Limit Orders
LFJ allows you to place limit orders onchain. Set a buy or sell price for your token, and LFJ will track on-chain liquidity, executing your trade as soon as the market hits your specified price.
Limit Orders are available directly on the terminal page for every token. You can create a limit order using native assets or stablecoins (like $ETH, $AVAX, or $USDC) to buy or sell any token on supported chains.
Access the terminal page for a token by searching it in the search bar, clicking on a token from the homepage screener, or clicking on a token in your watchlist. From here, you will then be able to create your limit orders.
How Limit Orders Work
LFJ Limit Orders do not operate like a traditional order book. Instead, after you place a limit order, LFJ's Aggregator will monitor all available liquidity onchain and execute your trade when liquidity is available at your set price.
Once executed the user will receive the tokens quoted, minus the platform fees charged by LFJ.
Users are also able to select an expiry time for their order, after which it will no longer be executed. Users will have to manually claim their funds from unfilled orders that expire before executing.
Fees on Limit Orders
LFJ charges a 1% platform fee on all Limit Orders, applied at the time of execution. This fee is deducted from the output amount you receive when your order fills.
Example Scenario
A user places a limit order to buy 1 $AVAX with 100 $USDC at a price of 100 USDC per AVAX.
LFJ's Aggregator monitors market prices onchain.
When LFJ Aggregator detects sufficient liquidity at the target price onchain, it will execute the limit order.
Completed trades are automatically sent to the user, delivering 0.99 AVAX to the user's wallet after platform fees.
Key Benefits
CEX-like experience on-chain -- Set limit orders without needing constant market monitoring.
Aggregated liquidity -- LFJ sources from multiple DEXs and AMMs for best execution.
Guaranteed execution price -- No slippage; orders execute only at your set price.
MEV protection -- Your limit orders will never be front-run.
Cancel Anytime -- Orders can be canceled with 1 click.
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