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How do I place a Market Order on Proton DEX?

  • Updated

Market Order: A Market Order is an order to buy or sell an asset at the market's current best available price. Market orders are executed/filled as quickly as possible after processing on the Proton chain. It is applicable for both buy and sell orders. If there is no liquidity available, the orders will get canceled immediately without pending in Order Book.

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Before starting:

Getting Started:

  1. Go to the Proton DEX website and connect your WebAuth Wallet
  2. Choose your trading pairs in the right section.
    • For example, let's say you want to use the XPR/XUSDC pairs. Think of XPR as "asset 'A'" and XUSDC as "asset 'B'"
  3. Scroll down and click the "Market" tab to start your Market Order 
    1. BUY: In order to make a BUY Market order, you will stay on the left window
      • This means you will be buying more of asset "A" by selling asset "B"
        1. For the AMOUNT section: enter the amount of asset "B" that you would like to sell; the PRICE section is always going to be at market value
        2. Click "Buy ____" once you're ready and authorize the transaction from your WebAuth WalletBuy_Market_Order.gif
    2. SELL: In order to make a SELL Market order, you will stay on the right window
      • This means you will be selling asset "A" in order to buy more of asset "B"
        1. For the AMOUNT section: enter the amount of asset "A" that you would like to sell; the PRICE section is always going to be at market value
        2. Click "Sell ____" once you're ready and authorize the transaction from your WebAuth WalletSell_Market_Order.gif

That's it, you've successfully initiated a Market Order! You can check your transaction status by scrolling down and checking the "Open Orders" and/or "Order History" tabs.

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Additional Resources:

Click here to learn how to also place the following orders on Proton DEX:

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