0x protocol 3.0 specification

Architecture

0x protocol uses an approach we refer to as off-chain order relay with on-chain settlement. In this approach, cryptographically signed orders are broadcast off of the blockchain through any arbitrary communication channel; an interested counterparty may inject one or more of these orders into 0x protocol's Exchange contract to execute and settle trades directly to the blockchain.

0x uses a modular system of Ethereum smart contracts which allows each component of the system to be upgraded via governance without affecting other components of the system and without causing active markets to be disrupted.

Contracts

Exchange

The Exchange contract contains the bulk of the business logic within 0x protocol. It is the entry point for:

Filling orders
Canceling orders
Executing transactions
Validating signatures
Registering new AssetProxy contracts into the system
Paying protocol fees to the Staking contract
Setting protocol fee specific parameters

AssetProxy

The AssetProxy contracts are responsible for:

Decoding asset specific metadata contained within an order
Performing the actual asset transfer
Authorizing/unauthorizing contract addresses from calling the transfer methods on this AssetProxy

In order to opt-in to using 0x protocol, users must typically approve an asset's associated AssetProxy to transfer the asset on their behalf.

All AssetProxy contracts have the following minimum interface:

contract IAssetProxy {

    /// @dev Transfers assets. Either succeeds or throws.
    /// @param assetData Byte array encoded for the respective asset proxy.
    /// @param from Address to transfer asset from.
    /// @param to Address to transfer asset to.
    /// @param amount Amount of asset to transfer.
    function transferFrom(
        bytes assetData,
        address from,
        address to,
        uint256 amount
    )
        external;

    /// @dev Gets the proxy id associated with the proxy address.
    /// @return Proxy id.
    function getProxyId()
        external
        view
        returns (uint8);
}

Currently, the protocol includes the following AssetProxy contracts:

ERC20Proxy
ERC721Proxy
ERC1155Proxy
MultiAssetProxy
StaticCallProxy
ERC20BridgeProxy

ZeroExGovernor

The ZeroExGovernor is a time-locked multi-signature wallet that has permission to perform administrative functions within the protocol. For specific information on its authorized functionality, please refer to the ZeroExGovernor specification.

Staking

Please refer to the Staking specification for details on how the staking system is used within the protocol.

Contract Interactions

The diagrams provided below demonstrate interactions between various 0x smart contracts that make up the system. The arrow represents execution context within the EVM as a transaction is processed. Execution context is passed from the originating Ethereum account (circle) and between 0x's Ethereum smart contracts (rectangles) as they make external function calls into each other. Arrows are directed from the caller to the callee. Pseudocode is provided alongside each diagram to demonstrate what is happening at each step in the sequence of external function calls that occur during a given transaction.

Trade settlement

A trade is initiated when an order is passed into the Exchange contract. If the order is valid, the Exchange contract will attempt to settle each leg of the trade by calling into the appropriate AssetProxy contract for each asset being exchanged. Each AssetProxy accepts and processes a payload of asset metadata and initiates a transfer. To simplify the trade settlement diagrams below, we assume that the orders being settled have zero fees.

ERC20 <> ERC20

Transaction #1

Exchange.fillOrder(order, value)
ERC20Proxy.transferFrom(assetData, from, to, value)
ERC20Token(assetData.address).transferFrom(from, to, value)
ERC20Token: (revert on failure)
ERC20Proxy: (revert on failure)
ERC20Proxy.transferFrom(assetData, from, to, value)
ERC20Token(assetData.address).transferFrom(from, to, value)
ERC20Token: (revert on failure)
ERC20Proxy: (revert on failure)
Exchange: (return FillResults)

ERC20 <> ERC721

Transaction #1

Exchange.fillOrder(order, value)
ERC721Proxy.transferFrom(assetData, from, to, value)
ERC721Token(assetData.address).transferFrom(from, to, assetData.tokenId)
ERC721Token: (revert on failure)
ERC721Proxy: (revert on failure)
ERC20Proxy.transferFrom(assetData, from, to, value)
ERC20Token(assetData.address).transferFrom(from, to, value)
ERC20Token: (revert on failure)
ERC20Proxy: (revert on failure)
Exchange: (return FillResults)

Protocol fees

Every individual fill executed through the Exchange contract charges a protocol fee to the taker that is used to incentivize liquidity provision in the system.

A detailed paper explaining the economics of protocol fees in 0x protocol can be found here. The Staking specification also provides details on specific smart contract interactions and reward calculations within the system.

Calculating the protocol fee

The protocol fee can be calculated with tx.gasprice * protocolFeeMultiplier, where the protocolFeeMultiplier is an upgradable value meant to target a percentage of the gas used for filling a single order. The suggested initial value for the protocolFeeMultiplier is 150000, which is roughly equal to the average gas cost of filling a single order (thereby doubling the net average cost).

Protocol fee denomination

The protocol fee can be paid in either ETH or its WETH equivalent (denominated in wei). If it is not provided as value included in the message call, the Staking contract will attempt to transfer WETH from the taker's address to cover the fee instead. The Exchange contract assumes that the fee was correctly paid if the Staking contract's payProtocolFee function did not revert.

Orders

Order message format

An order message consists of the following parameters:

Parameter	Type	Description
makerAddress	address	Address that created the order.
takerAddress	address	Address that is allowed to fill the order. If set to 0, any address is allowed to fill the order.
feeRecipientAddress	address	Address that will receive fees when order is filled.
senderAddress	address	Address that is allowed to call Exchange contract methods that affect this order. If set to 0, any address is allowed to call these methods.
makerAssetAmount	uint256	Amount of makerAsset being offered by maker. Must be greater than 0.
takerAssetAmount	uint256	Amount of takerAsset being bid on by maker. Must be greater than 0.
makerFee	uint256	Amount of makerFeeAsset paid to feeRecipient by maker when order is filled. If set to 0, no fee payment to feeRecipient will be attempted.
takerFee	uint256	Amount of takerFeeAsset paid to feeRecipient by taker when order is filled. If set to 0, no fee payment feeRecipient will be attempted.
expirationTimeSeconds	uint256	Timestamp in seconds at which order expires.
salt	uint256	Arbitrary number to facilitate uniqueness of the order's hash.
makerAssetData	bytes	ABIv2 encoded data that can be decoded by a specified proxy contract when transferring makerAsset.
takerAssetData	bytes	ABIv2 encoded data that can be decoded by a specified proxy contract when transferring takerAsset.
makerFeeAssetData	bytes	ABIv2 encoded data that can be decoded by a specified proxy contract when transferring makerFeeAsset.
takerFeeAssetData	bytes	ABIv2 encoded data that can be decoded by a specified proxy contract when transferring takerFeeAsset.

senderAddress

If the senderAddress of an order is not set to 0, only that address may call Exchange contract methods that affect that order. In other words, the senderAddress must be the msg.sender of the call in order to fill or cancel these orders. If the senderAddress is set to a contract, that contract must enable any functions that it wishes to use in combination with the order (including cancellations). The contract can do so by explicitly calling the relevant Exchange functions, by calling executeTransaction, or by calling batchExecuteTransactions.

salt

An order's salt parameter has two main usecases:

To ensure uniqueness within an order's hash.
To be used in combination with cancelOrdersUpTo. When creating an order, the salt value should be equal to the value of the current timestamp in milliseconds. This allows maker to create 1000 orders with the same parameters per second. Note that although this is part of the protocol specification, there is currently no way to enforce this usage and salt values should not be relied upon as a source of truth.

assetData

The makerAssetData and takerAssetData fields of an order contain information specific to that asset. These fields are encoded using ABIv2 with a 4 byte id that references the proxy that is intended to decode the data. See the AssetProxy specifications for the exact expected encoding of the assetData fields that correspond to each AssetProxy contract.

Hashing an order

The hash of an order is used as a unique identifier of that order. An order is hashed according to the EIP-712 specification. See the EIP-712 Usage section for information on how to calculate the required domain separator for hashing an order.

// EIP191 header for EIP712 prefix
string constant internal EIP191_HEADER = "\x19\x01";

// 0xf80322eb8376aafb64eadf8f0d7623f22130fd9491a221e902b713cb984a7534
bytes32 constant EIP712_ORDER_SCHEMA_HASH = keccak256(abi.encodePacked(
    "Order(",
    "address makerAddress,",
    "address takerAddress,",
    "address feeRecipientAddress,",
    "address senderAddress,",
    "uint256 makerAssetAmount,",
    "uint256 takerAssetAmount,",
    "uint256 makerFee,",
    "uint256 takerFee,",
    "uint256 expirationTimeSeconds,",
    "uint256 salt,",
    "bytes makerAssetData,",
    "bytes takerAssetData,",
    "bytes makerFeeAssetData,",
    "bytes takerFeeAssetData",
    ")"
));

bytes32 orderStructHash = keccak256(abi.encodePacked(
    EIP712_ORDER_SCHEMA_HASH,
    uint256(order.makerAddress),
    uint256(order.takerAddress),
    uint256(order.feeRecipientAddress),
    uint256(order.senderAddress),
    order.makerAssetAmount,
    order.takerAssetAmount,
    order.makerFee,
    order.takerFee,
    order.expirationTimeSeconds,
    order.salt,
    keccak256(order.makerAssetData),
    keccak256(order.takerAssetData),
    keccak256(order.makerFeeAssetData),
    keccak256(order.takerFeeAssetData)
));

bytes32 orderHash = keccak256(abi.encodePacked(
    EIP191_HEADER,
    EIP712_EXCHANGE_DOMAIN_HASH,
    orderStructHash
));

Creating an order

An order may only be filled if it can be paired with an associated valid signature. An order's hash must be signed with a supported signature type.

Filling orders

Orders can be filled by calling the following methods on the Exchange contract. Note that a protocol fee is charged for each individual fill.

fillOrder

This is the most basic way to fill an order. All of the other methods call fillOrder under the hood with additional logic. This function will attempt to fill the amount specified by the caller. However, if the remaining fillable amount is less than the amount specified, the remaining amount will be filled. Partial fills are allowed when filling orders.

