Order Types - Hyperdash Docs

Hyperdash gives you a full execution toolkit, from simple market and limit orders to algorithmic strategies that work large size over time or react to live prices. Each order type has its own page with placement behavior, parameters, defaults, and a worked example.

Choosing an order type

Order type	How it executes	Objective	Key parameters
Market	Fills immediately at the best available price, capped by your max slippage	Immediate execution	Size, Max Slippage
Limit	Rests on the book at your price or better until filled or canceled	Price control, earning spread	Limit Price, Size
Scale	Places up to 100 limit orders across a price range, sized by skew	Passive laddered entry, better average price	Start and End Price, Total Orders, Size Skew
Conditional	At the stop price, places a market or limit order	Breakout entry or protective exit at a defined level	Order Type, Stop Price, Limit Price, Stealth
Chase	Post-only limit order that rests one tick inside the far side of the book, repricing continuously	Fast fills while staying passive	Chase To, Reduce Only
TWAP	Equal sub-orders every 30 seconds over your chosen duration	Minimize market impact over time	Duration, Stealth, Randomize
Chase TWAP	One-minute clips worked as passive chase orders, with a market sweep every five minutes	TWAP pacing with maker pricing	Duration, Reduce Only
VWAP	30 second chase clips sized to the market’s typical volume by time of day, with market sweeps and an optional limit	Track the market’s VWAP over a day or longer	Duration, Limit Price
POV	One passive chase order sized to a set share of the market’s live volume, a minute behind, with a market sweep each minute and an optional limit	Stay a set share of the market as volume rises and falls	Participation Rate, Limit Price
Swarm	Splits size into up to 200 clips, dispatched by aggression level	Minimize impact with faster completion	Total Clips, Aggression
Iceberg	Shows one clip at your limit and refills it from the hidden remainder as it fills	Work large size at a fixed price without showing it	Limit Price, Clips, Randomize
Take Profit / Stop Loss	Trigger orders that close a position at profit or loss targets	Lock in gains, cap downside	TP and SL Price or Percent
Trailing Stop	Stop that tracks the price peak and exits on a set retracement	Protect profits while letting winners run	Retracement, Exit Order Type

Stealth on conditional orders and TWAPs routes execution through Hyperdash infrastructure instead of placing a visible on-chain trigger, keeping your levels private until they fire.

Position management

Beyond entries and exits, you can reverse a position (close it and open the same size in the opposite direction) and manage TP/SL, trailing stops, and margin directly from the positions table.