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Introduction to limit Orders
A limit order is a tool from CeFi in which users can buy or sell assets at a specified price or better, instead of relying on the market price at the time of execution. In a limit order, while the price is guaranteed, the order being executed is not - limit orders will be executed only if the price meets the order qualifications.
THENA has integrated the dLIMIT protocol, powered by Orbs, that brings this order type to DeFi in a decentralized manner. Users can use this tool to create decentralized limit orders by following the directions below.
The dLIMIT protocol for DEXs ensures that limit orders are executed at an optimal price and at fair fees, in a decentralized and reliable manner.
Last modified 5mo ago