Advanced execution

Passive and aggressive execution algorithms: Chase, TWAP, Swarm, Scale, and more.

Choose your execution

Pick the order type that fits your price, speed, and risk.

Chase

Fill fast as a maker

A post-only limit order placed one tick inside the other side of the book. It reprices as the market moves until it fills.

PostedRepricing with the bookFilled as maker

Chase TWAP

TWAP with maker fills

Splits the order into 30-second clips and works each one as a chase order. Unfilled size is swept at market on a schedule, so the order still finishes on time.

Limit

Trade at your price

Fills at your price or better, or not at all. It stays on the book until it fills or you cancel it.

Resting at your priceFilled

Market

Fill right now

Fills immediately at the best price in the book, up to your max slippage. The default is 8%.

Order placedFilled

Scale

Average into a position

Places up to 100 limit orders across a price range. Size skew sets how the size is split between them.

Stop Limit

Trigger a limit order

When price hits your trigger, a limit order is placed at your price. If price jumps past your limit, it may not fill.

Waiting for triggerLimit restingFilled

Stop Market

Trigger a market order

When price hits your trigger, a market order is sent. In a fast market the fill can be worse than your trigger.

Waiting for triggerMarket order sentFilled

Swarm

Large size in seconds

Splits the order into up to 200 small clips, sent a few at a time. The book refills between clips, so you get less slippage than one big market order.

Take Profit

Exit at your target

Closes all or part of your position when price reaches your target, as a market, limit, chase or TWAP order.

Position openWaiting for targetTarget hit, position closed

Stop Loss

Limit your loss

Closes all or part of your position when price hits your stop, as a market, limit, chase or TWAP order.

Position openStop in placeStop hit, position closed

Trailing Stop

Lock in gains as price moves

A stop that follows price as it moves your way and never moves back. It triggers when price reverses by the distance you set.

Trailing new highsHolding on reversalTriggered, exit at market

TWAP

Spread a large order over time

Splits the order into equal parts, one every 30 seconds over the duration you set. With Stealth on, it runs on Hyperdash instead of on-chain.

Trade like the 1%