/// @dev Fills the input order.
/// @param order Order struct containing order specifications.
/// @param takerAssetFillAmount Desired amount of takerAsset to sell.
/// @param signature Proof that order has been created by maker.
/// @return Amounts filled and fees paid by maker and taker.
function fillOrder(
    LibOrder.Order memory order,
    uint256 takerAssetFillAmount,
    bytes memory signature
)
    public
    payable
    returns (LibFillResults.FillResults memory fillResults);

Logic

Calling fillOrder will perform the following steps:

Query the state and status of the order
Revert if the order is unfillable (invalid context, expired, cancelled, fully filled, invalid signature)
Calculate the FillResults using the minimum of the takerAssetFillAmount and the remaining fillable amount of the order
Update the state of the order and log a Fill event
Transfer fillResults.takerAssetFilledAmount of takerAsset from the taker to the maker
Transfer fillResults.makerAssetFilledAmount of the makerAsset from the maker to the taker
Transfer fillResults.takerFeePaid of the takerFeeAsset from the taker to the fee recipient
Transfer fillResults.makerFeePaid of the makerFeeAsset from the maker to the fee recipient
Pay a protocol fee from the taker to the Staking contract and attribute the fee to the maker
Refund any unused value (ETH) that was sent with the message call (note: this step will be disabled when called by any functions that wrap fillOrder)

Note that the ordering of transfers matters because intermediate balances may be used for later transfers.

Errors

fillOrder may revert with any of the following errors, in addition to any errors specified in the validating signatures section.

Error	Condition
IllegalReentrancyError	Reentrancy is attempted
OrderStatusError	The order is expired, cancelled, fully filled, or malformed
ExchangeInvalidContextError	`msg.sender` is not equal to `order.senderAddress` or taker of the fill is not equal to `order.takerAddress`, if either are specified
SignatureError	Signature validation returned false
AssetProxyDispatchError	An `AssetProxy` is not specified or does not exist an `assetData` field in the order
AssetProxyTransferError	The `assetProxy.transferFrom` call was unsuccessful
RoundingError	Calculating the `makerAssetFilledAmount`, `makerFeePaid`, or `takerFeePaid` resulted in a rounding error >= 0.1%
Uint256BinOpError	Multiplication resulted in an overflow when calculating the `makerAssetFilledAmount`, `makerFeePaid`, `takerFeePaid`, or `protocolFeePaid`
PayProtocolFeeError	The protocol fee payment was unsuccessful

fillOrKillOrder

fillOrKillOrder can be used to fill an order while guaranteeing that the specified amount will either be filled or the call will revert.

/// @dev Fills the input order. Reverts if exact takerAssetFillAmount not filled.
/// @param order Order struct containing order specifications.
/// @param takerAssetFillAmount Desired amount of takerAsset to sell.
/// @param signature Proof that order has been created by maker.
function fillOrKillOrder(
    LibOrder.Order memory order,
    uint256 takerAssetFillAmount,
    bytes memory signature
)
    public
    payable
    returns (LibFillResults.FillResults memory fillResults);

Logic

Calling fillOrKillOrder will perform the following steps:

Call fillOrder with the passed in inputs
Revert if fillResults.takerAssetFillAmount does not equal the passed in takerAssetFillAmount
Refund any unused value (ETH) that was sent with the message call

Errors

fillOrKillOrder may revert with any of the following errors, in addition to any errors specified in the fillOrder section.

Error	Condition
IncompleteFillError	The amount of `takerAsset` filled did not match the amount attempted fill amount

batchFillOrders

batchFillOrders can be used to fill multiple orders in a single transaction.

/// @dev Executes multiple calls of fillOrder.
/// @param orders Array of order specifications.
/// @param takerAssetFillAmounts Array of desired amounts of takerAsset to sell in orders.
/// @param signatures Proofs that orders have been created by makers.
/// @return Array of amounts filled and fees paid by makers and taker.
function batchFillOrders(
    LibOrder.Order[] memory orders,
    uint256[] memory takerAssetFillAmounts,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults[] memory fillResults);

Logic

Calling batchFillOrders will perform the following steps:

Sequentially call fillOrder for each element of orders, passing in the order, fill amount, and signature at the same index
Refund any unused value (ETH) that was sent with the message call

Errors

batchFillOrKillOrders may revert with any errors specified in the fillOrder section.

batchFillOrKillOrders

batchFillOrKillOrders can be used to fill multiple orders in a single transaction while guaranteeing that the specified amounts will either be filled or the call will revert.

/// @dev Executes multiple calls of fillOrKill.
/// @param orders Array of order specifications.
/// @param takerAssetFillAmounts Array of desired amounts of takerAsset to sell in orders.
/// @param signatures Proofs that orders have been created by makers.
/// @return Array of amounts filled and fees paid by makers and taker.
function batchFillOrKillOrders(
    LibOrder.Order[] memory orders,
    uint256[] memory takerAssetFillAmounts,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults[] memory fillResults);

Logic

Calling batchFillOrKillOrders will perform the following steps:

Sequentially call fillOrKillOrder for each element of orders, passing in the order, fill amount, and signature at the same index
Refund any unused value (ETH) that was sent with the message call

Errors

batchFillOrKillOrders may revert with any errors specified in the fillOrKillOrder section.

batchFillOrdersNoThrow

batchFillOrdersNoThrow can be used to fill multiple orders in a single transaction while guaranteeing that no individual fill throws an error (which would typically cause the entire function call to fail).

/// @dev Executes multiple calls of fillOrder. If any fill reverts, the error is caught and ignored.
/// @param orders Array of order specifications.
/// @param takerAssetFillAmounts Array of desired amounts of takerAsset to sell in orders.
/// @param signatures Proofs that orders have been created by makers.
/// @return Array of amounts filled and fees paid by makers and taker.
function batchFillOrdersNoThrow(
    LibOrder.Order[] memory orders,
    uint256[] memory takerAssetFillAmounts,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults[] memory fillResults);

Logic

Calling batchFillOrdersNoThrow will perform the following steps:

For each element of orders:
1. Call fillOrder, passing in the order, fill amount, and signature at the same index
2. If the fillOrder call reverts, return an empty fillResults instead
Refund any unused value (ETH) that was sent with the message call

Errors

batchFillOrdersNoThrow will never revert with an error under normal conditions (the Ethereum transaction is encoded properly and has enough gas to execute).

marketSellOrdersNoThrow

marketSellOrderNoThrow can be used to sell a specified amount of an asset by filling multiple orders while guaranteeing that no individual fill throws an error. Note that this function does not enforce that the asset being sold is the same in each order, as there may be cases where filling multiple similar assets is desired (i.e with stablecoins of equivalent value). The input orders should typically be sorted from best to worst price.

/// @dev Executes multiple calls of fillOrder until total amount of takerAsset is sold by taker.
///      If any fill reverts, the error is caught and ignored.
///      NOTE: This function does not enforce that the takerAsset is the same for each order.
/// @param orders Array of order specifications.
/// @param takerAssetFillAmount Desired amount of takerAsset to sell.
/// @param signatures Proofs that orders have been signed by makers.
/// @return Amounts filled and fees paid by makers and taker.
function marketSellOrdersNoThrow(
    LibOrder.Order[] memory orders,
    uint256 takerAssetFillAmount,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults memory fillResults);

Logic

Calling marketSellOrdersNoThrow will perform the following steps:

For each element of orders:
1. Calculate the remainingTakerAssetFillAmount that has yet to be filled
2. Call fillOrder, passing in the order, the remainingTakerAssetFillAmount, and the signature at the same index
3. If the fillOrder call reverts, return an empty fillResults instead
4. Add the returned fillResults to the total fillResults
5. Exit the loop if the total takerAssetFilledAmount is greater than or equal to the takerAssetFillAmount specified as an input
Refund any unused value (ETH) that was sent with the message call

Errors

marketSellOrdersNoThrow can only revert with an error under one rare condition:

Error	Condition
Uint256BinOpError	The addition of `fillResults` from each fill resulted in an overflow

marketBuyOrdersNoThrow

marketBuyOrdersNoThrow can be used to purchase a specified amount of an asset by filling multiple orders while guaranteeing that no individual fill throws an error. Note that this function does not enforce that the asset being purchased is the same in each order, as there may be cases where filling multiple similar assets is desired (i.e with stablecoins of equivalent value). The input orders should typically be sorted from best to worst price.

/// @dev Executes multiple calls of fillOrder until total amount of makerAsset is bought by taker.
///      If any fill reverts, the error is caught and ignored.
///      NOTE: This function does not enforce that the makerAsset is the same for each order.
/// @param orders Array of order specifications.
/// @param makerAssetFillAmount Desired amount of makerAsset to buy.
/// @param signatures Proofs that orders have been signed by makers.
/// @return Amounts filled and fees paid by makers and taker.
function marketBuyOrdersNoThrow(
    LibOrder.Order[] memory orders,
    uint256 makerAssetFillAmount,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults memory fillResults);

Logic

Calling marketBuyOrdersNoThrow will perform the following steps:

For each element of orders:
1. Calculate the remainingTakerAssetFillAmount that has yet to be filled
2. Call fillOrder, passing in the order, the remainingTakerAssetFillAmount, and the signature at the same index
3. If the fillOrder call reverts, return aan empty fillResults instead
4. Add the returned fillResults to the total fillResults
5. Exit the loop if the total makerAssetFilledAmount is greater than or equal to the makerAssetFillAmount specified as an input
Refund any unused value (ETH) that was sent with the message call

Errors

marketBuyOrdersNoThrow can only revert with an error under one rare condition:

Error	Condition
Uint256BinOpError	The addition of `fillResults` from each fill resulted in an overflow

marketSellOrdersFillOrKill

marketSellOrdersFillOrKill can be used to sell a specified amount of an asset by filling multiple orders while guaranteeing that no individual fill throws an error. However, if the entire amount is not sold then the call will revert. Note that this function does not enforce that the asset being sold is the same in each order, as there may be cases where filling multiple similar assets is desired (i.e with stablecoins of equivalent value). The input orders should typically be sorted from best to worst price.

