A quote can sit on the book for hours and still generate no maker rebate. The program rewards liquidity that another trader actually takes, not an intention that never executes.
That distinction changes how a market-making log should be read: posted size is an opportunity, while filled size is the event that enters the rebate calculation.
Start with executed liquidity
The documented eligibility rule is simple: place orders that add liquidity and get filled. Keep submitted, resting, canceled, and filled amounts in separate columns.
A canceled quote can still be useful information about a market, but it is not the same as liquidity that earned a share of the rebate pool.
Compete inside the market
Maker-rebate totals are calculated per market. Your share depends on the executed maker liquidity you contributed relative to other makers in that market, not on a site-wide leaderboard alone.
Compare like with like: the same market, the same payout period, and the same fee parameters. A broad total can hide that one quote generated almost all of the eligible activity.
Keep funding and payout separate
The rebate pool is funded by taker fees in eligible markets and distributed in pUSD. The documented payout cadence and minimum can change, so store the program version or terms page used for each report.
A payout is an accounting result. It does not erase the inventory, adverse selection, or cancellation decisions required to provide the liquidity in the first place.
Measure the whole loop
Review quote lifetime, fills, position changes, cancellations, and rebate together. A quote that earns a payout but leaves an unwanted position is not automatically a successful strategy.
The useful question is not how much liquidity was displayed. It is what was actually taken, what exposure it created, and whether the resulting payout justified the risk and operational work.
Further reading: Maker rebate program · Market making · Fees.
Explore the markets: Open Polymarket (referral link).
A note on risk
Prices can change and positions can lose their full value. Examples are educational, not promises of returns.
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