dTWAP order by orbs_network now available through pangolindex $ORBS $PNG $AVAX
This type of trading order works like a TWAP order on forex, stocks and commodities trading platforms. With TWAP, large orders are split into smaller sub-orders, reducing the price impact regardless of overall liquidity. TWAP implementation removes the risks of price slippage that are irritating for the majority of trading strategies.
A new type of order can be accessed in Pangolin DEX; its button is located next to"Market" and"Limit" so that users are able to switch between different types of orders and choose an appropriate flexible trading strategy.When submitting an order of the dTWAP type, a user can set various parameters: the total duration of the order, the size of each trade , as well as the trading interval between different orders.
In December 2022, dTWAP by Orbs Network was integrated by SpiritSwap while two DEXes, SpookySwap and QuickSwap, are in the process of integration.As covered by U.Today previously, since mid-December, ORBS token of Orbs Network is natively available on The Open Network blockchain.
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