XDCTrade

OTC

OTC · RFQBlock trade desk · oracle ± spread

Request for Quote

Get a deterministic quote at the latest oracle mark price ± a spread that scales with size. Designed for block trades where slippage on the central order book would eat your edge.

Preview. RFQ + accept work end-to-end and quotes are recorded for the OTC desk — but accepted quotes do not yet route into the perp matching engine. They are a measured demand pipeline and will become real fills once OTC settlement ships. Use the trade page if you need live perp execution today, and use this page to indicate block-trade demand.

Spread schedule

basis points · per side
≥ $500k
10 bps
≥ $100k
14 bps
≥ $25k
18 bps
< $25k
25 bps

New RFQ

USD

Minimum: $1,000 · Recommended: $50,000+

Active Quotes

Connect a wallet to request and accept quotes.

How OTC works here

  1. Submit an RFQ for a market and size — you get a quote in milliseconds at oracle ± the spread for your size tier.
  2. Quotes live for 30 seconds. Accept to lock the price; cancel to discard.
  3. Today an accepted quote is recorded as block-trade demand for the OTC desk. Once on-chain OTC settlement ships, the same accept will atomically transfer collateral and book the position.
  4. Spread tightens as size grows because larger blocks justify more attention from the desk and amortise inventory cost across more notional.