Stop Orders

A stop order is an instruction to buy or sell a token when its price reaches a predetermined level. Stop orders are useful for limiting loses (i.e. stop losses) or for automating an entry when a token's price breaks through a key level.

On traditional order books, stop orders are conditional orders that enter the book when the stop price is hit. On AMM-based exchanges, ChainPro mimics stop orders by setting the stop price as the minimum price you will pay for buys and the maximum price you will pay for sells. The order triggers when the stop price is hit.

Stop-Market Orders

ChainPro stop-market orders activate at your specified stop price, instantly executing as a market order to buy or sell at the best available price.

Stop-Limit Orders

A stop-limit order on ChainPro triggers at your specified stop price, converting into a limit order that executes only at or better than your defined limit price. Your limit price protects you against fast price movements or excessive slippage in volatile markets.

Stop-TWAP Orders

Start a TWAP at a stop price. Stop-TWAPs can be useful when a trader wants to enter or exit a large position at a key level and price ranges can be used to ensure the token continues to demonstrate strength when buying or weakness when selling.

Similar to regular ChainPro TWAPs, you can specify a price range at which you want the TWAP to execute after the stop is hit.