TP/SL Order

Take-Profit Orders

Trigger market order when price reaches profit target. Used to lock in gains automatically.

Parameters:

• instrument: Trading pair

• side: Opposite of position direction

• size: Position size to close

• triggerPrice: Target price

Stop-Loss Orders

Trigger market order when price reaches stop level. Used to limit losses on existing positions.

Parameters:

• instrument: Trading pair

• side: Opposite of position direction

• size: Position size to close

• triggerPrice: Activation price

Execution: Off-chain operators monitor prices continuously. When trigger price reached, order converts to market order and executes onchain immediately.