TWAP

Minimize price slippage with TWAP orders on Liquid.

TWAP (Time-Weighted Average Price) lets you execute large trades over time by splitting them into smaller chunks and sending them at regular intervals. This reduces market impact and helps you get a better average price.

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Why use TWAP on Liquid?

• Low fees Liquid offers some of the lowest taker fees in the market.

• Smart execution Orders can be randomized in time to prevent front-running and execution manipulation.

• Smoother fills Avoid large, sudden trades that can move the market against you.

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What is Slippage?

Slippage is the difference between the price you intended to trade at and the price you actually get. TWAP helps minimize slippage by spreading your order over time and reducing price impact.