/// @dev Calls marketSellOrdersNoThrow then reverts if < takerAssetFillAmount has been sold.
///      NOTE: This function does not enforce that the takerAsset is the same for each order.
/// @param orders Array of order specifications.
/// @param takerAssetFillAmount Minimum amount of takerAsset to sell.
/// @param signatures Proofs that orders have been signed by makers.
/// @return Amounts filled and fees paid by makers and taker.
function marketSellOrdersFillOrKill(
    LibOrder.Order[] memory orders,
    uint256 takerAssetFillAmount,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults memory fillResults);

Logic

Calling marketSellOrdersFillOrKill will perform the following steps:

Call marketSellOrdersNoThrow with the passed in inputs
Revert if fillResults.takerAssetFillAmount does not equal the passed in takerAssetFillAmount

Errors

marketSellOrdersFillOrKill may revert with any of the following errors, in addition to any errors specified in the marketSellOrdersNoThrow section.

Error	Condition
IncompleteFillError	The amount of `takerAsset` filled did not match the amount attempted fill amount

marketBuyOrdersFillOrKill

marketBuyOrdersFillOrKill can be used to purchase a specified amount of an asset by filling multiple orders while guaranteeing that no individual fill throws an error. However, if the entire amount is not purchased then the call will revert. Note that this function does not enforce that the asset being purchased is the same in each order, as there may be cases where filling multiple similar assets is desired (i.e with stablecoins of equivalent value). The input orders should typically be sorted from best to worst price.

/// @dev Calls marketBuyOrdersNoThrow then reverts if < makerAssetFillAmount has been bought.
///      NOTE: This function does not enforce that the makerAsset is the same for each order.
/// @param orders Array of order specifications.
/// @param makerAssetFillAmount Minimum amount of makerAsset to buy.
/// @param signatures Proofs that orders have been signed by makers.
/// @return Amounts filled and fees paid by makers and taker.
function marketBuyOrdersFillOrKill(
    LibOrder.Order[] memory orders,
    uint256 makerAssetFillAmount,
    bytes[] memory signatures
)
    public
    payable
    returns (LibFillResults.FillResults memory fillResults);

Logic

Calling marketBuyOrdersFillOrKill will perform the following steps:

Call marketBuyOrdersNoThrow with the passed in inputs
Revert if fillResults.makerAssetFilledAmount does not equal the passed in makerAssetFilledAmount

Errors

marketBuyOrdersFillOrKill may revert with any of the following errors, in addition to any errors specified in the marketBuyOrdersNoThrow section.

Error	Condition
IncompleteFillError	The amount of `takerAsset` filled did not match the amount attempted fill amount

Matching orders

In some special cases, multiple orders can be simultaneously filled without requiring a taker to hold any assets upfront. We refer to this as "matching" orders, though the end result is the same as if the orders had been filled. Note that a protocol fee is still charged per fill (or twice per match).

2 orders can only be matched together if they satisfy the following properties:

leftOrder.makerAssetData == rightOrder.takerAssetData
leftOrder.takerAssetData == rightOrder.makerAssetData
(leftOrder.makerAssetAmount * rightOrder.makerAssetAmount) >= (leftOrder.takerAssetAmount * rightOrder.takerAssetAmount)

In other words, the 2 orders must represent a bid and an ask for the exactly same asset pair and have a negative spread (or at the same price).

matchOrders

matchOrders can be used to atomically fill 2 orders without requiring the taker to hold any capital. This function is optimized for arbitrageurs in that it maximizes profit rather than maximizing the amount filled in each order. After a successful match, the taker will receive a spread denominated in the makerAsset of the left order only (net of any taker fees or protocol fees).

/// @dev Match two complementary orders that have a profitable spread.
///      Each order is filled at their respective price point. However, the calculations are
///      carried out as though the orders are both being filled at the right order's price point.
///      The profit made by the left order goes to the taker (who matched the two orders).
/// @param leftOrder First order to match.
/// @param rightOrder Second order to match.
/// @param leftSignature Proof that order was created by the left maker.
/// @param rightSignature Proof that order was created by the right maker.
/// @return matchedFillResults Amounts filled and fees paid by maker and taker of matched orders.
function matchOrders(
    LibOrder.Order memory leftOrder,
    LibOrder.Order memory rightOrder,
    bytes memory leftSignature,
    bytes memory rightSignature
)
    public
    payable
    returns (LibFillResults.MatchedFillResults memory matchedFillResults);

Logic

Calling matchOrders will perform the following steps:

Set the makerAssetData of the right order to the takerAssetData of the left order
Set the takerAssetData of the right order to the makerAssetData of the left order
Query the state and status of both orders
Revert if either order is unfillable (invalid context, expired, cancelled, fully filled, invalid signature)
Revert if the orders do not have the same price or a negative spread
Calculate the MatchedFillResults at the price point of the right order
Update the state and log a Fill event for each order
Transfer matchedFillResults.left.takerAssetFilledAmount of the right order's makerAsset from the maker of the right order to the maker of the left order
Transfer matchedFillResults.right.takerAssetFilledAmount of the left order's makerAsset from the maker of the left order to the maker of the right order
Transfer matchedFillResults.right.makerFeePaid of the right order's makerFeeAsset from the maker of the right order to the fee recipient of the right order
Transfer matchedFillResults.left.makerFeePaid of the left order's makerFeeAsset from the maker of the left order to the fee recipient of the left order
Transfer matchedFillResults.profitInLeftMakerAsset of the left order's makerAsset from the left order's maker to the taker
Pay 2 protocol fees from the taker to the Staking contract and attribute the fees to each maker
Transfer matchedFillResults.right.takerFeePaid of the right order's takerFeeAsset from the taker to the right order's fee recipient
Transfer matchedFillResults.left.takerFeePaid of the left order's takerFeeAsset from the taker to the left order's fee recipient (note that this will be combined with the above step in a single transfer if both order's fee recipients are the same)
Refund any unused value (ETH) that was sent with the message call

Note that rounding errors will always be in favor of each order's maker when calculating the fillResults.

Errors

matchOrders may revert with any of the following errors, in addition to any errors specified in the validating signatures section.

Error	Condition
IllegalReentrancyError	Reentrancy is attempted
OrderStatusError	The order is expired, cancelled, fully filled, or malformed
ExchangeInvalidContextError	`msg.sender` is not equal to `order.senderAddress` or taker of the fill is not equal to `order.takerAddress`, if either are specified
SignatureError	Signature validation returned false
NegativeSpreadError	The orders have a positive spread
AssetProxyDispatchError	An `AssetProxy` is not specified or does not exist an `assetData` field in the order
AssetProxyTransferError	The `assetProxy.transferFrom` call was unsuccessful
RoundingError	Calculating the `makerAssetFilledAmount`, `makerFeePaid`, or `takerFeePaid` for either order resulted in a rounding error >= 0.1%
Uint256BinOpError	Multiplication resulted in an overflow when calculating the `makerAssetFilledAmount`, `makerFeePaid`, `takerFeePaid`, or `protocolFeePaid` for either order
PayProtocolFeeError	Either protocol fee payment was unsuccessful

matchOrdersWithMaximalFill

matchOrdersWithMaximalFill is similar in functionality to matchOrders but optimizes for maximizing the amount filled for each order, rather than maximizing profitabiity. After a successful match, the taker will receive a spread denominated in the makerAsset of the each order (if the spreads are non-zero).

/// @dev Match two complementary orders that have a profitable spread.
///      Each order is maximally filled at their respective price point, and
///      the matcher receives a profit denominated in either the left maker asset,
///      right maker asset, or a combination of both.
/// @param leftOrder First order to match.
/// @param rightOrder Second order to match.
/// @param leftSignature Proof that order was created by the left maker.
/// @param rightSignature Proof that order was created by the right maker.
/// @return matchedFillResults Amounts filled by maker and taker of matched orders.
function matchOrdersWithMaximalFill(
    LibOrder.Order memory leftOrder,
    LibOrder.Order memory rightOrder,
    bytes memory leftSignature,
    bytes memory rightSignature
)
    public
    payable
    nonReentrant
    refundFinalBalance
    returns (LibFillResults.MatchedFillResults memory matchedFillResults);

Logic

Calling matchOrdersWithMaximalFill will perform the following steps (differences from matchOrders in bold):

Set the makerAssetData of the right order to the takerAssetData of the left order
Set the takerAssetData of the right order to the makerAssetData of the left order
Query the state and status of both orders
Revert if either order is unfillable (invalid context, expired, cancelled, fully filled, invalid signature)
Revert if the orders do not have the same price or a negative spread
Calculate the MatchedFillResults at the price points of each order
Update the state and log a Fill event for each order
Transfer matchedFillResults.left.takerAssetFilledAmount of the right order's makerAsset from the maker of the right order to the maker of the left order
Transfer matchedFillResults.right.takerAssetFilledAmount of the left order's makerAsset from the maker of the left order to the maker of the right order
Transfer matchedFillResults.right.makerFeePaid of the right order's makerFeeAsset from the maker of the right order to the fee recipient of the right order
Transfer matchedFillResults.left.makerFeePaid of the left order's makerFeeAsset from the maker of the left order to the fee recipient of the left order
Transfer matchedFillResults.profitInLeftMakerAsset of the left order's makerAsset from the left order's maker to the taker
Transfer matchedFillResults.profitInRightMakerAsset of the right order's makerAsset from the right order's maker to the taker
Pay 2 protocol fees from the taker to the Staking contract and attribute the fees to each maker
Transfer matchedFillResults.right.takerFeePaid of the right order's takerFeeAsset from the taker to the right order's fee recipient
Transfer matchedFillResults.left.takerFeePaid of the left order's takerFeeAsset from the taker to the left order's fee recipient (note that this will be combined with the above step in a single transfer if both order's fee recipients are the same)
Refund any unused value (ETH) that was sent with the message call

Errors

matchOrdersWithMaximalFill may revert with any errors specified in the matchOrders section.

batchMatchOrders

batchMatchOrders can be used to match 2 sets of an arbitrary number of orders with each other using the same matching strategy as matchOrders.

