Kodiak Finance, a decentralized trading and liquidity platform, has integrated Orbs’ Layer-3 infrastructure provider’s dSLTP protocol, adding decentralized stop-loss and take-profit order functionality to Berachain, according to an announcement shared with Finbold on March 10.
The integration introduces conditional onchain execution orders for Kodiak, allowing users to automate trades based on predefined price levels.
The update allows traders to set stop-loss and take-profit conditions directly through the platform without relying on centralized systems or manual monitoring.
Added onchain risk management tools to Kodiak
Kodiak had previously integrated Orbs’ dTWAP and dLIMIT protocols and is now the first decentralized exchange on Berachain to deploy dSLTP.
The protocol allows users to configure automated stop-loss and take-profit conditions for each swap, expanding the exchange’s trading functionality with additional risk management tools.
According to Orbs, dSLTP supports parameters such as trigger price, optional limit price, expiration date and other customizable execution settings. The protocol is designed to operate in a permissionless and configurable manner, allowing decentralized exchanges to offer advanced order types while maintaining full onchain execution.
“Kodiak’s integration of dSLTP reflects growing demand for advanced risk management tools for onchain traders,” said Ran Hammer, VP of Business Development at Orbs. “Bringing decentralized stop order automation to Berachain means traders have access to the same powerful execution tools they expect from centralized platforms, while maintaining the transparency and self-control benefits of DeFi.”
The implementation also includes an interface for setting stop order conditions, such as trigger thresholds and expiration parameters.
Orbs said the integration is part of its broader Layer-3 trading suite, which also includes dLIMIT for limit orders and dTWAP for dollar-cost averaging (DCA) strategies.
Featured image via Shuttertsock.