Apex Docs
  • Overview
  • How it works
    • The Basics of Perpetual Futures and Perpetual Protocol
    • APEX Limit Order Design
    • Comparison with order book exchanges
  • User Guide
    • Add xDai Chain to Your Wallet
    • Acquiring xDAI tokens
    • Getting USDC on xDai
    • Interacting with xDai
    • Spawn your smart wallet
    • Funding your smart wallet
    • Approve Spend
    • Fees
    • Creating Orders
      • Creating Limit orders
  • Order Types
    • Understanding Slippage
    • Market Orders
    • Limit Orders
    • Stop Orders
      • Stop Market
      • Stop Limit
      • Stop Market vs Stop Limit
      • Trailing Stop Orders
  • Developer Guide
    • Smart Contracts
      • Limit Order Book
      • Smart Wallet Factory
      • Smart Wallet
    • Keeper Bots
      • Overview
      • Running your own bot
      • Documentation
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  1. Order Types

Market Orders

PreviousUnderstanding SlippageNextLimit Orders

Last updated 3 years ago

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The equivalent to making a market order on .

You sell or buy a certain quantity to the vAMM.

Trades settle somewhat slower than on centralized exchanges, especially during high volume - to mitigate this, we provide slippage controls, and all trading operations take place on xDai, which is significantly faster than the Ethereum base layer.

By default, up to 0.5% slippage is allowed. Increase or decrease this using the orange gear icon ⚙️.

Review the transaction and exchange fee (separate from the blockchain network fee) and submit the transaction. Next, you'll be asked to sign by your wallet.

Pop-ups will update you on the status of your order.

Trades settle somewhat slower than on centralized exchanges, especially during high volume - to mitigate this, we provide slippage controls, and all trading operations take place on xDai, which is significantly faster than the Ethereum base layer.

Perp.Exchange