Limit
Trade On Your Own Terms
Introduction
Panora Limit Orders give you full control over your trading strategy. Set your desired token prices in advance, and once market conditions meet your criteria, the trade is executed directly on-chain by Panora’s decentralized network of executors. You can easily place, update, or cancel limit orders at no additional cost using Panora’s intuitive interface.
No need to constantly watch the markets or wait for the perfect moment. Panora executes your trades automatically when market conditions meet your preset price, and in some cases, you may even receive more tokens than anticipated. Most importantly, your assets remain fully in your control until a suitable match is found and the trade is finalized. The Panora Interface offers a streamlined interface to create, adjust, and monitor all your limit orders with ease.
User Guide
These guides are built for traders who prefer a hands-off approach to market execution. By setting specific price targets, users can let their trades trigger automatically—no constant monitoring needed. Panora Interface offers a clean and user-friendly dashboard to keep track of all active and historical orders with ease.
Connect Wallet
To begin, connect your wallet using the “Connect” button located at the top-right corner of the interface, or directly through the “Connect Wallet” option within the DCA widget.
Create a Limit Order
Step 1: Select token pair
You can either do this manually using the individual token selection buttons on the limit screen or by searching for your desired token pair using the search field.
Step 2: Configure your order amount
Specify the amount you would like to offer by typing in an amount manually into the “You Selling” field. Please ensure that your wallet balance is sufficient to cover the order amount.
Step 3: Configure your order price
Set the price by manually entering a price at the rate field. This will calculate an estimate of the amount you should receive in the “You're Buying” field. Panora will provide you with a percentage estimate of how much more favorable/unfavorable to you (the market maker) the specified price is relative to the current market price.
Step 4: Specify the time limit of your order
If your order is not filled by the end of this time limit, it will be automatically cancelled. You can either select from a list of set times or specify a custom expiry time and date. Note that you can still manually cancel your order (or any unfilled portion of your order) before it expires.
Step 5: Review and confirm your order
Once you are satisfied with the details of the limit order, click “Create Order” to proceed.
Once the order has been confirmed you should see it appear in the Active Orders screen of the limit interface.
Note: When your order is completely filled it will be moved to the Completed tab of this interface.
Cancel a Limit Order
Find the active limit order you would like to cancel and click on its red Cancel button.
Fees: Currently, 1% fees are levied for Limit orders on the Panora interface.
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