diff --git a/README.md b/README.md
index 3c8c430..c4e126d 100644
--- a/README.md
+++ b/README.md
@@ -192,7 +192,7 @@ Example:
 ```js
 const request = await marketplace.createStorageRequest({
   duration: 3000,
-  reward: 100,
+  pricePerBytePerSecond: 1,
   proofProbability: 1,
   nodes: 1,
   tolerance: 0,
diff --git a/src/marketplace/marketplace.test.ts b/src/marketplace/marketplace.test.ts
index ebdaea6..f84a395 100644
--- a/src/marketplace/marketplace.test.ts
+++ b/src/marketplace/marketplace.test.ts
@@ -12,7 +12,7 @@ function createStorageRequest() {
   return {
     cid: randomString(64),
     duration: randomInt(1, 64000),
-    reward: randomInt(1, 100),
+    pricePerBytePerSecond: randomInt(1, 100),
     proofProbability: randomInt(1, 100),
     nodes: randomInt(1, 5),
     tolerance: randomInt(1, 100),
@@ -325,12 +325,15 @@ describe("marketplace", () => {
     assert.deepStrictEqual(response, minNumberValidationError("duration", 1));
   });
 
-  it("returns an error when trying to create a storage request without reward", async () => {
-    const { reward, ...rest } = createStorageRequest();
+  it("returns an error when trying to create a storage request without pricePerBytePerSecond", async () => {
+    const { pricePerBytePerSecond, ...rest } = createStorageRequest();
 
     const response = await marketplace.createStorageRequest(rest as any);
 
-    assert.deepStrictEqual(response, missingNumberValidationError("reward"));
+    assert.deepStrictEqual(
+      response,
+      missingNumberValidationError("pricePerBytePerSecond")
+    );
   });
 
   it("returns an error when trying to create a storage request without proof probability", async () => {
diff --git a/src/marketplace/marketplace.ts b/src/marketplace/marketplace.ts
index 72e957b..0f55c25 100644
--- a/src/marketplace/marketplace.ts
+++ b/src/marketplace/marketplace.ts
@@ -236,7 +236,7 @@ export class CodexMarketplace {
     const {
       cid,
       duration,
-      reward,
+      pricePerBytePerSecond,
       proofProbability,
       nodes,
       collateral,
@@ -249,7 +249,7 @@ export class CodexMarketplace {
       method: "POST",
       body: JSON.stringify({
         duration: duration.toString(),
-        reward: reward.toString(),
+        pricePerBytePerSecond: pricePerBytePerSecond.toString(),
         proofProbability: proofProbability.toString(),
         nodes,
         collateral: collateral.toString(),
diff --git a/src/marketplace/types.ts b/src/marketplace/types.ts
index a8f2adb..503a09f 100644
--- a/src/marketplace/types.ts
+++ b/src/marketplace/types.ts
@@ -30,10 +30,9 @@ export type CodexStorageRequest = {
     proofProbability: string;
 
     /**
-     * The maximum amount of tokens paid per second per slot to hosts
-     * the client is willing to pay.
+     * The amount of tokens paid per byte per second per slot to hosts the client is willing to pay
      */
-    reward: string;
+    pricePerBytePerSecond: string;
 
     /**
      * Max slots that can be lost without data considered to be lost.
@@ -215,7 +214,7 @@ export type CodexPurchase = {
 export const CodexCreateStorageRequestInput = v.strictObject({
   cid: v.string(),
   duration: v.pipe(v.number(), v.minValue(1)),
-  reward: v.number(),
+  pricePerBytePerSecond: v.number(),
   proofProbability: v.number(),
   nodes: v.optional(v.number(), 1),
   tolerance: v.optional(v.number(), 0),