The Limit Order Protocol provides users with options to place both Limit orders and Request For Quote (RFQ) orders. Select the appropriate order type based on your specific needs.
|Criteria||Limit Order||RFQ Order|
|Suitable for||Traders||Market Makers|
|Flexibility of features||High; includes Order predicates, callbacks. Details||Limited due to gas optimization; Supports expiration time, partial fills (once), and cancellation by ID. Details|
|Execution||Uses Pathfinder algorithm for liquidity.||Exposed via API; requires quote requests; optimized for one-time fills.|
|Key Characteristics||Offers at a fixed price (0 slippage); various trading features/tools can be built.||Mirrors "request for quotation"; designed for market makers and gas efficiency.|
Both order types support ERC20, ERC721, and ERC1155 tokens. Other token standards might be supported in the future.
Further Reading: Explore Limit Order and RFQ Order here.