Quotes
Partners must request an executable quote before creating a subscription or redemption request. Quotes define:- flow type
- asset pair
- executable pricing
- quote expiration
- expected settlement amounts
Supported Flows
Subscription
Redemption
Quote Request
Partners request quotes by providing:- flow type
- asset pair
- amount
- settlement parameters
Quote Response
A successful quote response includes:- quote ID
- amount in
- amount out
- expiration timestamp
- supported settlement information
Quote Expiration
Quotes are time-limited. Expired quotes cannot be used to create requests. Partners are responsible for creating requests before expiration.Executable Pricing
Quotes represent executable commercial terms at the moment of creation. Once created, quote validity is governed exclusively by the quote expiration timestamp. Underlying market changes do not modify an already issued quote.Quote Lifecycle
Quotes support the following lifecycle states.ACTIVE
The quote is valid and may be used to create requests.EXPIRED
The quote expiration timestamp has been reached. Expired quotes cannot be used operationally.CONSUMED
The quote has already been used to create a request. Consumed quotes cannot be reused.Precision Rules
| Asset | Precision |
|---|---|
| USTBL | Up to 6 decimals |
| USDT | Up to 2 decimals |
Operational Rules
Single Use
Quotes may only be consumed once.Asset Validation
Quotes are only available for supported:- assets
- networks
- flow types
Settlement Validation
Quotes may validate:- payout address eligibility
- operational compatibility
- request constraints
Error Scenarios
Quote creation may fail for reasons including:- unsupported asset
- unsupported network
- invalid amount
- invalid address
- expired request parameters
- operational restrictions
Future Scope
The following capabilities are currently out of scope for V1:- streaming quotes
- RFQ negotiation
- partial quote consumption
- quote amendments
- indicative pricing
- webhook notifications