Limit Orders (Recommended)
Place trades that get automatically filled at specific prices or better, and no longer worry about price execution or slippage.
Limit Orders ensure asset trades occur at predetermined prices. Unlike Instant Swaps, they don't require immediate execution, offering flexibility in volatile markets. This feature is particularly valuable for:
Protecting assets from unfavorable price movements
Managing large trades with reduced risk
Executing complex trading strategies agreed upon by team members
Limit Orders eliminate surprises and failed executions, making them an ideal tool for Squads managing substantial assets in dynamic market conditions.
How to place Limit Orders directly from your Squads account?
Go to either the "Treasury" or "Dashboard" Page.
Find the "Trade" icon and click on "Limit Order" to open a swap pop-up.
Choose the account from which you want to place the Limit Order.
Select the pair you wish to trade (e.g. USDC for SOL) and the amount.
Launch the transaction.
Once the transaction reaches the confirmation threshold and is executed, the Limit Order will be open and filled as soon as the set price is reached.
A 0.2% fee is incurred for every Limit Order placed from the Squads app.
If you trade a token that hasn't been deposited into your Squads account before, you will require at least 0.003 SOL in your account. This amount covers the cost of creating an ATA for the newly deposited token.
Manage Open Limit Orders
When not completely filled, Limit Orders placed from Squads will remain open until the price you have set is reached.
Open Limit Orders can be canceled in the Limit Orders section under the Dashboard page in the Squads app.
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