# Limit Orders On October 23rd, 2023, limit order functionalities were introduced for all bond markets. However, this feature is only available for markets that have chosen one of the following quote assets: | Asset | Asset | Asset | | ----- | ------ | ----- | | USDC | WETH | OHM | | DAI | WBTC | tBTC | | USDT | wstETH | CRV | | FRAX | frxETH | CVX | | LUSD | rETH | AURA | | DOLA | cbETH | BAL | Limit orders allow bonders to pre-set a bond transaction with a specific price and expiry. When conditions are met, the transaction executes. This feature enhances the bonder experience, boosts competition, and improves order visibility within issuer markets. They also help issuers gauge demand as orders can be placed after a market is scheduled, but before it starts. ### System Architecture Limit orders employ a hybrid on-chain and off-chain system that provides several key benefits to users. Off-chain services store approved limit orders, monitor market data, and execute orders for bonders, which enables gasless purchases, protection against MEV, and free order cancellations. Additionally, the system uses [Sign-In with Ethereum](https://docs.login.xyz/general-information/siwe-overview) to review your off-chain limit orders so they can’t be seen by other market participants. For more information, view our [developer documentation](https://dev.bondprotocol.finance/smart-contracts/bond-system/limit-orders). ### Issuer FAQ **Is there a specific configuration needed during market deployment to activate limit orders?** No. Limit orders are automatically available as long as the chosen quote asset is within the list provided above. **Why are limit orders only available for markets with specific quote assets?** Limit orders are limited to markets with specific quote assets because the chosen quote token is used to cover the gas costs associated with transactions. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bondprotocol.finance/products/permissionless-bonds/issuers/limit-orders.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.