/// @dev Match complementary orders that have a profitable spread.
///      Each order is filled at their respective price point, and
///      the matcher receives a profit denominated in the left maker asset.
/// @param leftOrders Set of orders with the same maker / taker asset.
/// @param rightOrders Set of orders to match against `leftOrders`
/// @param leftSignatures Proof that left orders were created by the left makers.
/// @param rightSignatures Proof that right orders were created by the right makers.
/// @return batchMatchedFillResults Amounts filled and profit generated.
function batchMatchOrders(
    LibOrder.Order[] memory leftOrders,
    LibOrder.Order[] memory rightOrders,
    bytes[] memory leftSignatures,
    bytes[] memory rightSignatures
)
    public
    payable
    returns (LibFillResults.BatchMatchedFillResults memory batchMatchedFillResults);

Logic

Calling batchMatchOrders will perform the following steps:

Revert if any of the input array lengths equal 0 or if the input arrays are of unequal length
Set the current left and right orders to the the first order in each order array
While both the left and right set of orders have not been fully filled:
1. Call matchOrders on the current left and right order
2. If the current left order has been fully filled, set the current left order to the next order in leftOrders
3. If the current right order has been fully filled, set the current right order to the next order in rightOrders
Refund any unused value (ETH) that was sent with the message call

Errors

batchMatchOrders may revert with any of the following errors, in addition to any errors specified in the matchOrders section.

Error	Condition
BatchMatchOrdersError	The lengths of any of the input arrays equal 0 or are not equal to each other

batchMatchOrdersWithMaximalFill

batchMatchOrdersWithMaximalFill can be used to match 2 sets of an arbitrary number of orders with each other using the same matching strategy as matchOrdersWithMaximalFill.

/// @dev Match complementary orders that have a profitable spread.
///      Each order is maximally filled at their respective price point, and
///      the matcher receives a profit denominated in either the left maker asset,
///      right maker asset, or a combination of both.
/// @param leftOrders Set of orders with the same maker / taker asset.
/// @param rightOrders Set of orders to match against `leftOrders`
/// @param leftSignatures Proof that left orders were created by the left makers.
/// @param rightSignatures Proof that right orders were created by the right makers.
/// @return batchMatchedFillResults Amounts filled and profit generated.
function batchMatchOrdersWithMaximalFill(
    LibOrder.Order[] memory leftOrders,
    LibOrder.Order[] memory rightOrders,
    bytes[] memory leftSignatures,
    bytes[] memory rightSignatures
)
    public
    payable
    returns (LibFillResults.BatchMatchedFillResults memory batchMatchedFillResults);

Logic

Revert if any of the input array lengths equal 0 or if the input arrays are of unequal length
Set the current left and right orders to the the first order in each order array
While both the left and right set of orders have not been fully filled:
1. Call matchOrdersWithMaximalFill on the current left and right order
2. If the current left order has been fully filled, set the current left order to the next order in leftOrders
3. If the current right order has been fully filled, set the current right order to the next order in rightOrders
Refund any unused value (ETH) that was sent with the message call

Errors

batchMatchOrdersWithMaximalFill may revert with any errors specified in the batchMatchOrders section.

Cancelling orders

Orders can be permanently invalidated on-chain by using any of the following cancellation functions.

cancelOrder

cancelOrder cancels the specified order. Partial cancels are not allowed.

/// @dev After calling, the order can not be filled anymore.
/// @param order Order struct containing order specifications.
function cancelOrder(LibOrder.Order memory order)
    public
    payable;

Logic

Calling cancelOrder will perform the following steps:

Query the state and status of the order
Revert if the function is called with an invalid context (invalid msg.sender or maker)
Return if the orders is already unfillable (expired, cancelled, fully filled)
Update the state of the order and emit a Cancel event
Refund any unused value (ETH) that was sent with the message call

Errors

cancelOrder may revert with any of the following errors:

Error	Condition
ExchangeInvalidContextError	`msg.sender` is not equal to `order.senderAddress` (if it is set) or the cancellation is being attempted from an address that is not the maker of the order

batchCancelOrders

batchCancelOrders can be used to cancel a batch of orders in a single call.

/// @dev Executes multiple calls of cancelOrder.
/// @param orders Array of order specifications.
function batchCancelOrders(LibOrder.Order[] memory orders)
    public
    payable;

Logic

Calling batchCancelOrders will perform the following steps:

Sequentially call cancelOrder for each element of orders
Refund any unused value (ETH) that was sent with the message call

Errors

batchCancelOrders may revert with any errors specified in the cancelOrder section.

cancelOrdersUpTo

cancelOrdersUpTo can be used to cancel an arbitrary number of orders in a single fixed size transaction.

/// @dev Cancels all orders created by makerAddress with a salt less than or equal to the targetOrderEpoch
///      and senderAddress equal to msg.sender (or null address if msg.sender == makerAddress).
/// @param targetOrderEpoch Orders created with a salt less or equal to this value will be cancelled.
function cancelOrdersUpTo(uint256 targetOrderEpoch)
    external
    payable;

Logic

Calling cancelOrdersUpTo will perform the following steps:

Calculate the senderAddress of the orders that this cancellation will apply to (0 if called by the maker, msg.sender otherwise)
Set the order epoch for this particular maker and sender combination to targetOrderEpoch + 1
Emit a CancelUpTo event
Refund any unused value (ETH) that was sent with the message call

Orders with this maker and sender address combination that have a salt less than or equal to the targetOrderEpoch will be considered cancelled.

Errors

cancelOrdersUpTo may revert with any of the following errors:

Error	Condition
OrderEpochError	The new order epoch is less than or equal to the current order epoch

Querying state of an order

filled

The Exchange contract contains a mapping that records the nominal amount of an order's takerAssetAmount that has already been filled. This mapping is updated each time an order is successfully filled, allowing for partial fills.

// Mapping of orderHash => amount of takerAsset already bought by maker
mapping (bytes32 => uint256) public filled;

cancelled

The Exchange contract contains a mapping that records if an order has been cancelled.

// Mapping of orderHash => cancelled
mapping (bytes32 => bool) public cancelled;

orderEpoch

The Exchange contract contains a mapping that specifies the orderEpoch for a given makerAddress/senderAddress pair, which invalidates all orders containing that pair that contain a salt value less than or equal to the current orderEpoch.

// Mapping of makerAddress => senderAddress => lowest salt an order can have in order to be fillable
// Orders with specified senderAddress and with a salt less than their epoch to are considered cancelled
mapping (address => mapping (address => uint256)) public orderEpoch;

getOrderInfo

getOrderInfo is a public method that returns the state, hash, and amount of an order that has already been filled as an OrderInfo instance:

/// @dev Gets information about an order: status, hash, and amount filled.
/// @param order Order to gather information on.
/// @return OrderInfo Information about the order and its state.
///         See LibOrder.OrderInfo for a complete description.
function getOrderInfo(LibOrder.Order memory order)
    public
    view
    returns (LibOrder.OrderInfo memory orderInfo);

Simulating fill transfers

An order's assetData fields may contain arbitrary information that can sometimes be difficult to validate without knowing the entire functionality of the specified asset. For example, some tokens may have a built in whitelist or blacklist that limits token transfers. This functionality cannot be caught be simply checking the balance and allowance of that particular token. Because of this, simulating the exact transfers that would occur in a fill (or fills) can be useful for validating orders.

simulateDispatchTransferFromCalls

simulateDispatchTransferFromCalls can be used to simulate any amount of transfers exactly as they would occur when filling orders. This can be used with an eth_call or within other smart contracts. However, this function can be relatively gas intensive since it performing actual transfers on-chain and then reverting state.

/// @dev This function may be used to simulate any amount of transfers
/// As they would occur through the Exchange contract. Note that this function
/// will always revert, even if all transfers are successful. However, it may
/// be used with eth_call or with a try/catch pattern in order to simulate
/// the results of the transfers.
/// @param assetData Array of asset details, each encoded per the AssetProxy contract specification.
/// @param fromAddresses Array containing the `from` addresses that correspond with each transfer.
/// @param toAddresses Array containing the `to` addresses that correspond with each transfer.
/// @param amounts Array containing the amounts that correspond to each transfer.
/// @return This function does not return a value. However, it will always revert with
/// `Error("TRANSFERS_SUCCESSFUL")` if all of the transfers were successful.
function simulateDispatchTransferFromCalls(
    bytes[] memory assetData,
    address[] memory fromAddresses,
    address[] memory toAddresses,
    uint256[] memory amounts
)
    public;

Logic

Calling simulateDispatchTransferFromCalls will perform the following steps:

For each element of assetData:
1. Perform a transfer of the asset with the corresponding elements of fromAddresses, toAddresses, and amounts
Revert (this function will always revert)

Errors

simulateDispatchTransferFromCalls will always revert. However, the caller can determine which transfer would fail or if the transfers would all succeed by looking at the revert reason.

Error	Condition
AssetProxyDispatchError	An `AssetProxy` is not specified or does not exist an `assetData` field
AssetProxyTransferError	The `assetProxy.transferFrom` call was unsuccessful (note: the `orderHash` input will be equal to the index of the failed transfer cast to a `bytes32`)
StandardError("TRANSFERS_SUCCESSFUL")	All of the transfers succeeded during the simulation

Transactions

Transaction messages exist for the purpose of calling methods on the Exchange contract in the context of another address (see ZEIP-18).

Transaction message format

Parameter	Type	Description
salt	uint256	Arbitrary number to facilitate uniqueness of the transactions's hash.
expirationTimeSeconds	uint256	Timestamp in seconds at which transaction expires.
gasPrice	uint256	gasPrice that transaction is required to be executed with.
signerAddress	address	Address of transaction signer
data	bytes	The calldata that is to be executed. This must call an Exchange contract method.

Hashing a transaction

The hash of a transaction is used as a unique identifier for that transaction. A transaction is hashed according to the EIP-712 specification. See the EIP-712 Usage section for information on how to calculate the required domain separator for hashing an order.

