Limit orders on DEXs let you specify exact prices for trades, combining the precision of traditional trading with DeFi’s self-custody benefits. 1inch has become the leading solution for on-chain limit orders.
How DEX Limit Orders Work
Unlike CEX order books, DEX limit orders use resolver networks. You sign an off-chain message authorizing your trade. Resolvers monitor prices and execute when your target is reached, competing to fill orders efficiently.
Setting Up a Limit Order
On 1inch, navigate to the limit order interface. Specify your tokens, amounts, target price, and expiration. Sign the order with your wallet. No gas is required until execution.
Strategic Considerations
- Set prices with margin for gas costs—resolvers factor these into execution decisions
- Use partial fills for larger orders to improve execution probability
- Consider expiration carefully—longer gives more opportunity but may not reflect changing conditions
Limit orders add professional trading capabilities to your DeFi toolkit while maintaining full self-custody.