Order

1. Market Order

1. Market Order executes immediately at the current market price, prioritizing speed over price.

2. DVX executes all orders on third-party exchanges as market orders.

3. Slippage Tolerance is a parameter that determines the worst ‘Acceptable price’ for a trade. The transaction reverts if the resulting price is worse than this threshold. Exchange Details MUX : MUX doesn’t support the setting of slippage tolerance. This could lead to slippage exceeding the tolerance set in DVX.

   GMX : GMX support the setting of slippage tolerance.

2. Limit Order - Open Position when Trigger Price is reached.

1. Limit order sets a specific price to buy or sell, ensuring execution only at this price or better.

2. DVX executes Limit Orders by opening positions through Market Orders when the Trigger Price is reached.

3. Like market order, If the price is out of the Acceptable Price, the order will not be executed.

3. TP/SL Order - Close Position when Trigger Price is reached.

1. TP/SL Order automates closing of a position to take profits (TP) at a set price or limit losses (SL) at a specified price.

2. DVX executes a TP/SL order by closing positions through Market Orders when the Trigger Price is reached.

3. This could lead to the order being filled at a price that differs from DVX's estimated price, causing fluctuations in PnL and the possibility of slippage.

Note

1. DVX's Trigger Orders may not be executed according to network conditions and third-party exchanges.

2. Slippage may vary depending on the policies of the exchange providing liquidity.