Limit Orders
Set it and forget it
Last updated
Set it and forget it
Last updated
Pangolin Exchange ยฉ 2023
Pangolin is the first Avalanche-native DEX that will allow you to set limit orders for any token on the platform.
Note: Limit Orders are only available on Avalanche.
Limit orders allow you to get your swaps at desired prices by leaving instructions to fill buy or sell orders at specific prices. The trade will only be executed if the price on Pangolin reaches your limit price (or better).
Note: A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.
Go to https://app.pangolin.exchange/#/swap and toggle to "LIMIT" in the Trade widget.
Select the Tokens to swap, enter the amount and desired price to execute. Click "Place Order" and then "Confirm Order". Confirm in Web3 wallet. Done.
Once you place your order, it will populate in the Limit Orders section. Here you can track its progress and cancel if necessary.
There are some fees involved. Notably, if there is increased volatility and gas prices are high, the Gelato bots that fill your order will cover the cost and charge a small fee. Also, if you need to cancel an order, you will be charged gas fees.
Note: Slippage on limit orders is set to 0.4% and cannot be changed. We cannot guarantee your order will get executed so exercise caution when arbitraging.
Limit orders are executed when they reach their desired price, however, due to gas fluctuations, the actual execution price might vary from the price you specified on the interface. Usually, the execution price and the desired price should be almost identical, however, if you submitted a particularly small order (~<1000$) the execution price might be slightly higher to account for fees.
Therefore your order may not be executed because:
It wasnโt possible to fill the whole order at the desired price and amount due to price impact.
One of the tokens in the limit order has tax on transfer (see below).
Before submitting an order, please check the UI denoting the real execution price.
Note: The order history table gets the data from Subgraph and can show slightly delayed information.
Open orders will remain open indefinitely until they get executed or being cancelled by users.
No. The tokens with a fee on transfer should not be used with limit orders.
The order history comes from the subgraph and therefore might show slightly delayed information. Usually, delays are no longer than a couple of minutes at worst.
To sell below market price, you need Stop Limit Orders, not limit orders.
