Limit orders: take profit and stop loss on Elysium

In the Limit tab you can set three kinds of orders by market cap:

• Take profit — sell a percentage when the market cap rises to your target.
• Stop loss — sell when the market cap falls to your target.
• Limit buy — buy when the market cap reaches your target, below or above the current one.

Where your orders live

On Elysium the orders run in your browser: they are saved in this device and the terminal watches the price for you. When your condition is met, it signs the trade with your wallet, exactly like a normal buy or sell, and charges the same 1% fee (0.9% with a referrer).

• Nothing is deposited anywhere. Your HYPE and your tokens stay in your wallet until the order fills.
• They run while the terminal is open, in one tab at a time (several tabs never fill the same order twice).
• You can cancel at any moment, and selling everything by hand cancels that token's take profit and stop loss on its own.
• Order slippage is 5% by default and you can change it in the Limit tab before placing the order.

How the price is checked

• The market cap comes from the token's own pool or curve, read from the chain, the same number the chart shows.
• When the condition is met the terminal quotes the trade and sends it with your slippage, so a moved price can't fill you far below what you accepted.
• A stop loss works as a stop-limit: it tries to sell when the price crosses your stop, but never below your slippage floor.