Limit Order
Last updated
Last updated
Unlike CeFi exchanges, where markets are predefined between two fixed assets (i.e., ETH/BTC, BTC/USD, etc.), DeFi swaps can trade between any two tokens thanks to smart order routing across DEXs.
Definitive enables traders to configure Limit orders between any two tokens with a limit price and will execute the trade as soon as the limit price can be achieved.
Limit prices can be set in Notional USD terms, regardless of the token pair being traded.
Fees: 25-50 bps. See Staking page for detailed rates.