Sushiswap has integrated a stop-loss and take-profit protocol powered by Orbs’ Layer-3 infrastructure, enabling traders to automate risk management and profit-taking directly on-chain while maintaining full custody of their assets.
Sushiswap Adds On-Chain Stop-Loss and Take-Profit
The decentralized exchange introduced dSLTP, a protocol that allows users to predefine price thresholds for stopping losses or realizing gains. When market conditions meet the set parameters, trades are executed via smart contracts on supported Sushiswap deployments, removing the need for centralized intermediaries or off-exchange bots.
Decentralized Automation Without Centralized Risks
By leveraging Orbs’ Layer-3 technology, the integration is designed to offer automated order execution without users relinquishing control of their funds. Orders are created and settled on-chain, aiming to reduce counterparty risk and eliminate the custodial trade-offs associated with centralized exchanges or third-party automation services.
How It Works
- Traders define stop-loss and take-profit parameters for specific trading pairs.
- The protocol monitors price conditions and triggers execution once thresholds are reached.
- Settlement occurs directly on-chain, with assets remaining in the user’s wallet until execution.
Why It Matters
Advanced order types such as stop-loss and take-profit are widely used in traditional and centralized crypto markets but have been less accessible in decentralized trading. Sushiswap’s integration of Orbs-powered automation brings familiar risk controls to DeFi while preserving the non-custodial model, potentially improving user risk management and reducing the need for continuous manual monitoring.