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Polynomial Trade
Polynomial Trade
  • Polynomial Trade
  • Trade points program
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  • Trade
    • Perp
      • Basics of perp
      • Funding rate
        • Funding On Polynomial
      • Orders
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    • Cross margin
    • Order Types
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  • Polynomial Trade 101
    • Opening account and deposit
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    • Open a position
    • Take profit and stop loss orders (TP/SL)
    • Funding Rate Arbitrage
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  1. Trade
  2. Perp

Orders

The standard order is called Delayed Orders. All polynomial Trade exchange processes are carried out through these orders.

Delayed orders are similar to next-price orders, but with a time delay. Instead of executing an asynchronous 'next-price' order after a semi-arbitrary Chainlink price update, we allow the executor (trader or keeper) to fill the order after a specified amount of time has passed, in addition to a price update.

For instance, if the specified delay is 30 seconds and a price update occurs 10 seconds after the order submission, a keeper can still execute the order, or they can wait for the 30 seconds delay to pass before executing the order.

  • Front running risk is eliminated

  • Reduced fee

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Last updated 9 months ago

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