@yaros
How to set a stop-limit in profit and end up with a -20% loss in a second?
Welcome to #PARADEX.
šØ Donāt make my mistake. šØ
I set a stop-loss slightly in profit on a $5k Layer position.
Got hit with a $1k instant loss.
How?
š¤”Liquidity vanished in a second from the order book, then magically reappeared.
š¤”Default slippage on stops is set to 20% (WTF?!).
š¤”The āstandard chartā shows oracle prices, not the actual mess in the book.
Sorry, but if you canāt handle a $5k position without slippage, why even list the pair? Who is this for, traders with $10 deposits?
Lesson learned: Avoid low-liquidity pairs on new perp DEXs. š¤š«