Gate.io API Rate Limit Rules Adjustments for Enhanced Spot Trading

To optimize resource allocation and continually enhance the trading experience, we will implement adjustments to the order entry rate limiting rules for the Spot API, effective November 14, 2024, at 08:00 UTC.

1.Current Rate Limit Rules for Spot TradingThe rate limit for batch/single order placement and amend an order are total of 10r/s (UID Market)● The same uid has a rate limit of 10r/s in different markets.The rate limits in different spot markets are independent.

**2.Adjustments to Rate Limit Rules **The platform will implement rate limiting for trading activities that involve frequent order placement, cancellation, or modification with a low fill ratio over a short period. The specifics are as follows:(1).Statistical Period● Statistical Period: Data will be accumulated over the most recent 24 hours, with statistics updated hourly.

**(2).Request Types (order placement, modification, and cancellation) **● Statistics Items: All requests, including successful and failed order placements, cancellations, and modifications (e.g., passive order fills, insufficient funds)will be counted.

** (3).Rate Limit Rules**Absence of Fills● The order placement (POST /spot/orders) and order modification (PATCH /spot/orders/{order_id}) API endpoints will be subject to a rate limit, capped at a maximum of 10 requests per 10 seconds based on UID.(Advise to keep the ratio above 0.1)

(4).Unlock Mechanism● The system will perform a continuous evaluation of trading behaviors. Upon hourly detection of a strategy adjustment that aligns with our efficiency benchmarks , the rate limit will be automatically lifted within a one-hour timeframe.

Explanation:Every hour, the system calculates the fill ratio for the past 24 hours, applying a restriction for at least one hour. If a user is restricted in the current hour as the fill ratio is recalculated hourly, the restriction will be lifted when the fill ratio exceeds the threshold.

3.Calculation of Fill RatioThe Fill Ratio is determined using the following formula:Fill Ratio = (Trade Volume in USDT)/ (sum of new and modification and cancellation requests)