcement action.
Bitfinex introduces 0 fee trading
Bitfinex, a cryptocurrency exchange and sister company of Tether, has cut its maker and taker trading fees to zero in a long-term competitive strategy to grow its market share. Zero trading fees will apply to a diverse set of products and this change has no defined date to end.
This new “default” for Bitfinex will apply to spot trading, margin trading, derivatives trading, securities trading on Bitfinex Securities, and OTC trading carried out through Bitfinex.
When questioned on how the company would profit without this revenue source, Bitfinex declared having multiple revenue streams other than maker and taker trading fees, including withdrawal fees and fees for specific capital markets activities.
New stablecoin $U in Binance ecosystem
Dec.18, U Stables Tech launched a stable coin named $U on BSC and ETH chain, claiming to be fully backed 1:1 by a combination of cash and audited stablecoins such as USDC, USDT and USD1. It's a familar name for Chinese speaking community as people usually call $USDT as a short version 'U'.
The partners are all Binance club (Binance Wallet, Lista Dao, Aster, Four.meme...), The X account is followed by CZ, so likely associated with Binance. It's most likely the next attempt where Binance try to participate in the stablecoin business, after BUSD, FDUSD and BFUSD.
The value propositions for $U are
- Centralized and decentralized trading
- Lending, staking, and yield strategies across DeFi
- Institutional OTC settlement and treasury operations
- Cross-border payments and remittances
- Supply-chain and B2B settlement workflows
- AI-driven autonomous payment systems
Website: https://www.u.tech/
SEC ends 4 year investigation into Aave
The United States Securities and Exchange Commission (SEC) has concluded its 4-year long investigation into the decentralized finance protocol AAVE, the largest blockchain based protocol that enables users to lend and borrow cryptocurrencies through smart contracts.
Aave founder and CEO Stani Kulechov announced the long-awaited good news for the DeFi community on Dec. 16, informing that the SEC had not recommended enforcement action.
Meanwhile Stani posted the AAVE's 2026 master plan on X https://x.com/StaniKulechov/status/2001036446098919461
About 1Token:
1Token is a digital asset investment management platform providing Crypto PMS, RMS, and Portfolio Accounting Software, managing over $20 billion in assets for more than 80 clients worldwide.
All-in-one support designed for allocators, portfolio managers, treasury managers and fund operations and accountants, seeking transparency and control.
- Front office (portfolio managers and traders) to view live position and exposure, calculate trading PnL and historical performance.
- Middle office (ops and risk) to maintain portfolios and API accounts, book OTC trades, monitor risk metrics and analyze VaR/STV, generate shadow NAV with investor subscription/redemption/dividend.
Back office (admin and auditors) to collect and reconcile trades, generate valuation and PnL reporting under FIFO/WAC tax strategy.
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