> ## Documentation Index > Fetch the complete documentation index at: https://docs.compasslabs.ai/llms.txt > Use this file to discover all available pages before exploring further. # Quote an order > Preview a buy/sell quote for a tokenized **equity** (Ondo, e.g. `TSLAon`). Read-only price preview: returns the expected input/output amounts and a system-recommended slippage tolerance to carry into `/order`. Equities only — RWA yield tokens (Midas) have no quote step and are rejected with `422 Wrong trade flow`; trade them via `/transact/buy` and `/transact/sell`. ## OpenAPI ````yaml /v2/combined_spec.json post /v2/tokenized_assets/quote openapi: 3.1.0 info: title: Compass API description: Compass Labs DeFi API version: 0.0.1 servers: - url: https://api.compasslabs.ai description: Production server security: - ApiKeyAuth: [] paths: /v2/tokenized_assets/quote: post: tags: - Tokenized Assets summary: Quote an order description: >- Preview a buy/sell quote for a tokenized **equity** (Ondo, e.g. `TSLAon`). Read-only price preview: returns the expected input/output amounts and a system-recommended slippage tolerance to carry into `/order`. Equities only — RWA yield tokens (Midas) have no quote step and are rejected with `422 Wrong trade flow`; trade them via `/transact/buy` and `/transact/sell`. operationId: v2_tokenized_assets_quote requestBody: content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsQuoteRequest' required: true responses: '200': description: Successful Response content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsQuoteResponse' '400': description: >- `Tokenized Assets Account not deployed` — the requesting `owner` does not have a Tokenized Assets Account on Ethereum mainnet. Call `POST /v2/tokenized_assets/create_account` first. content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsErrorResponse' '404': description: '`Market not found.` — `from_token`/`to_token` is unsupported.' content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsErrorResponse' '409': description: >- `Insufficient liquidity` — no market maker could fill the trade. Try a different size or retry shortly. content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsErrorResponse' '422': description: >- `Wrong trade flow` — an RWA yield token (mTBILL/mBASIS/mBTC) was passed to the equity quote endpoint. Quote/trade it via the swap endpoints (`/transact/buy`, `/transact/sell`) instead. (Standard input-validation 422s use FastAPI's `{detail: [...]}` shape.) content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsErrorResponse' '502': description: >- `Swap service unavailable` — the swap service is temporarily unavailable. content: application/json: schema: $ref: '#/components/schemas/TokenizedAssetsErrorResponse' x-codeSamples: - lang: python label: Python (SDK) source: |- from compass_api_sdk import CompassAPI with CompassAPI( api_key_auth="", ) as compass_api: res = compass_api.tokenized_assets.tokenized_assets_quote(from_token="", to_token="", amount="98.06", owner="") # Handle response print(res) - lang: typescript label: Typescript (SDK) source: |- import { CompassApiSDK } from "@compass-labs/api-sdk"; const compassApiSDK = new CompassApiSDK({ apiKeyAuth: "", }); async function run() { const result = await compassApiSDK.tokenizedAssets.tokenizedAssetsQuote({ fromToken: "", toToken: "", amount: "98.06", owner: "", }); console.log(result); } run(); components: schemas: TokenizedAssetsQuoteRequest: properties: from_token: type: string title: Token description: >- Token the sender is paying. Either an on-chain symbol (e.g. `TSLAon`), the literal `USDC`, or a 0x-prefixed token address. examples: - USDC - WETH - '0xA0b86a33E6441ccF30EE5DdEF1E9b652C91ac1c8' to_token: type: string title: Token description: Token the sender is receiving. Same accepted forms as `from_token`. examples: - USDC - WETH - '0xA0b86a33E6441ccF30EE5DdEF1E9b652C91ac1c8' amount: type: string title: Amount description: >- Human-readable amount of `from_token` to swap (decimal string). Decimals are applied server-side. owner: type: string title: Owner description: >- Wallet that owns the Tokenized Assets Account. Used