Stop Loss Orders

LFJ allows you to protect your downside with onchain Stop Loss Orders. Whether you're managing risk on a volatile token or locking in gains before a pullback, stop loss orders can help automate your exit strategy.

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 Stop Loss orders.

---

How Stop Loss Orders Work

Stop Market Orders let you exit a position as soon as the price drops below a specific trigger price. To create this order, you’ll simply set the amount of tokens to sell and the stop price.

If the market hits your trigger price, LFJ’s Aggregator will immediately execute a market sell using the best available onchain liquidity at that exact moment.

Use Stop Market When: You want to get out of a position fast if price breaks below a critical level.

Stop Market orders are subject to price wicks. If there's a sudden drop in a token price due to high price impact trade onchain, you might sell near the bottom of a red candle just before a quick recovery,

---

Fees on TWAP Orders

LFJ charges a 1% platform fee, applied when the trade is executed. This fee is deducted from the output tokens you receive upon sale.

---

Example Scenario

Stop Market Example

• A user holds 1000 $TOKEN and sets a Stop Market order with a stop price of $0.90.

• When price dips below $0.90, LFJ triggers a sell at the best available onchain rate.

• User recieves stablecoins/native asset