Kodiak Finance has integrated Orbs' dSLTP protocol, introducing decentralized stop-loss and take-profit orders to the Berachain network. This integration allows Kodiak users to execute conditional orders directly onchain, adding automated risk management to one of Berachain's leading decentralized exchanges.
As the first Berachain DEX to deploy dSLTP, Kodiak now offers traders automated stop-loss and take-profit conditions for each swap. This feature provides enhanced control over trade execution, enabling profit protection and risk mitigation without relying on centralized infrastructure.
The dSLTP protocol enables transactions to automatically execute when predetermined pricing conditions are met. Traders can customize orders with features like trigger price, expiration, and execution settings to fit their strategy and risk tolerance.
Orbs' composable and permissionless design allows decentralized exchanges to implement advanced order functionality without off-chain executors or centralized servers. This integration enhances Kodiak's trading capabilities while maintaining a fully onchain execution environment.
"Kodiak’s integration of dSLTP reflects growing demand for advanced risk management tools for onchain traders," stated Ran Hammer, VP of Business Development at Orbs. "Bringing decentralized stop-order automation to Berachain means that traders can access the same powerful execution tools they expect from centralized platforms, while preserving the transparency and self-custody benefits of DeFi."
Kodiak's deployment includes a streamlined interface for configuring stop orders, allowing precise control over trigger thresholds and expiry parameters. This automation reduces the need for constant market monitoring and enables traders to automate execution tactics.
dSLTP joins Orbs' existing Layer-3 trading suite, including dLIMIT for limit orders and dTWAP for dollar-cost averaging. This suite aims to provide sophisticated trading capabilities to decentralized markets across the omnichain environment.
Kodiak, Berachain's native liquidity platform, offers users a non-custodial, capital-efficient trading experience with low-slippage token swaps through focused AMMs.
Orbs is a decentralized Layer-3 blockchain designed for sophisticated onchain trading. It functions as an additional execution layer using Proof-of-Stake consensus, enabling complex logic beyond standard smart contract capabilities. Orbs-powered protocols aim to bring CeFi-level execution to onchain trading.