Limit Order
A one-time buy or sell order that executes at a specified price, utilizing limit orders to establish precise entry and exit points. For example, "Buy ETH at $1600".
Benefits of HydroTrade:
Irreversible: Similar to a limit order on a centralized exchange, orders cannot be undone if the market retraces.
Adjustable: Easily modify orders without needing to withdraw funds. Make on-chain adjustments, saving time and gas.
Zero Slippage: Receive the price you set without any slippage.
MEV - Sandwich Attack Resistant: Its irreversible nature makes it resistant to MEV sandwich attacks.
While existing DeFi projects have attempted to integrate limit orders into AMM models, these efforts have often fallen short of replicating the functionality of a true limit order system, relying on external third parties such as keepers and/or oracles. HydroTrade addresses this gap with its purpose-built product, tailored specifically for genuine maker orders without depending on third parties. HydroTrade ensures on-chain transparency in liquidity and settlement processes, representing a significant advancement in DeFi capabilities.
Last updated