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Developers
  • Introduction
    • Overview
  • Products
    • AMM
      • Trading Pool
    • DAMM
    • Orderbook
      • Understanding the Orderbook
    • Launchpad
  • ALEX Contracts
    • Stacks
      • amm-pool-v2-01.clar
      • amm-registry-v2-01.clar
      • amm-vault-v2-01.clar
      • farming-campaign-v2-02.clar
      • amm-pool-v3.clar
      • self-listing-helper-v3a.clar
    • ALEX DAO
    • Security Audits
  • Integrations
    • REST API
    • Networks
      • Mainnet
      • Testnet
  • Resources
    • Whitepapers
      • Automated Market Making of Trading Pool
      • Automated Market Making of Yield Token Pool
      • Automated Market Making of Collateral Rebalancing Pool
      • Dive Into Collateral Rebalancing Pool!
      • Discrete Automated Market Maker
    • Bonbori Consensus Model
    • Bug Bounties
  • Partners
    • Brotocol
    • LISA
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  1. Products
  2. Orderbook

Understanding the Orderbook

Orderbook uses a hybrid on-chain/off-chain design, whereby a commitment to buy or sell certain asset is communicated in a cryptographically signed message, which is then matched by an off-chain matching engine before settling on-chain.

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