Stop Order

Stop orders allow traders to easily manage risk in volatile crypto markets

Stop Order

A stop order triggers a market order when an asset reaches a specified stop price. Stop orders are commonly used for risk management, helping traders protect profits or limit losses without needing to constantly monitor the market.

There are two main types of stop orders:

• Stop-Loss Order – Triggers a market sell order when the asset price falls to or below a specified stop price.

• Stop-Buy Order – Triggers a market buy order when the asset price rises to or above a specified stop price.

Using Stop orders on Definitive

• Set resting stop orders on any token

• Stop prices can be set in Notional USD values, regardless of the token pair being traded

• Easily set stop orders using -10%, -25% and -50% presets for seamless risk management

Fees: 25 bps