// EIP191 header for EIP712 prefix
string constant internal EIP191_HEADER = "\x19\x01";

// 0xec69816980a3a3ca4554410e60253953e9ff375ba4536a98adfa15cc71541508
bytes32 constant internal EIP712_ZEROEX_TRANSACTION_SCHEMA_HASH = keccak256(abi.encodePacked(
    "ZeroExTransaction(",
    "uint256 salt,",
    "uint256 expirationTimeSeconds,",
    "uint256 gasPrice,",
    "address signerAddress,",
    "bytes data",
    ")"
));

bytes32 transactionStructHash = keccak256(abi.encodePacked(
    EIP712_ZEROEX_TRANSACTION_SCHEMA_HASH,
    salt,
    expirationTimeSeconds,
    gasPrice,
    uint256(signerAddress),
    keccak256(data)
));

bytes32 transactionHash = keccak256(abi.encodePacked(
    EIP191_HEADER,
    EIP712_DOMAIN_HASH,
    transactionStructHash
));

Creating a transaction

A transaction may only be executed if it can be paired with an associated valid signature. A transaction's hash must be signed with a supported signature type.

Transaction context

The "context" of an Exchange function call will be msg.sender by default. However, the context can change if an Exchange function call is made using a 0x transaction. It is instead determined by the following function:

/// @dev The current function will be called in the context of this address (either 0x transaction signer or `msg.sender`).
///      If calling a fill function, this address will represent the taker.
///      If calling a cancel function, this address will represent the maker.
/// @return Signer of 0x transaction if entry point is `executeTransaction`.
///         `msg.sender` if entry point is any other function.
function _getCurrentContextAddress()
    internal
    view
    returns (address)
{
    address currentContextAddress_ = currentContextAddress;
    address contextAddress = currentContextAddress_ == address(0) ? msg.sender : currentContextAddress_;
    return contextAddress;
}

Executing a transaction

Transactions must be executed by calling any of the 2 following functions.

executeTransaction

executeTransaction is typically the entry point for executing any 0x transaction. It can be used to call any external function on the Exchange contract in the context of the transaction signer (context will not be updated for any administrative function calls). Note that while protocol fees are ordinarily charged only to the taker, it is possible for a caller of executeTransaction to pay the fee on behalf of the taker by providing a value with the message call.

/// @dev Executes an Exchange method call in the context of signer.
/// @param transaction 0x transaction structure.
/// @param signature Proof that transaction has been signed by signer.
/// @return ABI encoded return data of the underlying Exchange function call.
function executeTransaction(
    LibZeroExTransaction.ZeroExTransaction memory transaction,
    bytes memory signature
)
    public
    payable
    returns (bytes memory);

Logic

Calling executeTransaction will perform the following steps:

Revert if the transaction is not executable (expired, invalid gasPrice, invalid context, already executed, invalid signature)
Set the context to the transaction signer (unless the signer is msg.sender)
Update the transaction state
Make a delegatecall to the Exchange contract using the transaction's data field (preserving msg.sender but changing the context of the call)
Revert if the delegatecall was unsuccessful
Reset the context to 0 (unless the signer is msg.sender)
Emit a TransactionExecution event
Refund any unused value (ETH) that was sent with the message call (note: all intermediate refunds will be disabled until this step)

Errors

executeTransaction may revert with any of the following errors, in addition to any errors specified in the validating signatures section.

Error	Condition
TransactionError	The transaction has expired or has already been executed
TransactionGasPriceError	The `gasPrice` of the Ethereum transaction did not match that of the 0x transaction
TransactionInvalidContextError	The context was already set before attempting to execute the transaction (using recursion)
SignatureError	Signature validation returned false
TransactionExecutionError	Transaction execution did not succeed (the `delegatecall` reverted)

batchExecuteTransactions

batchExecuteTransactions can be used to call multiple Exchange contract functions with different contexts in a single call. Note that if any value is included in the call, only functions with the payable modifier can be called (which includes all non-administrative functions that can update state).

/// @dev Executes a batch of Exchange method calls in the context of signer(s).
/// @param transactions Array of 0x transaction structures.
/// @param signatures Array of proofs that transactions have been signed by signer(s).
/// @return Array containing ABI encoded return data for each of the underlying Exchange function calls.
function batchExecuteTransactions(
    LibZeroExTransaction.ZeroExTransaction[] memory transactions,
    bytes[] memory signatures
)
    public
    payable
    returns (bytes[] memory);

Logic

Calling batchExecuteTransactions will perform the following steps:

Sequentially call executeTransaction for each element of transaction with its corresponding signature
Refund any unused value (ETH) that was sent with the message call (note: all intermediate refunds will be disabled until this step)

Errors

batchExecuteTransactions may revert with any errors specified in the executeTransaction section.

Signatures

Validating signatures

The Exchange contract includes 3 public methods for validating signatures:

isValidHashSignature

isValidHashSignature can be used to verify all signature types except the Validator and EIP1271Wallet types.

/// @dev Verifies that a hash has been signed by the given signer.
/// @param hash Any 32-byte hash.
/// @param signerAddress Address that should have signed the given hash.
/// @param signature Proof that the hash has been signed by signer.
/// @return isValid `true` if the signature is valid for the given hash and signer.
function isValidHashSignature(
    bytes32 hash,
    address signerAddress,
    bytes memory signature
)
    public
    view
    returns (bool isValid);

Errors

isValidHashSignature may revert for the following reasons, in addition to different signature type specific reasons.

Error	Condition
SignatureError	The signature's length is 0, the signer is 0, or the signature type is unsupported

isValidOrderSignature

isValidOrderSignature can be used to verify all signature types. If using the Validator or EIP1271Wallet types, the verifying contract will have access to the entire order and its associated hash.

/// @dev Verifies that a signature for an order is valid.
/// @param order The order.
/// @param signature Proof that the order has been signed by signer.
/// @return isValid `true` if the signature is valid for the given order and signer.
function isValidOrderSignature(
    LibOrder.Order memory order,
    bytes memory signature
)
    public
    view
    returns (bool isValid);

isValidOrderSignature may revert for the following reasons, in addition to different signature type specific reasons.

Error	Condition
SignatureError	The signature's length is 0, the signer is 0, or the signature type is unsupported

isValidTransactionSignature

isValidTransactionSignature can be used to verify all signature types. If using the Validator or EIP1271Wallet types, the verifying contract will have access to the entire transaction and its associated hash.

/// @dev Verifies that a signature for a transaction is valid.
/// @param transaction The transaction.
/// @param signature Proof that the order has been signed by signer.
/// @return isValid `true` if the signature is valid for the given transaction and signer.
function isValidTransactionSignature(
    LibZeroExTransaction.ZeroExTransaction memory transaction,
    bytes memory signature
)
    public
    view
    returns (bool isValid);

isValidHashSignature may revert for the following reasons, in addition to different signature type specific reasons.

Error	Condition
SignatureError	The signature's length is 0, the signer is 0, or the signature type is unsupported

Signature Types

All signatures submitted to the Exchange contract are represented as a byte array of arbitrary length, where the last byte (the "signature byte") specifies the signatures type. The signature type is ignored during validation. The following signature types are supported within the protocol:

Signature byte	Signature type
0x00	Illegal
0x01	Invalid
0x02	EIP712
0x03	EthSign
0x04	Wallet
0x05	Validator
0x06	PreSigned
0x07	EIP1271Wallet

Illegal

This is the default value of the signature byte. A transaction that includes an Illegal signature will be reverted. Therefore, users must explicitly specify a valid signature type.

Errors

Error	Condition
SignatureError	This signature type will always revert

Invalid

An Invalid signature always returns false if it includes no data other than the signature byte. An invalid signature can always be recreated and is therefore offered explicitly. This signature type is largely used for testing purposes.

Errors

Error	Condition
SignatureError	The length of the signature does not equal 1 (including the signature type)

EIP712

An EIP712 signature is considered valid if the address recovered from calling ecrecover with the given hash and decoded v, r, s values is the same as the specified signer. In this case, the signature is encoded in the following way:

Offset	Length	Contents
0x00	1	v (always 27 or 28)
0x01	32	r
0x21	32	s

Errors

Error	Condition
SignatureError	The length of the signature does not equal 66 (including the signature type)

EthSign

An EthSign signature is considered valid if the address recovered from calling ecrecover with the an EthSign-prefixed hash and decoded v, r, s values is the same as the specified signer.

The prefixed msgHash is calculated with:

string constant ETH_PERSONAL_MESSAGE = "\x19Ethereum Signed Message:\n32";
bytes32 msgHash = keccak256(abi.encodePacked(ETH_PERSONAL_MESSAGE, hash));

v, r, and s are encoded in the signature byte array using the same scheme as EIP-712 signatures.

Errors

Error	Condition
SignatureError	The length of the signature does not equal 66 (including the signature type)

Wallet

The Wallet signature type allows a contract wallet to trade on behalf of any other address(es) by defining its own signature validation function. When used with order or transaction signing, the Wallet contract is considered the signer and should hold any assets that will be traded.

A Wallet contract should have the following interface for validating signatures:

contract IWallet {

    /// @dev Verifies that a signature is valid.
    /// @param hash Message hash that is signed.
    /// @param signature Proof of signing.
    /// @return Validity of order signature.
    function isValidSignature(
        bytes32 hash,
        bytes signature
    )
        external
        view
        returns (bytes4 magicValue);
}

When using this signature type, the Exchange contract makes a staticcall to the Wallet contract's isValidSignature method, which means that signature verification will fail and revert if the Wallet attempts to update state. A successful call to isValidSignature should always return 0xb0671381, which is equal to bytes4(keccak256("isValidWalletSignature(bytes32,address,bytes)")).

Errors

Error	Condition
SignatureWalletError	The `isValidSignature` function reverted or returned malformed data

Validator

The Validator signature type allows an address to delegate signature verification to any other address. The Validator contract must first be approved by calling the setSignatureValidatorApproval method:

// Mapping of signer => validator => approved
mapping (address => mapping (address => bool)) public allowedValidators;

/// @dev Approves/unnapproves a Validator contract to verify signatures on signer's behalf.
/// @param validatorAddress Address of Validator contract.
/// @param approval Approval or disapproval of  Validator contract.
function setSignatureValidatorApproval(
    address validatorAddress,
    bool approval
)
    external;

The setSignatureValidatorApproval method emits a SignatureValidatorApproval event when executed.

