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.

Last updated