๐คAuto-Exit
Last updated
Last updated
Auto-Exit continuously tracks real-time market prices and automatically closes your liquidity positions once the predefined conditions are met. Similar to Auto-Rebalance, Auto-Exit is designed to enhance the profitability of your liquidity positions during periods of market volatility, while ensuring efficiency and minimizing the impact of impermanent loss.
Step 1: Pick a position and access Auto-Exit feature
You can set up Auto-Exit (1) on the โPositionsโ tab of your "Profile" page, (2) on the โAutomationโ tab of your "Profile" page, (3) on the "Automation" tab of the โPosition Detailsโ page, or (4) on the "Auto-Exit" tab of the "Automation" page
From the "Positions" tab in your "Profile" page, click on the three dots icon at the end of the position and choose Auto-Exit
Or from the "Automation" tab in your "Profile" page, click on "Auto-Exit" and choose "New Setup"
Or from the "Automation" tab of the โPosition Detailsโ page, click on "Auto-Exit" and choose "New Setup"
Or from the "Auto-Exit" tab of the "Automation" page, click "New Setup"
Step 2: Configure Auto-Rebalance Parameters and confirm the setup
In the Trigger Setup section, you can set up the Trigger Prices and Time Buffer:
Lower and Upper Trigger Prices can be set up in absolute value or in % changes vs. current price. When the actual price fall out of this Trigger Prices range, you position will auto-exit.
Time Buffer can be set up to trigger Auto-Exit only when the price remains outside of the Trigger Prices range for a certain amount of time.
In the Settings section, you can set up Gas Fee Ceiling, Pool Slippage, and Platform Fee:
Gas Fee Ceiling let you set the maximum amount of gas fee you are willing to pay for an exit transaction. If the cost is higher than the Gas fee Ceiling, Auto-Exit won't be triggered.
Pool Slippage helps protect you by reverting the transaction if there's any unfavorable price movement.
Platform fee helps set up the maximum platform fee that you are willing to pay for an Auto-Exit transaction.
Click "Approve" and "Confirm" to activate your Auto-Rebalance strategy.
Step 3: Track your Auto-Exit Strategy on the Automation Tab