- Unlike similar features offered by centralized exchanges, dSLTP uses Orbs-powered decentralized infrastructure.
- By expanding the current integration of Orbs-powered dLIMIT and dTWAP protocols, the launch broadens SushiSwap’s offering.
One of DeFi’s most established decentralized exchanges, SushiSwap, includes dSLTP, the Orbs Layer-3 technology-powered stop-loss and take-profit protocol. Through decentralized stop-loss and take-profit orders, the integration allows users to automate trade execution from the SushiSwap trading interface.
By expanding the current integration of Orbs-powered dLIMIT and dTWAP protocols, the launch broadens SushiSwap’s range of advanced trading capabilities. To manage risk, safeguard profits, and reduce the need for constant market monitoring while maintaining full custody of their assets, users can now set up automatic orders that are executed when predetermined price targets are reached.
Currently, dSLTP is accessible on SushiSwap for Ethereum, Base, Arbitrum, and Katana, giving traders across blockchain ecosystems access to advanced ordering capabilities. Unlike similar features offered by centralized exchanges, dSLTP uses Orbs-powered decentralized infrastructure.
The protocol maintains the configurability and transparency of decentralized finance by enabling stop-order automation without the need for centralized servers, custodians, or off-chain execution mechanisms.
“Stop-loss and take-profit orders are among the most commonly used trading tools, but are largely unavailable in a decentralized environment,” said Ran Hammer, Vice President of Business Development at Orbs. “By bringing dSLTP to SushiSwap, we are giving traders the ability to automate risk management and execution without sacrificing the transparency and self-control that make DeFi unique. It is another milestone in closing the gap between centralized and decentralized trading experiences.”
A variety of execution settings, including trigger prices, optional limit prices, order expiration dates and percentage-based trading strategies, can be configured by traders through the interface. The SushiSwap interface allows direct monitoring, modification and cancellation of orders.
When an asset falls below a certain price, stop-loss orders take effect immediately, allowing traders to reduce their exposure to downside risk under erratic market conditions. Take profit orders allow users to lock in profits in accordance with their trading strategy by triggering when a target price is reached. Combined, the order types provide traders with a framework for automated profit taking and risk management.
The launch is the latest addition to Orbs’ growing collection of decentralized trading protocols. In addition to dLIMIT, dTWAP, Liquidity Hub and Perpetual Hub, dSLTP aims to provide on-chain markets with advanced execution capabilities often associated with conventional finance and centralized exchanges.
Advanced order types are becoming increasingly important for traders seeking greater accuracy, efficiency and control as decentralized exchanges continue to evolve beyond simple token swaps. Now that dSLTP is operational on SushiSwap, customers can access institutional-quality trading capabilities while remaining completely on-chain.
SushiSwap, one of DeFi’s best-known decentralized exchanges, was first introduced on Ethereum in 2020 and is now available on other chains. A leader in community-driven DeFi infrastructure, SushiSwap is a reliable source of on-chain trading volume and offers a wide range of trading and liquidity options.