Orders and Positions
Default Orders
Default mode covers the standard Market and Limit order flows.
| Order Type | What It Does |
|---|---|
| Market | Initiates an order request intended to use available liquidity immediately |
| Limit | Initiates an order request at a specified price |
Limit orders require a valid price and size. The price must be compatible with the market's tick size. Limit orders support Reduce Only and TP/SL where available. Time in force defaults to GTC.
Pro Orders
Pro mode includes advanced order types:
| Order Type | What It Does |
|---|---|
| Scale | Creates a ladder of limit orders across a defined price range |
| Stop Market | Initiates a market order request when the stop trigger condition is met |
| Take Market | Initiates a market order request to take profit when the trigger condition is met |
| TWAP | Executes a total size over time through scheduled child orders |
TWAP rules:
- Running time must be between 5 minutes and 24 hours.
- Child orders run every 30 seconds.
- Each child order must be at least 10 USDC.
Stop Market and Take Market are trigger orders. Before they trigger, they appear in Open Orders.
Positions
Use Trade or Portfolio to review and manage active positions.
Open Orders
Use Open Orders to manage active non-TWAP orders, including trigger orders before they fire.
Open orders can be canceled. Market orders usually do not stay in Open Orders because they normally fill or fail immediately.
TWAPs
Active TWAPs can be terminated. Parent-order history and child-order fills remain available for review.