Market Orders
Last updated
Last updated
The equivalent to making a market order on Perp.Exchange.
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.