Bullet
  • Introduction
  • Bullet Network
    • Design Goals
    • Architecture
      • Sequencer
      • Full & Light Nodes
      • Zero-knowledge Virtual Machine
      • State Database
      • Data Availability
      • Bridge
      • Oracle
      • Gas & Paymaster
      • Wallet Abstraction
    • Network Specifications
    • Build on Bullet
      • REST/WS APIs
      • BulletSVM
    • Audits
  • BulletX (Exchange)
    • Products
    • Architecture
      • Orderbook
      • Unified Margin Engine
      • Lending Engine
      • Liquidation
      • Insurance Fund & ADL
      • Funding
      • Price Indices
      • Order Types & TP/SL
      • Fees
      • Vaults
    • Contract Specifications
  • Tokenomics
    • Bullet Token
    • ZEX Token Migration
  • FAQs
    • Frequently Asked Questions
  • Campaigns
    • Testnet Trading Cup
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On this page
  • Order Types
  • Conditional Orders
  • Price Conditional
  • Time Conditional
  1. BulletX (Exchange)
  2. Architecture

Order Types & TP/SL

This section outlines the order types and conditional orders available on our exchange.

Order Types

  • Limit (GTC): Buy/sell at a specified price or better, remains active until filled or cancelled.

  • Fill or Kill (FOK): Must fill the entire order immediately, otherwise cancelled.

  • Immediate or Cancel (IOC): Fills any portion immediately, cancels the rest.

  • Post Only: Ensures your order adds liquidity, will not cross existing orders.

  • Post-Only Slide: If crossing, places order 1 tick away from the opposing best price.

  • Post-Only Front: If crossing, places order 1 tick above the best price on the same side.

  • Time In Force (Coming Soon): Order expires if not filled within a set time.

Conditional Orders

Price Conditional

Able to be triggered by either the oracle, mark or last traded price.

  • Take Profit: Automatically closes your position with a market order when the trigger price is reached, securing profits.

  • Stop Loss: Automatically closes your position with a market order when the trigger price is reached, limiting losses.

Time Conditional

  • TWAP (Coming Soon): Automatically places orders at a predefined cadence, perfect for minimizing market impact or DCA strategies.

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Last updated 1 month ago