Helps DeFi users to trade professionally, offering greater flexibility and efficiency
OpenOcean upgraded limit order functionality to help traders to execute trades better. The execution mechanisms for limit orders have been enhanced to be more efficient. On top of the current RFQ feature, we have combined the AMM mechanism to find better price quotes than are available anywhere, on any DEX or Aggregator. With the advantage of the combination of both mechanisms together with OpenOcean’s aggregated deep liquidity across almost all major DEXs, OpenOcean limit order function significantly increases the limit order fulfill rate, which helps users to secure even tiny trading opportunities easily.
Besides, our limit orders do not lock tokens from traders when order placed. However, if there's not sufficient funds after the order is placed, the order will not fill. Plus, users don’t need to pay gas fees to create or cancel orders.
Our upgraded limit orders are now supported on all available listed tokens across our 5 supported chains, Ethereum, BNB Chain, Avalanche, Fantom, and Polygon. Users can now access limit orders on all token pairs, including pairs without pools. Our routing algorithm will find the most efficient paths for the swap, even if a pool does not exist on a DEX for the pair.