Smart Order Routing WebSocket API
Authenticated, bidirectional WebSocket API for Order Routing customers. Stream aggregated order book updates, top-of-book quotes, execution data, and heartbeats. Learn more.Stablecoin Market Price Feed
Public WebSocket feed for external stablecoin market index prices. No authentication required. Learn more.For a hands-on introduction to Order Routing streams, see the Smart Order Routing WebSocket guide.
Smart Order Routing
Production:wss://ws.paxos.com/Sandbox:
wss://ws.sandbox.paxos.com/
Authentication uses OAuth2 with the exchange:read_aggregated_marketdata_stream scope. See rate limits for subscription guidance.
Stablecoin Market Price Feed
The stablecoin market price feed provides real-time market index price updates for external stablecoins. No authentication is required.- Current support: USDCUSD
- Update frequency: Typically ~1 message per second, varying with market volatility
- Message content: Market name, current price (4 decimals), and timestamp
Server Endpoints
Production:wss://ws.paxos.comSandbox:
wss://ws.sandbox.paxos.com
Channels
/marketdata/stablecoin— All stablecoin markets/marketdata/stablecoin/{market}— Single stablecoin market (for example,USDCUSD)
Example
Request URL:wss://ws.sandbox.paxos.com/marketdata/stablecoin/USDCUSD
wss://) connection is established, the feed begins streaming data subject to the rate limits. Clients should implement a reconnection mechanism in case of server disconnection.