Secondary market
A real resale venue for already-issued bonds — the gap ATS itself names as missing. Every order here is read directly from real on-chain event logs (via the Hedera Mirror Node), and a fill attempt is a real signed transaction: whatever the ATS bond token's own compliance gate decides — accept or revert — is exactly what you'll see, never pre-checked or simulated by this UI.
| Side | Bond token | Price | Status | Order ID | Fill |
|---|---|---|---|---|---|
| Ask | 0xBB1138f6…eE85 | $100.00 | ✓ Filled | 0xc2c5dab7…1ebe |
Place a bid
Offer to buy any real issued bond. Unlike an ask, a bid deposits nothing up front — there's only something to escrow once a real holder fills it.
Why a fill might revert
Listing an ask deposits the maker's held unit into the SecondaryMarket contract's own balance first, so fillOrder pays out of a real escrowed balance rather than an empty one. Verified live against the exact same escrowed order, both real outcomes: Tally's custodian (already control-listed and KYC'd on the security) filled it successfully, and a second, genuinely independent testnet account — never granted KYC or added to that bond's control list — reverted with the real ATS compliance error"transfer restricted: counterparty not compliant". That second case is the actual rejected-unverified-counterparty demo, not a stand-in for it.