KNC · 2026-11-11 10:19 UTC

How to Set SL/TP on Decentralized Platforms

On a decentralized platform, you set a stop loss and take profit by signing two orders from your own wallet, with tokens staying in the wallet until execution. On KyberSwap, the stop loss is a Stop Market order that triggers on a Chainlink-powered Oracle price and is checked every 5 seconds. The take profit is a sell Limit Order at a rate above the market, and signing it requires no gas, while placing a Stop Market order is free and its fee is charged only at execution.

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