A Validator signature is then encoded as:

Offset	Length	Contents
0x00	x	signature
0x00 + x	20	`Validator` contract address

A Validator contract must have the following EIP-1271 compliant interface:

contract IValidator {

    /// @dev Verifies that a signature is valid.
    /// @param data Arbitrary signed data.
    /// @param signature Proof that data has been signed.
    /// @return magicValue bytes4(0x20c13b0b) if the signature check succeeds.
    function isValidSignature(
        bytes calldata data,
        bytes calldata signature
    )
        external
        view
        returns (bytes4 magicValue);
}

When using this signature type, the Exchange contract makes a staticcall to the Validator contract's isValidSignature method, which means that signature verification will fail and revert if the Validator attempts to update state. A successful call to isValidSignature should always return 0x20c13b0b, which is equal to bytes4(keccak256("isValidSignature(bytes,bytes)"). See the EIP-1271 usage section for information on how data is encoded before calling isValidSignature.

NOTE: Approved Validator contracts should be 100% trusted. A Validator contract with a malicious or incorrectly implemented isValidSignature function can result in the loss of all assets that are approved for trading within the protocol.

Errors

Error	Condition
SignatureError	The signature's length is less than 21 (including the `Validator` address and signature type)
SignatureValidatorNotApprovedError	The signer did not approve the `Validator` by calling `setSignatureValidatorApproval`
EIP1271SignatureError	The `isValidSignature` function reverted or returned malformed data

PreSigned

Allows any address to sign a hash on-chain by calling the preSign method on the Exchange contract.

// Mapping of hash => signer => signed
mapping (bytes32 => mapping(address => bool)) public preSigned;

/// @dev Approves a hash on-chain.
///      After presigning a hash, the preSign signature type will become valid for that hash and signer.
/// @param hash Any 32-byte hash.
function preSign(bytes32 hash)
    external;

The hash can then be validated with only a PreSigned signature byte by checking the state of the preSigned mapping when a transaction is submitted.

isValid = preSigned[hash][signerAddress];
return isValid;

EIP1271Wallet

The EIP1271Wallet signature type is similar in purpose to the Wallet signature type. It allows a contract wallet to trade on behalf of any other address(es) by defining its own signature validation function. It can perform much more flexible validation than the Wallet signature type because it is passed the entire Order or ZeroExTransaction as an ABI encoded byte array.

A EIP1271Wallet contract must have the following EIP-1271 compliant interface:

contract IEIP1271Wallet {

    /// @dev Verifies that a signature is valid.
    /// @param data Arbitrary signed data.
    /// @param signature Proof that data has been signed.
    /// @return magicValue bytes4(0x20c13b0b) if the signature check succeeds.
    function isValidSignature(
        bytes calldata data,
        bytes calldata signature
    )
        external
        view
        returns (bytes4 magicValue);
}

When using this signature type, the Exchange contract makes a staticcall to the EIP1271Wallet contract's isValidSignature method, which means that signature verification will fail and revert if the EIP1271Wallet attempts to update state. A successful call to isValidSignature should always return 0x20c13b0b, which is equal to bytes4(keccak256("isValidSignature(bytes,bytes)"). See the EIP-1271 usage section for information on how data is encoded before calling isValidSignature.

Errors

Error	Condition
EIP1271SignatureError	The `isValidSignature` function reverted or returned malformed data

Events

Exchange events

Fill

A Fill event is emitted when an order is filled.

event Fill(
    address indexed makerAddress,         // Address that created the order.
    address indexed feeRecipientAddress,  // Address that received fees.
    bytes makerAssetData,                 // Encoded data specific to makerAsset.
    bytes takerAssetData,                 // Encoded data specific to takerAsset.
    bytes makerFeeAssetData,              // Encoded data specific to makerFeeAsset.
    bytes takerFeeAssetData,              // Encoded data specific to takerFeeAsset.
    bytes32 indexed orderHash,            // EIP712 hash of order (see LibOrder.getTypedDataHash).
    address takerAddress,                 // Address that filled the order.
    address senderAddress,                // Address that called the Exchange contract (msg.sender).
    uint256 makerAssetFilledAmount,       // Amount of makerAsset sold by maker and bought by taker.
    uint256 takerAssetFilledAmount,       // Amount of takerAsset sold by taker and bought by maker.
    uint256 makerFeePaid,                 // Amount of makerFeeAssetData paid to feeRecipient by maker.
    uint256 takerFeePaid,                 // Amount of takerFeeAssetData paid to feeRecipient by taker.
    uint256 protocolFeePaid               // Amount of eth or weth paid to the staking contract.
);

Cancel

A Cancel event is emitted whenever an individual order is cancelled.

event Cancel(
    address indexed makerAddress,         // Address that created the order.
    address indexed feeRecipientAddress,  // Address that would have recieved fees if order was filled.
    bytes makerAssetData,                 // Encoded data specific to makerAsset.
    bytes takerAssetData,                 // Encoded data specific to takerAsset.
    address senderAddress,                // Address that called the Exchange contract (msg.sender).
    bytes32 indexed orderHash             // EIP712 hash of order (see LibOrder.getTypedDataHash).
);

CancelUpTo

A CancelUpTo event is emitted whenever a cancelOrdersUpTo call is successful.

event CancelUpTo(
    address indexed makerAddress,         // Orders cancelled must have been created by this address.
    address indexed senderAddress,        // Orders cancelled must have a `senderAddress` equal to this address.
    uint256 orderEpoch                    // Orders with specified makerAddress and senderAddress with a salt less than this value are considered cancelled.
);

TransactionExecution

A TransactionExecution event is emitted when a ZeroExTransaction is executed.

event TransactionExecution(bytes32 indexed transactionHash);

SignatureValidatorApproval

A SignatureValidatorApproval event is emitted whenever a Validator contract is approved or disapproved to verify signatures created by a signer via setSignatureValidatorApproval.

event SignatureValidatorApproval(
    address indexed signerAddress,     // Address that approves or disapproves a contract to verify signatures.
    address indexed validatorAddress,  // Address of signature validator contract.
    bool isApproved                    // Approval or disapproval of validator contract.
);

AssetProxyRegistered

Whenever an AssetProxy is registered the Exchange contract, an AssetProxyRegistered is emitted.

event AssetProxyRegistered(
    uint8 id,               // Id of new registered AssetProxy.
    address assetProxy,     // Address of new registered AssetProxy.
);

ProtocolFeeMultiplier

A ProtocolFeeMultiplier event is emitted whenever the protocolFeeMultiplier is updated.

// Logs updates to the protocol fee multiplier.
event ProtocolFeeMultiplier(
    uint256 oldProtocolFeeMultiplier,
    uint256 updatedProtocolFeeMultiplier
);

ProtocolFeeCollectorAddress

A ProtocolFeeCollectorAddress is emitted whenever the protocolFeeCollector address is updated.

// Logs updates to the protocolFeeCollector address.
event ProtocolFeeCollectorAddress(
    address oldProtocolFeeCollector,
    address updatedProtocolFeeCollector
);

AssetProxy events

AuthorizedAddressAdded

An AuthorizedAddressAdded event is emitted when a new address becomes authorized to call an AssetProxy contract's transfer functions.

event AuthorizedAddressAdded(
    address indexed target,
    address indexed caller
);

AuthorizedAddressRemoved

An AuthorizedAddressRemoved event is emitted when an address becomes unauthorized to call an AssetProxy contract's transfer functions.

event AuthorizedAddressRemoved(
    address indexed target,
    address indexed caller
);

ZeroExGovernor events

The following events must precede the execution of any function called by ZeroExGovernor (with the exception of removeAuthorizedAddressAtIndex).

Submission

A Submission event is emitted when a new transaction is submitted to the ZeroExGovernor.

event Submission(uint256 indexed transactionId);

Confirmation

A Confirmation event is emitted when a transaction is confirmed by an individual owner of the ZeroExGovernor.

event Confirmation(
    address indexed sender,
    uint256 indexed transactionId
);

ConfirmationTimeSet

A ConfirmationTimeSet event is emitted when a transaction has been fully confirmed. The 2 week timelock begins at this time, after which the transaction becomes executable.

event ConfirmationTimeSet(
    uint256 indexed transactionId,
    uint256 confirmationTime
);

Execution

An Execution event is emitted whenever a transaction is executed through the ZeroExGovernor.

event Execution(uint256 indexed transactionId);

Staking events

See the Staking specification for a list of events that are used within the system of staking contracts.

Types

Order

struct Order {
    address makerAddress;           // Address that created the order.
    address takerAddress;           // Address that is allowed to fill the order. If set to 0, any address is allowed to fill the order.
    address feeRecipientAddress;    // Address that will recieve fees when order is filled.
    address senderAddress;          // Address that is allowed to call Exchange contract methods that affect this order. If set to 0, any address is allowed to call these methods.
    uint256 makerAssetAmount;       // Amount of makerAsset being offered by maker. Must be greater than 0.
    uint256 takerAssetAmount;       // Amount of takerAsset being bid on by maker. Must be greater than 0.
    uint256 makerFee;               // Fee paid to feeRecipient by maker when order is filled.
    uint256 takerFee;               // Fee paid to feeRecipient by taker when order is filled.
    uint256 expirationTimeSeconds;  // Timestamp in seconds at which order expires.
    uint256 salt;                   // Arbitrary number to facilitate uniqueness of the order's hash.
    bytes makerAssetData;           // Encoded data that can be decoded by a specified proxy contract when transferring makerAsset. The leading bytes4 references the id of the asset proxy.
    bytes takerAssetData;           // Encoded data that can be decoded by a specified proxy contract when transferring takerAsset. The leading bytes4 references the id of the asset proxy.
    bytes makerFeeAssetData;        // Encoded data that can be decoded by a specified proxy contract when transferring makerFeeAsset. The leading bytes4 references the id of the asset proxy.
    bytes takerFeeAssetData;        // Encoded data that can be decoded by a specified proxy contract when transferring takerFeeAsset. The leading bytes4 references the id of the asset proxy.
}

ZeroExTransaction

struct ZeroExTransaction {
    uint256 salt;                   // Arbitrary number to ensure uniqueness of transaction hash.
    uint256 expirationTimeSeconds;  // Timestamp in seconds at which transaction expires.
    uint256 gasPrice;               // gasPrice that transaction is required to be executed with.
    address signerAddress;          // Address of transaction signer.
    bytes data;                     // AbiV2 encoded calldata.
}

