📈Perpetual Trading

Order Matching Mechanism

Astros employs a Price-Time Priority system, utilizing a First-In-First-Out (FIFO) methodology for matching orders.

Matching Criteria:

Orders are matched when either of the following conditions is met:

  • A buy (bid) order price is equal to or higher than the best available sell (ask) order price.

  • A sell (ask) order price is equal to or lower than the best available buy (bid) order price.

  • A market order is submitted, and opposing limit orders already exist in the order book.

In all cases, orders with earlier timestamps receive priority at the same price level.

PreviousTradingNextFunding

Last updated