Customer reference
Your identifier for the end user, passed ascustomer.reference on order creation.
Encryption key (enc_*)
Secret used to HMAC-sign sk_* requests and verify outbound webhooks. Never sent as a Bearer token.
Escrow
On-chain holding of crypto during offramp and swap until the other leg completes. See Escrow.Exchange rate / pricing
Conversion betweenfrom and to legs, returned as pricing.exchange_rate.
KYB (Know Your Business)
Partner verification in the portal, required before quote and order writes.KYC (Know Your Customer)
Identity verification you perform on your end users. Required for onramp and offramp (preferably via a KYC provider). Not required for swap. Partner KYB does not replace customer KYC.Leg (from / to)
The two sides of a trade. Each leg uses currency and amount; crypto legs also include network. Order type is inferred from the legs.
Liquidity provider
An independent party that supplies inventory and fulfils routed orders. You do not call providers directly.Merchant reference
Your reconciliation key on an order (merchant_reference). Use a unique value per intended order.
Order reference
Liquidramp order ID, typicallyORD-…. Use this on get, cancel, and fulfill.
Pay-in (payin)
Deposit instructions for the customer — a bank account (onramp) or crypto address (offramp/swap).
Payout (payout)
How funds were delivered. Omitted unless you pass ?include=payout.
Public key (pk_*)
Credential for read requests (reference data, rate preview). HMAC is not required. The same reads can be made with sk_* from your backend.
Quote
A reserved rate (quote_id) used when creating an order. Expires after ttl_in_seconds.
Secret key (sk_*)
Backend-only credential for reads and writes. Every sk_* request requires HMAC signing with enc_*.