to verify the account is deployed before quoting; the account address is derived deterministically from this owner. type: object required: - from_token - to_token - amount - owner title: TokenizedAssetsQuoteRequest description: >- Preview a buy or sell quote for a tokenized equity. Read-only: this previews a quote without consuming a ``quote_id`` or committing an order. Use it to surface expected output, fees, and a thin-liquidity warning before the user confirms; pass the same body (plus ``slippage_bps``) to ``POST /tokenized_assets/order`` when they do. example: amount: '100' from_token: USDC owner: '0x29F20a192328eF1aD35e1564aBFf4Be9C5ce5f7B' to_token: TSLAon TokenizedAssetsQuoteResponse: properties: quote: $ref: '#/components/schemas/Quote' description: >- Preview of input/output amounts and fees. Identical shape to the `quote` block on `POST /tokenized_assets/order`. recommended_slippage_bps: type: integer title: Recommended Slippage Bps description: >- Slippage tolerance in basis points (1 bp = 0.01%) the UI should echo back as `slippage_bps` on `POST /tokenized_assets/order`. Derived from the on-chain auction range (`auctionEndAmount` vs `toTokenAmount`) plus a small buffer; capped at 5000 bps. auction_range_bps: type: integer title: Auction Range Bps description: >- Worst-case basis-points gap between the auction's end amount and the reference quote amount. Surfaces as a thin-liquidity warning before the user signs. type: object required: - quote - recommended_slippage_bps - auction_range_bps title: TokenizedAssetsQuoteResponse description: Preview of input/output amounts plus auction-derived risk hints. example: auction_range_bps: 50 quote: est_fill_seconds: 180 fee: amount_usd: '0.06' bps: 6 input: amount: '100' amount_usd: '100.00' contract_address: '0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48' symbol: USDC output: amount: '0.281678' amount_usd: '99.94' contract_address: '0xf6b1117ec07684D3958caD8BEb1b302bfD21103f' symbol: TSLAon recommended_slippage_bps: 100 TokenizedAssetsErrorResponse: properties: error: type: string title: Error description: >- Short human-readable error label (e.g. `Market not found.`, `Insufficient liquidity`, `Order not found.`). message: type: string title: Message description: Human-readable explanation. type: object required: - error - message title: TokenizedAssetsErrorResponse description: >- Standard error envelope returned by every non-2xx response. Surfaced in OpenAPI ``responses`` declarations so SDK consumers can decode failures uniformly without inspecting per-status-code shapes. Quote: properties: input: $ref: '#/components/schemas/TokenAmount' description: Token the sender is paying. output: $ref: '#/components/schemas/TokenAmount' description: Token the sender is receiving. fee: $ref: '#/components/schemas/QuoteFee' description: Aggregate fee. est_fill_seconds: type: integer title: Est Fill Seconds description: Estimated upper bound on time-to-fill, in seconds. type: object required: - input - output - fee - est_fill_seconds title: Quote description: Quote preview returned alongside an order. TokenAmount: properties: symbol: type: string title: Symbol description: On-chain token symbol (e.g. `USDC`, `TSLAon`). contract_address: type: string title: Contract Address description: Ethereum mainnet ERC-20 address. amount: type: string title: Amount description: Human-readable amount as a decimal string. amount_usd: anyOf: - type: string - type: 'null' title: Amount Usd description: USD value of `amount`. type: object required: - symbol - contract_address - amount title: TokenAmount description: A token + amount pair for one leg of the quote. QuoteFee: properties: amount_usd: anyOf: - type: string - type: 'null' title: Amount Usd description: Total fee in USD as a decimal string. bps: anyOf: - type: integer - type: 'null' title: Bps description: Fee as basis points of the input amount. type: object title: QuoteFee description: Aggregate fee charged for the order. securitySchemes: ApiKeyAuth: type: apiKey in: header name: x-api-key description: >- Your Compass API Key. Get your key [here](https://www.compasslabs.ai/dashboard). ````