Order Functionality

Learn how different order types work

Market Order

The market order is executed at the best available market price. Traders do not need to set a price, which allows the order to be executed immediately. Although the Market Order guarantees the execution of the order, the execution price cannot be guaranteed. This is due to consideration of Price Impact and Slippage Tolerance in addition to the execution price when executing via AMM. When traders need to enter or exit a volatile, fast-moving market, market orders are generally used.

Additional functions

Close Market

Close Market can be used to close a position partially or completely. If you click on "Market" in the "Close" column of an active position.

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