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mDuo13
2018-05-11 17:31:56 -07:00
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content/references/rippled-api/ledger-data-formats/ledger-object-types/offer.md
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The `Offer` object type describes an offer to exchange currencies, more traditionally known as an _order_, in the XRP Ledger's distributed exchange. An [OfferCreate transaction][] only creates an `Offer` object in the ledger when the offer cannot be fully executed immediately by consuming other offers already in the ledger.
An offer can become unfunded through other activities in the network, while remaining in the ledger. However, `rippled` automatically prunes any unfunded offers it happens across in the course of transaction processing (and _only_ transaction processing, because the ledger state must only be changed by transactions). For more information, see [lifecycle of an offer](reference-transaction-format.html#lifecycle-of-an-offer).
An offer can become unfunded through other activities in the network, while remaining in the ledger. However, `rippled` automatically prunes any unfunded offers it happens across in the course of transaction processing (and _only_ transaction processing, because the ledger state must only be changed by transactions).
For more information, see [Offers](offers.html).
## Example {{currentpage.name}} JSON