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  1. Modules
  2. Governance
  3. Governance Adjustable Parameters

CLOB

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Last updated 7 months ago

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Clob Pair

represents a Perpetual, Spot or a given product in the state. Each clob pair has the following parameters:

Title

Definitions

id

ID of the orderbook that stores all resting liquidity for this CLOB.

status

Status of the CLOB, which could be any of the following:

  1. STATUS_UNSPECIFIED: Default value. This value is invalid and unused.

  2. STATUS_ACTIVE: this represents an active clob pair.

  3. STATUS_PAUSED: this represents a clob pair that is paused until further notice.

  4. STATUS_CANCEL_ONLY: clob pairs in this state only accept cancellations.

  5. STATUS_POST_ONLY: clob pairs in this state only accept orders which are post-only.

  6. STATUS_INITIALIZING: this represents a newly-added clob pair. Clob pairs in this state only accept orders which are both short-term and post-only.

perpetual_clob_metadata

Product-specific metadata.

step_base_quantums

Minimum increment in the size of orders on the CLOB, in base quantums.

subticks_per_tick

This parameter defines the tick size of the orderbook by defining how many subticks are in one tick, i.e. the subticks of any valid order must be a multiple of this value.

quantum_conversion_exponent

10^Exponent gives the number of QuoteQuantums traded per BaseQuantum per Subtick.

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Clob pair