All Or None (AON)

An order that can’t be partially filled.

How it worksAll or None order explainedThis conditional parameter can be attached to most orders and ensures that the whole operation can be done at the same time in a single transaction, or it waits on standby until it can be successfully executed. This parameter is similar to a fill or kill order, except it remains active indefinitely until its set conditions are met, or is canceled.
Illustrative AXO price: 12.5 ADA
Use case

How it is used

Yuri wants to participate in the latest HOSKY NFT whitelist, to do so, he needs to have 5 billion HOSKY tokens in his wallet. As such, he sets an all or none limit order so that he can acquire the full amount of tokens in a single trade while ensuring a fixed execution price.
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