How to Use Stop-Loss Orders

Protect Your Trades with Stop-Loss

Stop-loss orders automatically sell your position if the price drops, limiting your losses.

Step 1: Open the DEX

Go to DEX > Trading and select your trading pair.

Step 2: Select Stop-Loss Order Type

Click on the order type dropdown and choose "Stop" or "Stop-Limit"

Step 3: Set Your Stop Price

Enter the price at which you want the order to trigger. For example, if you bought at $100 and want to limit loss to 10%, set stop at $90.

Step 4: Set Limit Price (Stop-Limit Only)

For stop-limit orders, also set the limit price (the minimum price you'll accept).

Step 5: Enter Amount

Enter how much you want to sell when triggered (can be your full position or partial).

Step 6: Place Order

Click "Place Stop Order" and confirm in your wallet.

What Happens Next

If price drops to your stop price:

• Stop: Sells immediately at market price
• Stop-Limit: Places a limit order at your specified price

Pro Tips

• Set stop-loss 5-10% below entry price
• Don't set it too tight (normal volatility might trigger it)
• Adjust stop-loss as price moves in your favor
• Consider using trailing stop-loss for trending markets