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_post_request

Emitted when a new RFQ request is created (this event was previously named rfq_request). RFQ requests can contain multiple instruments to create option combinations.

{
  "kind": "event",
  "type": "rfq_post_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_cancel_request

Emitted when a taker cancels their own RFQ request (for example via DELETE /rfq/request). The payload mirrors rfq_post_request.

{
  "kind": "event",
  "type": "rfq_cancel_request",
  "timestamp_ms": 1751468300000,
  "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 that cancelled the request
`order_id`	string	32-character hex identifier of the cancelled RFQ request

This event belongs to the request subscription type (alongside rfq_post_request).

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.

Event: rfq_fill_response

Emitted when a taker fills a maker's RFQ response (via POST /rfq/fill). The payload mirrors rfq_post_response (the response that was filled).

{
  "kind": "event",
  "type": "rfq_fill_response",
  "timestamp_ms": 1751468400000,
  "data": {
    "fills": [
      [
        {
          "direction": "buy",
          "instrument_name": "BTC_USDC-31OCT25-130000-C",
          "contracts": 25
        },
        [
          {
            "direction": "sell",
            "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": "filled",
            "filled_amount": 25,
            "filled_contracts": 25,
            "creation_timestamp": 1751468277,
            "chain_id": 421614
          }
        ]
      ]
    ],
    "order_id": "863509b1a865fa3f502a9f6784122dd7",
    "taker": "0x1234567890AbcdEF1234567890aBcdef12345678",
    "maker": "0x0987654321098765432109876543210987654321",
    "response_id": "dc937919bb5dac8f50a82ecb16a01719"
  },
  "subscription": {
    "channel": "rfq",
    "query": {}
  }
}

Field	Type	Description
`fills`	array	The filled response's `[MarketOrder, LimitOrder[]]` pairs
`order_id`	string	References the original RFQ request ID
`response_id`	string	Identifier of the filled response
`taker`	string	Taker account address
`maker`	string	Maker account address

This event belongs to the response subscription type (alongside rfq_post_response and rfq_cancel_response). Once filled, execution details (fees, index price, IV) are delivered on the Trade channel.

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.