FillResults

struct FillResults {
    uint256 makerAssetFilledAmount;  // Total amount of makerAsset(s) filled.
    uint256 takerAssetFilledAmount;  // Total amount of takerAsset(s) filled.
    uint256 makerFeePaid;            // Total amount of fees paid by maker(s) to feeRecipient(s).
    uint256 takerFeePaid;            // Total amount of fees paid by taker to feeRecipients(s).
    uint256 protocolFeePaid;         // Total amount of fees paid by taker to the staking contract.
}

MatchedFillResults

struct MatchedFillResults {
    FillResults left;                // Amounts filled and fees paid of left order.
    FillResults right;               // Amounts filled and fees paid of right order.
    uint256 profitInLeftMakerAsset;  // Profit taken from the left maker
    uint256 profitInRightMakerAsset; // Profit taken from the right maker
}

BatchMatchedFillResults

struct BatchMatchedFillResults {
    FillResults[] left;              // Fill results for left orders
    FillResults[] right;             // Fill results for right orders
    uint256 profitInLeftMakerAsset;  // Profit taken from left makers
    uint256 profitInRightMakerAsset; // Profit taken from right makers
}

OrderInfo

struct OrderInfo {
    uint8 orderStatus;                    // Status that describes order's validity and fillability.
    bytes32 orderHash;                    // EIP712 hash of the order (see LibOrder.getOrderHash).
    uint256 orderTakerAssetFilledAmount;  // Amount of order that has already been filled.
}

Rich Reverts

The default Solidity revert behavior allows contracts to revert with a single string error message. This message is ABI encoded with the function signature Error(string). For example, the error returned from revert("INVALID_SIGNATURE") would be encoded as:

bytes memory errorMessage = abi.encodeWithSelector(
    bytes4(keccak256("Error(string)")),
    "INVALID_SIGNATURE"
);

Rich reverts were proposed in ZEIP-32. Rich reverts allow contracts to encode arbitrary data in a revert error message by ABI encoding the error with an arbitrary function signature. For example, the OrderStatus rich revert encodes an orderHash and orderStatus with:

bytes memory richErrorMessage = abi.encodeWithSelector(
    bytes4(keccak256("OrderStatus(bytes32,uint8)")),
    orderHash,
    orderStatus
);

The following rich revert reasons are used within the protocol:

Standard Error

Error

/// @param error Error reason string.
function Error(string memory message)
    internal
    pure
    returns (bytes memory);

Exchange Errors

BatchMatchOrdersError

enum BatchMatchOrdersErrorCodes {
    ZERO_LEFT_ORDERS,
    ZERO_RIGHT_ORDERS,
    INVALID_LENGTH_LEFT_SIGNATURES,
    INVALID_LENGTH_RIGHT_SIGNATURES
}

/// @param errorCode Error code that corresponds to reason for revert.
function BatchMatchOrdersError(
    BatchMatchOrdersErrorCodes errorCode
)
    internal
    pure
    returns (bytes memory);

SignatureError

enum SignatureErrorCodes {
    BAD_ORDER_SIGNATURE,
    BAD_TRANSACTION,
    INVALID_LENGTH,
    UNSUPPORTED,
    ILLEGAL,
    INAPPROPRIATE_SIGNATURE_TYPE,
    INVALID_SIGNER
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param hash Hash that has been signed.
/// @param signerAddress Address of signer.
/// @param signature Proof that hash has been signed by signerAddress.
function SignatureError(
    SignatureErrorCodes errorCode,
    bytes32 hash,
    address signerAddress,
    bytes memory signature
)
    internal
    pure
    returns (bytes memory);

SignatureValidatorNotApprovedError

/// @param signerAddress Address of signer.
/// @param validatorAddress Address of Validator contract that has not been approved by signerAddress.
function SignatureValidatorNotApprovedError(
    address signerAddress,
    address validatorAddress
)
    internal
    pure
    returns (bytes memory);

EIP1271SignatureError

/// @param verifyingContractAddress Address of EIP1271Wallet or Validator contract.
/// @param data Arbitrary signed data.
/// @param signature Proof that the hash has been signed by signer.
/// @param errorData Error data provided by EIP1271 compliant contract upon reverting.
function EIP1271SignatureError(
    address verifyingContractAddress,
    bytes memory data,
    bytes memory signature,
    bytes memory errorData
)
    internal
    pure
    returns (bytes memory);

SignatureWalletError

/// @param hash Hash that has been signed.
/// @param signerAddress Address of signer.
/// @param signature Proof that hash has been signed by signerAddress.
/// @param errorData Error data provided by Wallet contract upon reverting.
function SignatureWalletError(
    bytes32 hash,
    address signerAddress,
    bytes memory signature,
    bytes memory errorData
)
    internal
    pure
    returns (bytes memory);

OrderStatusError

enum OrderStatus {
    INVALID,
    INVALID_MAKER_ASSET_AMOUNT,
    INVALID_TAKER_ASSET_AMOUNT,
    FILLABLE,
    EXPIRED,
    FULLY_FILLED,
    CANCELLED
}

/// @param orderHash EIP712 typed data hash of order.
/// @param orderStatus Status code of order that corresponds to reason for revert.
function OrderStatusError(
    bytes32 orderHash,
    OrderStatus orderStatus
)
    internal
    pure
    returns (bytes memory);

FillError

enum FillErrorCodes {
    INVALID_TAKER_AMOUNT,
    TAKER_OVERPAY,
    OVERFILL,
    INVALID_FILL_PRICE
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param orderHash EIP712 typed data hash of order.
function FillError(
    FillErrorCodes errorCode,
    bytes32 orderHash
)
    internal
    pure
    returns (bytes memory);

OrderEpochError

/// @param makerAddress Address of maker for orders to cancel.
/// @param orderSenderAddress Address of sender for orders to cancel.
/// @param currentEpoch The latest epoch set for this specific makerAddress and senderAddress combination.
function OrderEpochError(
    address makerAddress,
    address orderSenderAddress,
    uint256 currentEpoch
)
    internal
    pure
    returns (bytes memory);

AssetProxyExistsError

/// @param assetProxyId Id of AssetProxy being registered.
/// @param assetProxyAddress Address of AssetProxy that already exists with given id.
function AssetProxyExistsError(
    bytes4 assetProxyId,
    address assetProxyAddress
)
    internal
    pure
    returns (bytes memory);

AssetProxyDispatchError

enum AssetProxyDispatchErrorCodes {
    INVALID_ASSET_DATA_LENGTH,
    UNKNOWN_ASSET_PROXY
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param orderHash EIP712 typed data hash of order.
/// @param assetData Byte array containing asset metadata.
function AssetProxyDispatchError(
    AssetProxyDispatchErrorCodes errorCode,
    bytes32 orderHash,
    bytes memory assetData
)
    internal
    pure
    returns (bytes memory);

AssetProxyTransferError

/// @param orderHash EIP712 typed data hash of order.
/// @param assetData Byte array containing asset metadata.
/// @param errorData Error data provided by AssetProxy contract upon reverting.
function AssetProxyTransferError(
    bytes32 orderHash,
    bytes memory assetData,
    bytes memory errorData
)
    internal
    pure
    returns (bytes memory);

NegativeSpreadError

/// @param leftOrderHash EIP712 typed data hash of left order.
/// @param rightOrderHash EIP712 typed data hash of right order.
function NegativeSpreadError(
    bytes32 leftOrderHash,
    bytes32 rightOrderHash
)
    internal
    pure
    returns (bytes memory);

TransactionError

enum TransactionErrorCodes {
    ALREADY_EXECUTED,
    EXPIRED
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param transactionHash EIP712 typed data hash of 0x transaction.
function TransactionError(
    TransactionErrorCodes errorCode,
    bytes32 transactionHash
)
    internal
    pure
    returns (bytes memory);

TransactionExecutionError

/// @param transactionHash EIP712 typed data hash of 0x transaction.
/// @param errorData Error data provided by Exchange contract upon reverting.
function TransactionExecutionError(
    bytes32 transactionHash,
    bytes memory errorData
)
    internal
    pure
    returns (bytes memory);

TransactionGasPriceError

/// @param transactionHash EIP712 typed data hash of 0x transaction.
/// @param actualGasPrice Actual gas price of Ethereum transaction.
/// @param requiredGasPrice Gas price specified in the 0x transaction.
function TransactionGasPriceError(
    bytes32 transactionHash,
    uint256 actualGasPrice,
    uint256 requiredGasPrice
)
    internal
    pure
    returns (bytes memory);

TransactionInvalidContextError

/// @param transactionHash EIP712 typed data hash of 0x transaction.
/// @param currentContextAddress Context of Exchange function call that has already been set in storage.
function TransactionInvalidContextError(
    bytes32 transactionHash,
    address currentContextAddress
)
    internal
    pure
    returns (bytes memory);

ExchangeInvalidContextError

enum ExchangeContextErrorCodes {
    INVALID_MAKER,
    INVALID_TAKER,
    INVALID_SENDER
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param orderHash EIP712 typed data hash of order.
/// @param The maker, taker, or sender address that corresponds to the errorCode.
function ExchangeInvalidContextError(
    ExchangeContextErrorCodes errorCode,
    bytes32 orderHash,
    address contextAddress
)
    internal
    pure
    returns (bytes memory);

IncompleteFillError

enum IncompleteFillErrorCode {
    INCOMPLETE_MARKET_BUY_ORDERS,
    INCOMPLETE_MARKET_SELL_ORDERS,
    INCOMPLETE_FILL_ORDER
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param expectedAssetFillAmount Expected amount to be filled.
/// @param actualAssetFillAmount Actual amount that was filled.
function IncompleteFillError(
    IncompleteFillErrorCode errorCode,
    uint256 expectedAssetFillAmount,
    uint256 actualAssetFillAmount
)
    internal
    pure
    returns (bytes memory);

