Paddle Finance
  • Introduction
  • Liquidity Solution
    • Basket Collateral
    • Collateral Loan
      • Peer-To-Peer Lending
      • Crowd Lending
      • Pool Lending
    • OTC Exchange
    • Parameters
  • Paddle Battle
    • Mechanics
    • Revenue
    • Referral System
  • Governance
    • PADDenomics
    • About PADD
    • PADD Reward
    • Fee Collection & Distribution
  • User Guide
    • Borrower
    • Lender
  • OTC Trade
  • API Documentation
    • API Guide
    • Loan Endpoints
    • OTC Endpoints
    • REST Endpoints
    • Tutorials
      • Source
      • Parameter Explanation
      • Loan - Create order
      • Loan - Cancel Order
      • Loan - Lend
      • Loan - Repayment
      • Loan - Liquidate
      • OTC - Create OTC Order
      • OTC - Cancel Order
      • OTC - Take Order
  • Links
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    • dApp (Mainnet)
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On this page
  • Propose an OTC trade
  • Cancel the order
  • Take an OTC trade
  • Notes

OTC Trade

Note: The assets displayed in the screenshots are for illustrative purposes only.

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Last updated 21 days ago

Propose an OTC trade

Create an OTC order by selecting the asset you want to receive (top) and the asset you are offering (bottom).

Select the assets you want to receive and the assets you are offering. You can include any assets in the order as long as the assets you are offering are available in your wallet.

Set the quantity/ID for the assets you are offering and requesting. Authorize the assets you are offering, choose the trade recipient (open to all or a specific address), set the order expiration time, and then submit the order and confirm in your wallet.

Once your order is live on the OTC marketplace, you can share it with anyone or directly with the counterparty you’ve already agreed with.

Ensure that your assets are available in your wallet; otherwise, your counterparty will be unable to complete the trade.

Cancel the order

To cancel an order, you can do so through this option.

Take an OTC trade

Find the trade that you want to accept, authorize the assets you have been requested, initiate the transaction, and complete the trade.

If you're unable to take the trade or notice unusually high gas fees, it likely means the assets offered by the order maker are no longer in their wallet. Avoid paying excessive gas fees to force the transaction.

Notes

  1. This is a non-custodial OTC marketplace, meaning the maker's assets remain in their wallet and are not held by our smart contract. The trade is only executed when the taker provides the requested assets and completes the transaction.

  2. If the gas fee is extremely high when taking the trades, it means that the assets offered by the order maker are no longer in their wallet. Avoid paying excessive gas fees to force the transaction.