Policy Overview

Under the hood, policies are the driving force of Dexible's execution engine. They determine whether an order should execute, wait, pause, or cancel. Dexible currently supports the following policies:

Policy

Description

Params

BoundedDelay

Specifies a time delay between rounds

timeWindowSeconds

randomizeDelay

Expiration

Specifies an expiration period in seconds. This will force an order to cancel when evaluating to true.

seconds

FailLimit

Specifies a max number of failures for an order. This is automatically added to every order with a max of 30% of order's number of rounds (i.e. you cannot add this yourself). This will cause an order to cancel if it has too many failures.

maxFailures

GasCost

Specifies the gas type to apply to the order. This is required for every order.

gasType (relative | fixed)

amount (if fixed)

deviation (if relative)

LimitPrice

Specifies a min price that the market must meet to execute the order.

price (see Prices)

PriceBounds

Specifies a base price and an upper/lower bound.

basePrice (see Prices)

upperBoundPercent

lowerBoundPercent

Slippage

Specifies the amount of slippage allowed per round. This is required for all orders.

amount (.5 == .5%)

StopPrice

Specifies an activation (trigger) price and whether the market price should be above or below the activation price.

trigger (see Prices)

above (boolean)

StopLimit

Specifies and activation (trigger) price and a limit price. The activation should be above market and the limit should be at a price higher than the activation.

trigger (see Prices) limitPrice (see Prices)

More will be added as the Dexible features expand. But with this set of policies, powerful algos can be realized.

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