PayProtocolFeeError

/// @param orderHash EIP712 typed data hash of order.
/// @param protocolFee Protocol fee denominated in ETH or WETH (in wei).
/// @param makerAddress Address of order's maker.
/// @param takerAddress Address of taker filling order.
/// @param errorData Error data provided by staking contract upon reverting.
function PayProtocolFeeError(
    bytes32 orderHash,
    uint256 protocolFee,
    address makerAddress,
    address takerAddress,
    bytes memory errorData
)
    internal
    pure
    returns (bytes memory);

LibMath Errors

DivisionByZeroError

function DivisionByZeroError()
    internal
    pure
    returns (bytes memory);

RoundingError

/// @param numerator Numerator.
/// @param denominator Denominator.
/// @param target Value to calculate partial of.
function RoundingError(
    uint256 numerator,
    uint256 denominator,
    uint256 target
)
    internal
    pure
    returns (bytes memory);

LibSafeMath Errors

SafeMathError

enum BinOpErrorCodes {
    ADDITION_OVERFLOW,
    MULTIPLICATION_OVERFLOW,
    SUBTRACTION_UNDERFLOW,
    DIVISION_BY_ZERO
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param a First uint256 argument.
/// @param b Second uint256 argument.
function Uint256BinOpError(
    BinOpErrorCodes errorCode,
    uint256 a,
    uint256 b
)
    internal
    pure
    returns (bytes memory);

Ownable Errors

OnlyOwnerError

/// @param sender Caller of function (msg.sender).
/// @param owner The current owner address.
function OnlyOwnerError(
    address sender,
    address owner
)
    internal
    pure
    returns (bytes memory);

TransferOwnerToZeroError

function TransferOwnerToZeroError()
    internal
    pure
    returns (bytes memory);

ReentrancyGuard Errors

IllegalReentrancyError

function IllegalReentrancyError()
    internal
    pure
    returns (bytes memory);

Authorizable Errors

AuthorizedAddressMismatchError

/// @param authorized Authorized address at index.
/// @param target Target authorized address.
function AuthorizedAddressMismatchError(
    address authorized,
    address target
)
    internal
    pure
    returns (bytes memory);

IndexOutOfBoundsError

/// @param index Target index.
/// @param length Length of authorized addresses.
function IndexOutOfBoundsError(
    uint256 index,
    uint256 length
)
    internal
    pure
    returns (bytes memory);

SenderNotAuthorizedError

/// @param sender Caller of function (msg.sender).
function SenderNotAuthorizedError(address sender)
    internal
    pure
    returns (bytes memory);

TargetAlreadyAuthorizedError

/// @param target Target address.
function TargetAlreadyAuthorizedError(address target)
    internal
    pure
    returns (bytes memory);

TargetNotAuthorizedError

/// @param target Target address.
function TargetNotAuthorizedError(address target)
    internal
    pure
    returns (bytes memory);

ZeroCantBeAuthorizedError

function ZeroCantBeAuthorizedError()
    internal
    pure
    returns (bytes memory);

LibBytes Errors

InvalidOperationError

enum InvalidByteOperationErrorCodes {
    FromLessThanOrEqualsToRequired,
    ToLessThanOrEqualsLengthRequired,
    LengthGreaterThanZeroRequired,
    LengthGreaterThanOrEqualsFourRequired,
    LengthGreaterThanOrEqualsTwentyRequired,
    LengthGreaterThanOrEqualsThirtyTwoRequired,
    LengthGreaterThanOrEqualsNestedBytesLengthRequired,
    DestinationLengthGreaterThanOrEqualSourceLengthRequired
}

/// @param errorCode Error code that corresponds to reason for revert.
/// @param offset Memory offset of attempted operation.
/// @param required Required memory offset of operation.
function InvalidByteOperationError(
    InvalidByteOperationErrorCodes errorCode,
    uint256 offset,
    uint256 required
)
    internal
    pure
    returns (bytes memory);

Miscellaneous

EIP-712 usage

Hashes of orders and transactions are calculated according to the EIP-712 specification.

The domain hash for the Exchange contract can be calculated with:

// 0x8b73c3c69bb8fe3d512ecc4cf759cc79239f7b179b0ffacaa9a75d522b39400f
bytes32 constant internal EIP712_DOMAIN_SEPARATOR_SCHEMA_HASH = keccak256(abi.encodePacked(
    "EIP712Domain(",
    "string name,",
    "string version,",
    "uint256 chainId,",
    "address verifyingContract",
    ")"
));

// EIP712 Exchange Domain Name value
string constant internal EIP712_EXCHANGE_DOMAIN_NAME = "0x Protocol";

// EIP712 Exchange Domain Version value
string constant internal EIP712_EXCHANGE_DOMAIN_VERSION = "3.0.0";

bytes32 EIP712_EXCHANGE_DOMAIN_HASH = keccak256(abi.encodePacked(
    EIP712_DOMAIN_SEPARATOR_SCHEMA_HASH,
    keccak256(bytes("0x Protocol")),
    keccak256(bytes("3.0.0")),
    chainId,
    bytes32(address(this))
));

For more information about how this is used, see hashing an order and hashing a transaction.

EIP-1271 Usage

Both the [Validator](#validator) and [EIP1271Wallet](#eip1271wallet) signature types are [EIP-1271](https://github.com/ethereum/EIPs/blob/master/EIPS/eip-1271.md) compliant. Note that this standard does not specify how data should be encoded when it is passed to the verifying contract's isValidSignaturefunction. TheExchangecontract will pass data to the verifying contract that is ABI encoded with one of the following function signatures, depending on if aOrderorZeroExTransaction` is being validated:

contract IEIP1271Data {

    /// @dev This function's selector is used when ABI encoding the order
    ///      and hash into a byte array before calling `isValidSignature`.
    ///      This function serves no other purpose.
    function OrderWithHash(
        LibOrder.Order calldata order,
        bytes32 orderHash
    )
        external
        pure;

    /// @dev This function's selector is used when ABI encoding the transaction
    ///      and hash into a byte array before calling `isValidSignature`.
    ///      This function serves no other purpose.
    function ZeroExTransactionWithHash(
        LibZeroExTransaction.ZeroExTransaction calldata transaction,
        bytes32 transactionHash
    )
        external
        pure;
}

Encoding orders as EIP-1271 data

Orders will be encoded with their hash before being passed into the verifying contract's isValidSignature function.

bytes memory data = abi.encodeWithSelector(
    IEIP1271Data(address(0)).OrderWithHash.selector,
    order,
    orderHash
);

Encoding transactions as EIP-1271 data

Transactions will be encoded with their hash before being passed into the verifying contract's isValidSignature function.

bytes memory data = abi.encodeWithSelector(
    IEIP1271Data(address(0)).ZeroExTransactionWithHash.selector,
    transaction,
    transactionHash
);

ECRECOVER usage

The ecrecover precompile available in Solidity expects v to always have a value of 27 or 28. Some signers and clients assume that v will have a value of 0 or 1, so it may be necessary to add 27 to v before submitting it to the Exchange contract.

Rounding errors

Doing any sort of division in the EVM may result in rounding errors. fillOrder and matchOrder variants limit the allowed rounding error to 0.1% (and will otherwise revert). Note that the rounding is always done in favor of an order's maker.

Differences from 2.0

Changes to order fills

The introduction of protocol fees
Order fees can now be charges in arbitrary assets with the new makerFeeAssetData and takerFeeAssetData fields
marketBuyOrders and marketSellOrders have been deprecated
The addition of marketBuyOrdersFillOrKill and marketSellOrdersFillOrKill
All of the marketBuy* and marketSell* functions now allow multiple different assets to be bought or sold (be careful with this!)
The ordering of transfers during a single fill has changed. A fill now first transfers an asset from the taker to the maker, opening up the ability to integrate the ERC20BridgeProxy (along with other similar contracts)

Changes to order matching

The addition of a new matching strategy with matchOrdersWithMaximalFill
The addition of new functions for matching batches of orders, batchMatchOrders and batchMatchOrdersWithMaximalFill

Changes to order cancellations

The cancelOrder function is much less strict and will only revert if called with an invalid context

Changes to 0x transactions

The addition of new expirationTimeSeconds and gasPrice fields to 0x transactions
executeTransaction now takes a ZeroExTransaction struct as an input
executeTransaction now emits a TransactionExecution event upon successful execution
Addition of batchExecuteTransaction for atomically executing multiple 0x transactions

Changes to signature validation

The Validator signature type now expects the verifying contract to be EIP-1271 compliant, allowing it to validate individual fields of orders or transactions
The addition of a new EIP1271Wallet signature type that allows a wallet contract to validate individual fields of orders or transactions

Changes to developer experience

The introduction of rich reverts
The addition of a helper function for simulating actual transfers
getOrdersInfo has been deprecated (an external contract can be deployed for querying the state of multiple orders in a single call)

Miscellaneous changes

All non-administrative functions that can write to state have been made payable to allow paying protocol fees in ETH
The EIP-712 domain hash calculation now includes a chainId

Files

v3-specification.md

Latest commit

History

v3-specification.md

File metadata and controls

0x protocol 3.0 specification

Table of contents

Architecture

Contracts

Exchange

AssetProxy

ZeroExGovernor

Staking

Contract Interactions

Trade settlement

ERC20 <> ERC20

ERC20 <> ERC721

Protocol fees

Calculating the protocol fee

Protocol fee denomination

Orders

Order message format

senderAddress

salt

assetData

Hashing an order

Creating an order

Filling orders

fillOrder

Logic

Errors

fillOrKillOrder

Logic

Errors

batchFillOrders

Logic

Errors

batchFillOrKillOrders

Logic

Errors

batchFillOrdersNoThrow

Logic

Errors

marketSellOrdersNoThrow

Logic

Errors

marketBuyOrdersNoThrow

Logic

Errors

marketSellOrdersFillOrKill

Logic

Errors

marketBuyOrdersFillOrKill

Logic

Errors

Matching orders

matchOrders

Logic

Errors

matchOrdersWithMaximalFill

Logic

Errors

batchMatchOrders

Logic

Errors

batchMatchOrdersWithMaximalFill

Logic

Errors

Cancelling orders

cancelOrder

Logic

Errors

batchCancelOrders

Logic

Errors

cancelOrdersUpTo

Logic

Errors

Querying state of an order