Ondo Stocks Limit Orders

Ondo stocks can be bought or sold using the GMLimitOrder contracts.

Purpose

Attestations have 30 second expirations on Ethereum mainnet and 15 seconds on Binance Smart chain. Using wallets from custody providers may make ensuring transaction submission difficult depending on how fast custody providers process transactions. The limit order contracts allow users to avoid the challenging time limit by submitting orders on-chain with a limit price, and Ondo will fulfill the order on behalf of the user through the normal attestation process. The contract enforces that an order will always be fulfilled at or better than the user’s set limit price.

Creating Limit Orders

Use the GMLimitOrder contract. The functions for creating orders are:

Function	Signature	Parameters
`createBuyOrderExactIn`	`createBuyOrderExactIn(address,address,uint256,uint256,uint256)`	gmToken (address), quoteToken (address), quoteAmount (uint256), limitPrice (uint256), expiry (uint256)
`createBuyOrderExactOut`	`createBuyOrderExactOut(address,address,uint256,uint256,uint256)`	gmToken (address), quoteToken (address), gmAmount (uint256), limitPrice (uint256), expiry (uint256)
`createSellOrderExactIn`	`createSellOrderExactIn(address,address,uint256,uint256,uint256)`	gmToken (address), quoteToken (address), gmAmount (uint256), limitPrice (uint256), expiry (uint256)
`createSellOrderExactOut`	`createSellOrderExactOut(address,address,uint256,uint256,uint256)`	gmToken (address), quoteToken (address), quoteAmount (uint256), limitPrice (uint256), expiry (uint256)

ExactIn functions specify the amount of input tokens to spend, ExactOut functions specify the amount of output tokens to receive.

Canceling Orders

Function	Signature	Parameters
`cancelOrder`	`cancelOrder(uint256)`	orderId (uint256)

Order Status

Function	Signature	Parameters
`orders`	`orders(uint256)`	orderId (uint256)
`isOrderActive`	`isOrderActive(uint256)`	orderId (uint256)
`isOrderExecuted`	`isOrderExecuted(uint256)`	orderId (uint256)

Events

Newly created orders:

event OrderCreated(
    uint256 indexed orderId,
    address indexed user,
    address indexed gmToken
  );

Order execution:

event OrderExecuted(
    uint256 indexed orderId,
    address indexed executor,
    IGMTokenManager.QuoteSide side,
    uint256 attestationId,
    uint256 gmQuantity,
    uint256 quoteTokenAmount
  );

Order cancellation: event OrderCancelled(uint256 indexed orderId, address indexed cancelledBy);

Contract Addresses

GMLimitOrder Ethereum: 0xf0Bc39Fc911F6437C84d16188dD8294F7110f451 GMLimitOrder BNB: 0xA2aA93cbB069B4BF246258E4D9cD093B914DcDFE

FAQ

Q: Are my account rate limits affected by submitting limit orders?
A: No. Because the attestation API is not required in this flow, your account rate limits are not affected. Q: Can I submit limit orders on Solana?
A: Currently, the limit order contracts are deployed on Ethereum and BNB only. Q: What addresses can submit limit orders?
A: Onboarded, AllowListed wallets only can submit limit orders. Q: Does submitting limit orders affect my session limits?
A: Limit orders do not require an attestation at the time of submission, so submitting orders does not affect your session limits. Q: What is the maximum duration I can set an order to have?
A: Query the GMLimitOrder function maxOrderDuration to see the current maximum order duration.

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Ondo Stocks Limit Orders

Purpose

Creating Limit Orders

Canceling Orders

Order Status

Events

Contract Addresses

FAQ

​Purpose

​Creating Limit Orders

​Canceling Orders

​Order Status

​Events

​Contract Addresses

​FAQ

Purpose

Creating Limit Orders

Canceling Orders

Order Status

Events

Contract Addresses

FAQ