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🟩Take Profit & Stop Loss

Carbon offers instant execution for Stop Loss (SL) and Take Profit (TP) orders, ensuring traders can secure profits or limit losses without delays. Once triggered, the order is executed immediately at market price.

How SL & TP Work

  1. Price Hits Target

  • Take Profit (TP) → If the market price ≥ TP, the position closes instantly.

  • Stop Loss (SL) → If the market price ≤ SL, the position closes instantly.

  1. Reliable Pricing Mechanism

  • Prices are sourced from Binance price feeds, Last Price, and Mark Price with fallback protections to prevent manipulation.

  • Default Trigger: Uses Last Price (99% of the time).

  • Volatility Protection: If Last Price deviates >0.25% from Mark Price, the system switches to Mark Price to prevent bad fills.

  1. Instant Execution at Market Price

  • SL/TP orders execute immediately once triggered—no delays, no waiting.

  • Orders fill at market price, which may differ slightly from the trigger price due to market movement.

  1. Gasless Transactions

  • Carbon covers gas fees, making SL/TP execution free for users.

Warning: As a front-end implemented solution, Carbon cannot guarantee that the close order is complete on the solver side, only that the close request is sent correctly to the solver. This dependency exists on the SYMMIO and solver side, with further development required to create a 100% robust system, including a multi-dimensional system with redundancies on both the Carbon and solver side.

🚨 Important Note: Carbon ensures the order is executed instantly, but final execution depends on liquidity availability at the time of the trigger.

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