Paxos Settlement API
Use the Settlements API to facilitate simultaneous exchange of pre-funded assets. Automate a variety of use cases that require two-party approval, including net settlement of over-the-counter trades, withdrawal requests for tri-party collateral, payment requests, and bilateral settlement for marketplace end users.The simple request-and-approval workflow supports both one-directional and bidirectional transactions to allow a user to receive an asset (for example, send USDP) or simultaneously send and receive assets (for example, send USD and receive BTC and ETH). Only when all parties are in agreement and assets are fully funded does the Settlements API allow for change of custody. Upon completion, all settled assets are immediately available for trading, transferring, withdrawal or other supported activities.The Source Profile initiates the transaction for the Target Profile to approve. The `DIRECTION` of each asset is always relative to the Source Profile and only the owner of the Source Profile can cancel a transaction if it hasn't been approved by the Target Profile.
Paxos Settlement API is one of 43 APIs that Paxos publishes on the APIs.io network, described by a machine-readable OpenAPI specification.
Tagged areas include Settlement. The published artifact set on APIs.io includes an OpenAPI specification.
This API exposes 5 operations across 3 paths, and defines 8 schemas. It is described by OpenAPI 3.0.0, at version 2.0.
Requests are made against 2 base URLs: https://api.paxos.com/v2, https://api.sandbox.paxos.com/v2.
Metadata
The identity and technical contract details declared by the specification.
Authentication & Security 1
Paxos Settlement API declares
1 security scheme
for authenticating requests.
It supports OAuth 2.0 (OAuth2) using the clientCredentials flow, exposing 36 scopes.
OAuth2— Paxos APIs use [OAuth 2](https://tools.ietf.org/html/rfc6749) with the [client credentials](https://tools.ietf.org/html/rfc6749section-4.4) grant flow. Token U…
Paths & Operations 5
Across 3 paths, the API surfaces 5 operations — 1 DELETE, 2 GET, 1 POST, 1 PUT. Each is listed below with its method, path, parameters, and response codes.
Use the Settlements API to facilitate simultaneous exchange of pre-funded assets. Automate a variety of use cases that require two-party approval, including net settlement of over…
Schemas 8
The contract defines 8 schemas that model the data the API accepts and returns. The most detailed are Transaction (10 properties), CreateTransactionRequest (6 properties), Problem (5 properties), Obligation (4 properties). Each schema is shown below with its type and property counts.
Specification
The full machine-readable OpenAPI contract behind this narrative.
Source
More from Paxos 12
Other APIs Paxos publishes across the network.
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