Backend
Order State
The Backend-owned lifecycle for accepted, matched, cancelled, and expired Orders.
Open
Open Orders have been accepted into the Order Book and still hold Reserved Collateral.
Terminal states
- Matched
- The Order participated in a Trade and no longer represents open intent.
- Cancelled
- The owner cancelled the Order before it matched and Reserved Collateral was released.
- Expired
- The expiration time passed before matching and Reserved Collateral was released.
Fills
In the MVP, fill-or-none means a filled Order has one full Fill rather than many partial Fills.