Orderbook

Immutable's Global Orderbook facilitates listing and exchange of digital assets across marketplaces at scale. It can be used by:

• Content creators (ie. game studios)
• Asset buyers and sellers (ie. game players, investors)
• Marketplaces (listing and trade aggregator, exchange facilitator)
• Our Orderbook is designed to enforce protection for content originators to accrue royalty fees for their assets.

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Features

Feature	Use-cases
Get orders	Get listings from a collection, or details of a specific listing
Create orders - listings	A seller can list an NFT for sale at a fixed price. Creating an listing supports ERC2981 royalty info checks to enforce that the required royalties are paid by the buyer on settlement. Listing creation also ensures that the seller has required approvals in place and that they own the NFT they are trying to sell.
Bids	A buyer can indicate to the community an intent to buy an asset for a maximum price. Creating a bid supports ERC2981 royalty info checks to enforce that the required royalties are paid by the buyer on settlement.
Fill orders	A buyer can buy NFT at the listed price. This supports checking and granting ERC20 allowances to complete the purchase of a single NFT. This includes royalty enforcement check.
Cancel orders	A seller can cancel existing active orders (per order, or all of their orders) to ensure they can never be fulfilled on-chain.

Explainers

Explainer	Summary
Fees	Explain how fees are constructed in the orderbook
Order statuses	Explain how different order statuses work