Recurring Orders
Enable perpetual trading through linked buy and sell orders. Representing an innovative approach to automated trading strategies akin to grid trading or utilizing a DEX trading bot, recurring orders center around executing "buy low, sell high" trades repeatedly.
For example, you could configure a recurring order to buy ETH between $1,900 and $1,800 and sell it between $2,100 and $2,200, with the option to initially fund one or both orders. Once tokens are acquired in a buy order, the liquidity automatically transfers to the linked sell order, establishing a self-perpetuating trading loop. This cycle operates continuously without requiring manual intervention, enabling users to compound profits through a tailored, self-sustaining trading strategy.
Benefits:
Rotating Liquidity: Tokens obtained in a buy order immediately support the linked sell order, and vice versa, allowing for compounding profits with a custom trading strategy designed to run continuously.
Provide Just One or Both Tokens: With rotating liquidity, users can create orders with tokens they do not yet possess, providing the option to add liquidity to either one of the linked buy and sell orders.
Adjustable: Easily modify orders without withdrawing funds. Adjust orders on-chain, saving time and gas.
No Trading or Gas Fees on Filled Orders: Makers incur no gas fees when a trade is executed, and there are currently no maker fees on HydroTrade.
Irreversible: Once orders are filled, they cannot be undone even if the market retraces.
Partial Fills: Orders can be partially filled and remain irreversible.
Zero Slippage: You receive the price you set without any slippage.
MEV - Sandwich Attack Resistant: Due to its irreversible nature.
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