Automated Recurring Orders are a novel strategy type on Carbon DeFi that allow users to create linked limit orders. These orders continuously trade back and forth between two assets — automatically compounding profits without requiring manual intervention.
In the context of Bitcoin and gold, a trader could set up an order to buy Bitcoin with gold (PAXG) at one price and sell Bitcoin for gold at another price, effectively automating range trading between the two. When one order fills, the acquired tokens automatically fund the opposing order, creating a recurring trading cycle that captures price fluctuations without the need for constant manual intervention.
In Mark’s demonstration, his TBTC/PAXG strategy was created using two range orders, set to:
- Buy TBTC: 24.41–26.63 PAXG per TBTC
- Sell TBTC: 28.03–29.32 PAXG per TBTC
- Funding: 1 PAXG (Only the buy order was funded; both sides are not required to be funded.)
Carbon DeFi’s Automated Recurring Orders ensure that once set up, the strategy- so long as the pair continues trading within the range- runs indefinitely until the user modifies or withdraws it.
Additionally, trades on Carbon DeFi execute exactly at the price set by the maker, with zero slippage, no network or trading fees on filled orders, and with liquidity sourced from all major DEXes on a network. The Arb Fast Lane, Bancor’s built-in solver system for Carbon DeFi, further enhances execution by optimizing trades against chain-wide liquidity, ensuring maximum efficiency for makers and takers alike.
By leveraging these automated strategies, traders can optimize their exposure to both Bitcoin and gold, capturing market movements efficiently while avoiding the manual effort required on other trading platforms.
For those looking to trade unique pairs, such as TBTC/PAXG, Carbon DeFi makes it not just possible, but actionable.
