Aggregation & Routing
RFQ (Request for Quote)
A trading model where market makers respond to a user's quote request with a firm price.
By Protocol Signal Research · Research Desk
RFQ adds professional market-maker liquidity to swap aggregators: instead of (or alongside) on-chain pools, off-chain market makers respond with a signed price the user can accept. RFQ wins on tight spreads for majors and at size.