HydraSwap introduces several new rule based order type
HydraSwap introduces several new rule Based Order Type that will enable traders to achieve greater automation and improved price slippage while executing trades.
⇒IF-DONE Orders:
Rule based orders.
- E.g. leave a BUY ETH/USD order at 2500, if that gets DONE then create a limit order to sell your position at 3000.
⇒Loop Orders:
Introduce a new order type that will enable traders to create looped IF-DONE orders.
- E.g. leave an order to buy at 2500, if it is done then create a limit order to sell at 3000. Run this in a loop!
⇒TWAP (Time weighted average price) Orders:
Want to execute a large order over a long period of time?
- Use TWAP order to execute large trade in small chunks over a period of time. This will allow the AMM liquidity to replenish & execute with a lower price slippage.
⇒Sliceberg Orders:
Split a large trade into smaller chunks.
- Their smart-order engine optimizes the order execution in small chunks. The optimizer creates a series of orders to achieve the best possible execution while allowing for liquidity to replenish
ABOUT HYDRASWAP
HydraSwap is a cross-chain DEX on Solana providing CEX-level trading, supported by a game changing HMM core and powerful multi-module components. The next generation DEX provides cross-chain asset management solutions to traders and liquidity providers (LPs). By creating a seamless cross-chain infrastructure and implementing a game changing market making algorithm, HydraSwap aims to serve the DeFi community in a whole new way as an interconnected ecosystem.
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