Sushiswap Brings Automated Risk Controls with dSLTP Integration

Sushiswap, a decentralized exchange (DEX), has integrated Orbs' dSLTP protocol on four blockchains, including Ethereum and Arbitrum. This move allows traders to automate their risk management and profit-taking directly on-chain while maintaining full custody of their assets.

dSLTP is a stop-loss and take-profit protocol that enables users to set automated orders that trigger when preset price levels are reached. This feature is live on Sushiswap, and Orbs plans to deploy it on four networks to expand its multi-chain utility.

Ran Hammer, vice president of business development at Orbs, stated, 'Stop-loss and take-profit orders are among the most widely used tools in trading, yet they've largely been unavailable in a decentralized environment.' He added that by bringing dSLTP to Sushiswap, traders can now automate risk management and execution without sacrificing transparency and self-custody.

The integration of dSLTP on Sushiswap expands Orbs' suite of decentralized trading protocols, which includes dLIMIT, dTWAP, Liquidity Hub, and Perpetual Hub. These tools aim to bring traditional trading features on-chain, catering to the growing demand for advanced order types in decentralized exchanges.