Kwenta Documentation
DiscordKwentaTwitterBlog
  • 🥂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
Powered by GitBook
On this page

Was this helpful?

  1. Using Kwenta
  2. Synthetix Isolated Margin
  3. Smart Margin
  4. Get Started with Smart Margin

Conditional Orders

PreviousOpening/Closing PositionsNextLimit Orders

Last updated 1 year ago

Was this helpful?

Leveraging Gelatos keeper system, Kwenta can automate advanced orders through Smart Margin. The first two products to come out of this will be limit and stop-market orders. is a decentralized network of keepers used by web3 apps to automate smart contract executions on all major public EVM-compatible blockchains, including Optimism. Using Gelato gives Kwenta peace of mind when it comes to automating and relaying transactions with confidence.

Keepers can do things like execute limit orders, liquidate an under-collateralized position, on-chain, and autonomously. Automated keeper are set in place to automatically execute advanced orders when their conditions are met. Due to this development, there is no manual intervention needed from traders on Kwenta to execute orders on Kwenta.

Using advanced orders on Kwenta will automatically deposit 0.01 ETH into your margin accounts Keeper. This ETH will be used to pay the blockchain transaction cost when Gelato submits your order.

Anytime your account ETH balance is less than 0.01 ETH, the next advanced order you place will deposit enough ETH to restore it back to the 0.01 ETH (if available). At any time, traders can withdraw this ETH back to their wallet by selecting the up arrow and completing the withdrawal transaction.

Why does Kwenta need to deposit 0.01 ETH?

Transaction costs on Optimism generally range between 0.05$ and 0.50$, depending on the type of transaction and current gas price conditions on L1. At the current value of about 13$ for 0.01 ETH (as of October 2022), the deposit should allow a trader to execute approx. twenty advanced orders with ease.

To ensure that your advanced order transactions are being executed by the Keeper even under extremely volatile market conditions, a buffer of 0.01 ETH has been implemented to ensure timely execution and avoid failed advanced order transactions.

Gelato Network