Take Profit/Stop Loss
Set automated exit prices to lock in gains or cap losses on any open position.
TP/SL Overview
Take Profit (TP): Automatically closes your position when the asset hits your target price, locking in profit without requiring you to monitor the trade.
Stop Loss (SL): Automatically closes your position if the price moves against you past a set level, capping your downside.
⚠️ During rapid price movements, a liquidation may execute before a Stop Loss triggers. SL orders reduce risk but do not guarantee protection against liquidations.
Setting Up TP/SL Orders
After opening a position, set your TP/SL prices:
Go to the Active Positions section.
Click the TP or SL button next to your position.
Set your price using one of two methods:
Trigger Price: Enter the exact price at which you want the order to execute.
Estimated ROI: Enter your target ROI and the system calculates the corresponding trigger price.
Confirm with a gasless signature.
Execution
When the asset's price reaches your TP or SL trigger, the order executes onchain automatically. Your position closes at the best available market price. A one-time execution fee covers the gas cost of the onchain transaction.
Managing Active Orders
Track and modify your TP/SL orders from the Open Positions section. Active TP/SL orders are indicated by lit-up buttons next to each position. You can update or cancel any order before it triggers.
TP/SL orders are tied to the trigger price you set. Because borrow fees accrue over time, your estimated ROI for a given TP or SL level may gradually decrease.
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