Crypto Gloom

Kodiak integrates Orbs’ dSLTP to enable decentralized stop-loss and take-profit orders on Berachain.

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With Orbs’ dSLTP protocol, Kodiak Finance offers fully decentralized stop-loss and take-profit orders on Berachain, providing automated risk management and greater control over trade execution.

Kodiak integrates Orbs' dSLTP to enable decentralized stop-loss and take-profit orders on Berachain.

Layer 3 infrastructure provider Orbs announced that Kodiak Finance has integrated the dSLTP protocol, introducing decentralized stop-loss and take-profit order functionality to the Berachain network. This integration will equip one of the network’s leading decentralized exchanges with automated risk management tools, allowing Kodiak users to execute conditional trades directly on-chain.

Kodiak Finance, which previously adopted Orbs’ dTWAP and dLimit protocols, becomes the first Berachain DEX to implement dSLTP. This allows traders to set automated stop loss and take profit conditions for any swap, giving greater control over trade execution and allowing users to manage downside risk or lock in profits without having to rely on centralized intermediaries or manual supervision.

Stop Loss and Take Profit orders are widely used in traditional finance to manage volatility and implement disciplined trading strategies. Orbs’ dSLTP protocol extends these capabilities to decentralized environments, allowing orders to be automatically executed when predefined price conditions are met. The system supports configurable parameters including trigger price, optional limit price, expiration and execution settings, allowing traders to tailor orders to their individual strategy and risk tolerance.

Orbs’ dSLTP powers decentralized trading through permissionless stop-loss and take-profit automation.

This implementation is completely permissionless and configurable, allowing decentralized exchanges to deploy advanced order types without the need for centralized servers or off-chain executors. By integrating dSLTP, Kodiak can expand its on-chain transaction capabilities while maintaining a fully decentralized execution environment.

“Kodiak’s dSLTP integration reflects the growing demand for advanced risk management tools for on-chain traders,” Ran Hammer, Vice President of Business Development at Orbs, told MPost. “Introducing decentralized stop order automation to Berachain means traders have access to the same powerful execution tools they expect from centralized platforms while maintaining the transparency and self-custodial benefits of DeFi,” he added.

Kodiak deployments include a streamlined interface that allows users to configure stop orders with precise parameters such as trigger threshold and expiration date. This design simplifies automated trading, reduces the need for constant market monitoring, and gives users more flexibility in managing positions.

The dSLTP protocol joins Orbs’ Layer-3 trading suite, which includes dLimit for limit orders and dTWAP for dollar-cost averaging strategies. This suite is intended to provide sophisticated trading tools to decentralized markets across the Omnichain ecosystem by extending smart contract functionality with advanced execution logic.

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About the author

As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

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As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

more articles