# API Liquidity @ Caladan

At [Caladan](https://caladan.xyz/), we believe that accessing digital asset liquidity should be seamless, fast, and tailored. Our Linear RFQ (Request-for-Quote) protocol is built for funds, HFTs, OTC desks, and institutional traders who demand tight spreads, predictable execution, and transparent pricing — all via a robust crypto trading API.

This site describes the **Financial Information eXchange (FIX) protocol** used by Caladan’s liquidity taker gateway with no-touch bilateral spot trading (perpetuals coming soon). Our protocol ensures low latency, deterministic execution, and consistent market access.

<table data-header-hidden><thead><tr><th></th><th valign="top"></th></tr></thead><tbody><tr><td><p><strong>Effortless Connectivity</strong></p><p>Seamless integration built for automated trading desks via industry-standard FIX API (4.2, 4.4, 5.0.) or leading partners including Talos, CrossX, Hidden Road, and Finery Markets.</p></td><td valign="top"><p><strong>40+ Tokens</strong></p><p>Our list of supported tokens continuously evolves to meet evolving market demand, and we welcome requests for new listings.</p></td></tr><tr><td><p><strong>99.9% Uptime</strong></p><p>Experience uninterrupted access to live market data through an API engineered for consistent performance.</p></td><td valign="top"><p><strong>Spot and Linear Derivative Products</strong></p><p>Executable streaming price for spot and linear derivative products. </p></td></tr><tr><td><p><strong>24/7 Global Market Access</strong></p><p>Quote, trade, and settle around the clock. Our infrastructure supports continuous execution across time zones and market conditions.</p></td><td valign="top"><p><strong>Multiple Settlement Options</strong></p><p>24/5 settlement in a range of stablecoins and fiat currencies.</p></td></tr></tbody></table>

## Learn how to make your first trade

The **Financial Information eXchange (FIX) protocol** enables bi-directional electronic messaging between clients and Caladan. You can learn more about the protocol at the official FIX Trading Community website [here](https://www.fixtrading.org). Our API reference describes the interactions necessary to connect via FIX, covering trading flows, message types, and best practices.

Explore the API reference and step-by-step guides to execute your first trade.

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Email us at <partnerships@caladan.xyz> to discuss integration or enterprise needs.
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