Native Documentation
  • introduction
    • What is Native
    • About Native V2
    • Benefits for Key Players
  • SOLUTION
    • Native Credit Pool
    • Native Swap Engine
  • CONCEPTS
    • Orderbook
    • Firm Quote Orders
    • Auto Sign Orders
    • Swap Fees
    • Slippage
    • Base and Listed Assets
    • Single-Sided Liquidity Pools
    • Total Available Liquidity
    • Liquidity Pairing
    • Liquidity Bootstrapping
    • Health Ratio
    • Earning Fees and Incentives
    • Credit-Based Swap
      • Collateral Factor
      • PMM Credit
      • Settlement and Liquidation
    • Market-Responsive Pricing
    • Risks
  • USER GUIDE
    • Add Liquidity
    • Pair Liquidity
    • Claim Rewards
    • Swap with Native
  • Build with Native
    • Swap Aggregators
      • Guide
      • FirmQuote Swap APIs
        • GET Orderbook
        • GET Indicative quote
        • GET Firm quote
    • Asset Issuers
      • For Pegged Assets
      • For General Assets
  • Resources
    • Addresses
    • Audits
    • Github
    • System Status
    • Business Source License
    • Media Kit
Powered by GitBook
On this page
  • The Swap Process
  • Key Considerations
  1. CONCEPTS

Auto Sign Orders

PreviousFirm Quote OrdersNextSwap Fees

Last updated 4 months ago

Native V2 introduces auto sign orders, providing lower latency and higher success rates for swaps.

The Swap Process

  1. Swappers query the /orderbook endpoint to gather pricing and depth information.

  2. Swappers submit the swap order to the auto-sign endpoint with parameters such as the amount, token addresses, and the required permit2 signature for the Native Swap Engine.

  3. The Native Executor Network verifies, signs, and executes the swap order on-chain, ensuring enhanced speed and success rates.

  4. Swappers can monitor the order status and retrieve the final on-chain transaction ID via API endpoints.

Key Considerations

  • Auto-sign orders benefit from significantly lower latency and a higher success rate due to improved inventory and swap state control.

  • Slippage is automatically implemented to increase success rates. If the liquidity at the most recent orderbook levels becomes unavailable, the Native Swap Engine will use the next available levels, provided the execution price remains within the defined slippage parameters.

  • Gas fees are included in the quote and charged in the input token. For example, swapping USDT to ETH will result in gas fees being deducted in USDT.