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- Dexorder is an on-chain Order Management System (OMS) that holds sophisticated order types and executes them
+ Dexorder is an on-chain Order Management System (OMS) that holds advanced order types and executes them
on the appropriate
- Everyone gets their own personal smart vault, which can hold smart orders as well as tokens. Only you - as the owner of your vault may withdraw funds or manage orders. This smart vault understands your order - specifications and will only trade with Uniswap when all of the order conditions are met. After trading, the - smart vault can also activate stoplosses or other conditional actions like canceling an OCO - (One-Cancels-the-Other) group. + Everyone gets your own trading vault smart contract, which can hold orders as well as tokens. Whenever + your order conditions are met, vault will trade its tokens with Uniswap. After completing a swap, your vault + can also trigger other actions like creating a stoploss order. +
++ Only you the vault's owner may withdraw funds or manage orders in your vault. + The orders in the vault may only trade the tokens in the vault, and your regular wallet is never touched.
- Tokens deposited into your vault are never locked and may always be withdrawn at any time by only you. - If there are active orders in the vault that need those funds, those orders are simply unable to trade, and - they will stay open without being able to execute. If you put tokens back into your vault when there are open - orders, those orders will automatically resume and trade the newly available funds. + Tokens deposited into your vault may always be withdrawn at any time by only you. Funds are never locked + by the vault. If active orders in the vault need those funds, those orders are simply unable to trade, and the + orders will stay open without being able to execute. If you put tokens back into your vault, any open orders + will automatically resume and trade the newly available funds.
- Since your smart vault can see all your tokens and orders, it also provides Cancel All and + Since your trading vault can see all your tokens and orders, it also provides Cancel All and Sell Everything functions to augment your risk management when markets move fast.
Dexorder watches the market to know when your order conditions have been met, and then activates your vaults
- with any orders could trade immediately. The smart vaults do not trust Dexorder's activation message and perform
+ with any orders could trade immediately. The trading vaults do not trust Dexorder's activation message and perform
an extensive check of the order conditions before agreeing to send an actual order to a Uniswap pool. Dexorder
never has access to vault funds and cannot change any orders. Dexorder is only able to activate the vault and
provide gas at the correct times.
@@ -48,7 +50,7 @@
- Use Dexorder smart vaults for sophisticated order management when trading with your favorite Power Up