Keepers keep the Drift network healthy.
For matching orders, Keepers receive a portion of the taker fee.
For cancelling orders (that can be cancelled see Advanced Orders FAQ), Keepers will receive the
cancel_order_fee on the state.
Liquidation rewards for keepers are different for every market and range from 0.75% to 3% of the amount liquidated. See Fee schedule (opens in a new tab).
Currently, the USDC reward function for keepers (f_keeper) is designed as:
where: is seconds since the order was placed is the taker fee paid by the user who placed the order
This reward is subject to evolve to incentivise CLOB-like execution ordering. See source code (opens in a new tab) for the on-chain calculation.
A Keeper reward multiplier (for taker price improvement) is applied to the keeper's minimum time-based reward component in the function above. Any percent improvement versus the baseline
oracle +/- 10bps, increases this multiplier.
30d fill volume for keepers is tracked on-chain via
UserStats, allowing for logic to reward consistent keepers with a larger multiplier on rewards.