RFQ
An on-chain derivatives trading tool designed to provide users with a safer, more flexible, and faster trading experience through a request-for-quote (RFQ) mechanism. Its core functions include:
Inquiry | Users first initiate an inquiry off-chain, specifying your requirements for a particular derivative, such as contract type, quantity, and target price. |
Quote | After the inquiry is confirmed, the system displays all requests in the inquiry list, allowing quoters to provide quotes for any selected inquiry. |
Off-Chain Matching | Once the inquirer confirms the quote, the system performs off-chain matching and validation of the order. |
On-Chain Execution | Once off-chain matching is complete, the order is automatically submitted on-chain, where it is executed and settled by smart contracts, ensuring transparency and security throughout the entire trading process. |