It Does Limit Orders. Most People Never Asked ๐
$HYPE normalised serious onchain order types and $JUP made routing something you stopped thinking about. The gap left behind is that plenty of traders still do everything at market because the alternative looked like work.
The Bankr terminal takes order instructions in plain language. Limits, stops, DCA schedules, TWAP execution.
This is the part of the product people are most surprised by, because the public impression is a bot that swaps.
Consider what each of those actually is. A limit is patience expressed as a rule. A stop is a decision made while you are calm rather than while you are watching. DCA is the admission that you cannot time it. TWAP is how you move size without being the reason the price moved.
Those are the four tools that separate a process from a reaction, and historically each required either a specific venue or a script.
Being able to say what you want in a sentence does not make the strategy correct. A badly placed stop is still badly placed, and scheduled buying through a downtrend is still buying through a downtrend.
What it removes is the excuse. Nobody skips a stop loss because they lack conviction about stops. They skip it because the interface made it a chore.
#DeFi #Trading
$HYPE normalised serious onchain order types and $JUP made routing something you stopped thinking about. The gap left behind is that plenty of traders still do everything at market because the alternative looked like work.
The Bankr terminal takes order instructions in plain language. Limits, stops, DCA schedules, TWAP execution.
This is the part of the product people are most surprised by, because the public impression is a bot that swaps.
Consider what each of those actually is. A limit is patience expressed as a rule. A stop is a decision made while you are calm rather than while you are watching. DCA is the admission that you cannot time it. TWAP is how you move size without being the reason the price moved.
Those are the four tools that separate a process from a reaction, and historically each required either a specific venue or a script.
Being able to say what you want in a sentence does not make the strategy correct. A badly placed stop is still badly placed, and scheduled buying through a downtrend is still buying through a downtrend.
What it removes is the excuse. Nobody skips a stop loss because they lack conviction about stops. They skip it because the interface made it a chore.
#DeFi #Trading