TWAP Order

Time Weighted Average Price (TWAP)

TWAP orders break-up entries and exits over time to reduce the price impact of the entire order. As with Limit Orders, ChainPro TWAPs are entirely private and triggered off-chain.

ChainPro automatically jitters your purchase amounts and execution times to prevent others from predicting when and for how much you will trade a token.

You also have the option to specify a price range for your TWAP order. Since TWAPs are time driven, if it's time to execute your transaction and the token's price has moved out of the specified price range, ChainPro will wait for the price to move back into the range before executing the transaction. Subsequent transactions in the TWAP will follow the same timing pattern as originally set by the TWAP even if the previous one was paused due to price movement.

For example, say you were to TWAP Fartcoin over 3 orders, every 1 minute, between the prices of $1 and $1.1. The current price of Fartcoin is $1.05.

• The first order will execute

• The price of Fartcoin now moves out of range, to $1.11

• The second order will wait to execute

• 5 minutes later, the price moves down to $1.08. The second order immediately executes

• 1 minute later, the third order executes