rfq Channel

Monitor RFQ (Request for Quote) requests and responses. Supports complex option strategies with multiple instruments per request.

Parameter	Required	Description
`account`	No	Smart account address - filters RFQ events for this account
`type`	No	`"request"` or `"response"` - filters by RFQ event type
`order_id`	No	Specific RFQ order ID to monitor (32 hexadecimal characters)

Monitor all RFQ requests from an account:

{
  "channel": "rfq",
  "query": {
    "account": "0x1234567890abcdef1234567890abcdef12345678",
    "type": "request"
  }
}

Monitor all RFQ responses visible to an account:

{
  "channel": "rfq",
  "query": {
    "account": "0x1234567890abcdef1234567890abcdef12345678",
    "type": "response"
  }
}

Monitor all RFQ requests (market maker perspective):

{
  "channel": "rfq",
  "query": {
    "type": "request"
  }
}

Monitor a specific RFQ order:

{
  "channel": "rfq",
  "query": {
    "order_id": "863509b1a865fa3f502a9f6784122dd7"
  }
}

Monitor all RFQ activity:

{
  "channel": "rfq",
  "query": {}
}

The order_id must be exactly 32 hexadecimal characters. Use different query combinations based on your role (taker vs maker).

Event: rfq_request

Emitted when a new RFQ request is created. RFQ requests can contain multiple instruments to create option combinations.

{
  "kind": "event",
  "type": "rfq_request",
  "timestamp_ms": 1751468186897,
  "data": {
    "taker": "0x1234567890abcdef1234567890abcdef12345678",
    "rfq_orders": [
      {
        "instrument_name": "BTC_USDC-31OCT25-130000-C",
        "contracts": 25,
        "direction": "buy"
      },
      {
        "instrument_name": "BTC_USDC-31OCT25-108000-C",
        "contracts": 30,
        "direction": "sell"
      }
    ],
    "order_id": "863509b1a865fa3f502a9f6784122dd7"
  },
  "subscription": {
    "channel": "rfq",
    "query": {}
  }
}

Field	Type	Description
`taker`	string	Address of the account requesting quotes
`rfq_orders`	array	Array of market orders for multiple instruments
`order_id`	string	32-character hex identifier for the RFQ request

Multiple instruments enable complex option strategies (spreads, straddles, etc.).

Event: rfq_post_response

Emitted when a market maker posts a new response to an RFQ request with pricing. Each fill represents a market order paired with limit orders that would satisfy it.

{
  "kind": "event",
  "type": "rfq_post_response",
  "timestamp_ms": 1751468277275,
  "data": {
    "fills": [
      [
        {
          "direction": "buy",
          "instrument_name": "BTC_USDC-31OCT25-130000-C",
          "contracts": 25
        },
        [
          {
            "direction": "buy",
            "instrument_name": "BTC_USDC-31OCT25-130000-C",
            "type": "good_til_cancelled",
            "contracts": 25,
            "price": 132500,
            "post_only": true,
            "mmp": false,
            "liquidation": false,
            "taker": "0x1234567890AbcdEF1234567890aBcdef12345678",
            "maker": "0x0987654321098765432109876543210987654321",
            "signature": "0x...",
            "signature_deadline": 1735689600,
            "order_id": "863509b1a865fa3f502a9f6784122dd7",
            "order_state": "open",
            "filled_amount": 0,
            "creation_timestamp": 1751468277,
            "chain_id": 421614,
            "to_be_filled": 25
          }
        ]
      ],
      [
        {
          "instrument_name": "BTC_USDC-31OCT25-108000-C",
          "contracts": 30,
          "direction": "sell"
        },
        [
          {
            "instrument_name": "BTC_USDC-31OCT25-108000-C",
            "type": "good_til_cancelled",
            "contracts": 30,
            "direction": "sell",
            "price": 150000,
            "post_only": true,
            "mmp": false,
            "liquidation": false,
            "taker": "0x1234567890AbcdEF1234567890aBcdef12345678",
            "maker": "0x0987654321098765432109876543210987654321",
            "signature": "0x...",
            "signature_deadline": 1735689600,
            "order_id": "863509b1a865fa3f502a9f6784122dd7",
            "order_state": "open",
            "filled_amount": 0,
            "creation_timestamp": 1751468277,
            "chain_id": 421614,
            "to_be_filled": 30
          }
        ]
      ]
    ],
    "order_id": "863509b1a865fa3f502a9f6784122dd7",
    "taker": "0x1234567890abcdef1234567890abcdef12345678",
    "maker": "0x0987654321098765432109876543210987654321",
    "response_id": "dc937919bb5dac8f50a82ecb16a01719"
  },
  "subscription": {
    "channel": "rfq",
    "query": {}
  }
}

Field	Type	Description
`fills`	array	Array of `[MarketOrder, LimitOrder[]]` pairs for each instrument
`order_id`	string	References the original RFQ request ID
`response_id`	string	Unique identifier for this specific response
`taker`	string	Taker account address
`maker`	string	Maker account address

Each limit order includes: signature, signature_deadline, order_state, filled_amount, creation_timestamp, chain_id, and to_be_filled.

Multi-instrument responses enable atomic execution of complex option strategies.

See EIP-712 Signatures Guide for signature details.

Event: rfq_cancel_response

Emitted when a market maker cancels a previously posted RFQ response.

{
  "kind": "event",
  "type": "rfq_cancel_response",
  "timestamp_ms": 1751468300000,
  "data": {
    "fills": [],
    "order_id": "863509b1a865fa3f502a9f6784122dd7",
    "taker": "0x1234567890AbcdEF1234567890aBcdef12345678",
    "maker": "0x0987654321098765432109876543210987654321",
    "response_id": "dc937919bb5dac8f50a82ecb16a01719"
  },
  "subscription": {
    "channel": "rfq",
    "query": {}
  }
}

Field	Type	Description
`fills`	array	Empty array for cancelled responses
`order_id`	string	References the original RFQ request ID
`response_id`	string	Unique identifier of the cancelled response

Cancellation removes the response from the orderbook, preventing execution. Only the maker who posted the response can cancel it.

Related channels

Channel	Why
Trade	When an RFQ response is accepted and executed, trade events deliver fill details (fees, index price, IV).
Position	RFQ fills create or modify positions. Multi-leg strategies update multiple positions simultaneously.
Orderbook Events	Accepted RFQ responses post limit orders to the book. Order lifecycle events appear on the orderbook channel.

rfq Channel

Subscribe

Event: rfq_request

Event: rfq_post_response

Event: rfq_cancel_response

Related channels