Limit Orders on LFJ

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 can be used to buy or sell ANY tokens as long as it is swapped with a stablecoin or the native asset of that chain ($USDC, $USDT, $AVAX, $ETH, etc.).

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 0.2% platform fee on Limit Orders, with special rates available for select markets:

0% Fee for JOE Orders
- No fees taken on any trades for key JOE markets, including:
  - JOE ↔ AVAX
  - JOE ↔ USDC
0.10% Fee for Native Assets
- Reduced trading fees of 0.1% for core native pairs
  - Eg. AVAX ↔ USDC
0.20% Fee for All Other Pairs
- Standard fee applied to all other markets.

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 onchain price of 100 USDC per AVAX, it will execute the limit order.
Completed trades are automatically sent to the user, delivering 0.999 AVAX to the user's wallet after platform fees (0.1% for Native Asset)

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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How Limit Orders Work

Once executed the user will receive the tokens quoted, minus the platform fees charged by LFJ.

Fees on Limit Orders

LFJ charges a 0.2% platform fee on Limit Orders, with special rates available for select markets:

0% Fee for JOE Orders

No fees taken on any trades for key JOE markets, including:
- JOE ↔ AVAX
- JOE ↔ USDC

0.10% Fee for Native Assets

Reduced trading fees of 0.1% for core native pairs
- Eg. AVAX ↔ USDC

0.20% Fee for All Other Pairs

Standard fee applied to all other markets.

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 onchain price of 100 USDC per AVAX, it will execute the limit order.

Completed trades are automatically sent to the user, delivering 0.999 AVAX to the user's wallet after platform fees (0.1% for Native Asset)

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.