Range Orders
Range orders are an innovative feature offered by MoolaNet that allows users to customize their swapping preferences according to their desired price range. Unlike traditional trading platforms where users are restricted to executing trades at a fixed price, MoolaNet enables users to specify a range within which they are willing to execute their swaps. This feature provides users with greater flexibility and control over their trading activities.
By setting a price range, users can define the acceptable price boundaries for their trades. For example, a user may set a range of $100 to $110 for a particular token swap. This means that the user is willing to execute the swap as long as the price falls within that range. If the current market price of the token is within the specified range, the swap will be executed at the prevailing market rate. However, if the market price falls outside the specified range, the swap will not be executed.
Range orders are particularly useful in volatile markets where prices can fluctuate rapidly. By setting a price range, users can mitigate the potential impact of sudden price movements and reduce the risk of unfavorable execution prices. This feature allows users to have more control over their trades and helps protect them from significant slippage.
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