Limit orders
Escrow a trade with a price limit; anyone fills it once the pool pays the limit.
Where it runs
Trading
Something a trader uses, not the pool's creator.
Status on reel
In reel-vaults
Live in reel-vaults on Solana mainnet (the `orders` module).
Set by
The trader
Trade · Live
What it does
A trader escrows a trade and a tip. Once the pool pays at least the limit after every fee, anyone can fill the whole order and take the tip. The trader can cancel any time for a full refund.
How it works on reel
reel-vaults' orders module: an order escrows one exact-in reel swap with a minimum output, a lifetime of 60 s to 365 days and a lamport bounty of up to 0.01 SOL. Any keeper or agent fills the whole escrow through reel's Swap once the pool pays the limit, and takes the bounty; the output goes straight to the recipient, and the owner can cancel for a full refund.
Settings
No settings of its own.
Fees and who's paid
Paid to
Whoever fills the order, from its bounty.
Protocol share
reel takes no share of it.
Requires and can't be combined with
Requires
No other block.
Can't be combined with
Nothing: it sits beside any block.
Worked example
Escrow 1 SOL to buy at most 0.00001 SOL per token with a 0.001 SOL bounty; when the price dips, a keeper fills it and takes the bounty.
Solana notes
It works as on hookr; amounts are in SOL or the pool's quote, and times in seconds.
On hookr: Trade · Live
Other blocks in Pools and trading
Zap Relay source
ADVISORYRoutes a cut of every buy to a zap vault that buys another pool.
Zap Relay target
ADVISORYA pool only its feeder zap vaults may buy; anyone may sell.
Pool Mesh
ADVISORYOne zap vault, fed by many pools, that buys up to four target pools.
Family Pinger
OUTSIDERuns every due zap and payout of a launch in one call, for a tip.
Multi-pool launch
LAUNCHOpens one token in up to 8 pools at once, each with its own quote and blocks.
Supply split
LAUNCHSeeds each pool of a new token with an exact share of the supply.
Opening price check
LAUNCHFails the launch if a pool opens too far from pool 1's price.
Best route
TRADINGCompares the pool with other venues before a trade and offers a clearly better route.
Outside Fill
DEPLOYING SOONFills part of a swap from an outside venue when it gives more than the pool.