Kwenta Documentation
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  • 🥂Welcome to Kwenta
  • Getting Started
    • How to start using Kwenta
    • Introduction
    • Getting started on Optimism
    • How to get sUSD
    • Access Kwenta
      • Installing the IPFS Companion to Access Kwenta
      • Backup RPCs
      • Withdrawing from v2 Isolated Margin using Optimistic Etherscan
  • Using Kwenta
    • Futures on Kwenta
    • Jargon
    • Synthetix Isolated Margin
      • Funding
        • Technical Details
      • Delayed Orders
      • Maker/Takers on Kwenta
      • Leverage
      • Liquidations
      • Initial/Maintenance Margin
      • One-Click Trading
        • Onboarding to 1CT
        • FAQ
      • Smart Margin
        • Dashboard Overview
        • Futures UI Overview
        • Get Started with Smart Margin
          • Withdrawing sUSD & ETH
          • Opening/Closing Positions
          • Conditional Orders
            • Limit Orders
            • Stop-Loss Orders
          • FAQ
      • Delegated Trading
        • Getting started
        • Managing Delegates
        • Accessing Accounts Delegate to You
      • Fees
      • Referral Program
        • The Traders Tab
        • The Affiliates Tab
        • Incentive Tiers and Rewards
      • FAQ
    • Perennial Isolated Margin
      • Perennial Intro
        • Market Design
        • Oracles
        • Payoff & Positions
        • Trading Fees and Price Impact
        • Funding Rate
        • Interest Rate
        • Leverage & Liquidations
        • Collateral
        • CodeBase
      • Bridging to Arbitrum
      • Trading on Perennial
        • Dashboard Overview
        • Futures UI Overview
        • Opening/Closing Positions
        • Advanced Orders
          • Limit Orders
          • Stop-Loss Orders
      • Gasless Trading
        • Onboarding to 1-Click-Trading
        • FAQ
  • Kwenta Token
    • Staking KWENTA
      • How to stake KWENTA
      • Escrow and Vesting
      • Transferring Escrow Entries
    • Claiming Rewards
    • Trading Rewards
  • DAO
    • Kwenta Token
    • Governance
    • MarketingDAO
    • devDAO
      • Contributing to the Kwenta Frontend
        • Troubleshooting
        • Testing
  • Developers
    • Deployed Contracts
      • V2 Futures Market Proxy Contracts
    • Verify Kwenta
    • Kwenta SDK
  • Resources
    • Audits
    • Development progress Epoch 1 2024
    • GitHub
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  1. Using Kwenta
  2. Synthetix Isolated Margin

Delayed Orders

On Kwenta, all transactions are processed as delayed orders. These delayed orders function similarly to market orders but incorporate a time delay. Some may remember the next-price order system in our perps v1 implementation. These delayed orders improve on this mechanism.

Instead of executing a 'next-price' order following a Chainlink price update, the system now allows the executor (either a trader or a keeper) to complete the transaction after a specified number of seconds have elapsed.

Delayed order waiting periods are specific to each available market. Orders are currently executable after 1 second on ETH-PERP and BTC-PERP markets, and 2 seconds on all other markets.

Once a delayed order fails to execute within this set time window, it goes stale. Once stale, the order needs to be canceled in order to place another, as traders can only have one active delayed order per market.

Once stale, the order cannot be canceled until 60 seconds have passed since going stale.

PreviousTechnical DetailsNextMaker/Takers on Kwenta

Last updated 10 months ago

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