As reported by Crypto.News, Orbs has launched dSLTP, the first decentralized stop order protocol for decentralized exchanges (DEXs). The protocol allows users to execute on-chain stop-loss and take-profit orders without relying on centralized intermediaries. dSLTP is part of Orbs' Advanced Trading Orders Suite, which also includes dLIMIT and dTWAP. The system supports both stop-market and stop-limit orders, offering DEX users advanced automation tools previously available only on centralized exchanges. Stop-loss orders help limit downside risk, while take-profit orders lock in gains at target levels. dSLTP aims to enhance DeFi trading by providing CeFi-grade features directly on-chain.
Orbs Launches dSLTP, First Decentralized Stop Order Protocol for DEXs
OdailyShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.