Limit Order Engine

Onyx will support on-chain limit orders. A limit order lets you set a target price and execute a swap automatically when the market reaches it.

How it works

• You choose the token pair, side (buy or sell), amount, and a target price.

• Your order is created on-chain and remains open until it is filled or you cancel it.

• When the AMM pool price reaches your target, the limit order becomes executable and is filled automatically by the engine.

Execution and pricing

• A limit order triggers based on the pool price at execution time.

• The final fill depends on available liquidity and may be impacted by price movement during execution (slippage).