What is a Limit Order?

A limit order is an agreement to swap tokens at a specific price you set.


Unlike a traditional swap, which swaps immediately at the current market price, a limit order waits until a filler can match your specified price before the swap occurs.


When creating a limit order you choose:

  • The amount of tokens you want to swap.
  • The tokens you pay and receive.
  • The price at which you want the swap to occur.
  • The time frame your limit will be active for which is also known as the “expiry”.


Once you've created your limit order it's sent into a pool of open orders accessible by an open network of third party fillers using UniswapX.




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