Tinyman is introducing two powerful trading features on its decentralized exchange: Trigger Orders (Limit Orders) and Recurring Orders (DCA). These tools allow users to trade more strategically, automate purchases, and stay fully in control — all with the speed, security, and transparency of the Algorand blockchain.
A Trigger Order (also known as Limit Order) lets users buy or sell a token at a specific price. The trade will only execute if the market reaches the price set by the user, within a timeframe they choose.
- Set your preferred price for buy/sell orders
- Trade passively and strategically
- Avoid constant price monitoring
- Maintain full custody of funds at all times
Users can choose when the order should expire:
- Never
- After 10 minutes
- After 1 hour
- After 1 day
- After 3 days
- After 7 days
- After 30 days
If the price condition is not met before the expiration, the order is canceled and the funds are returned to the user’s wallet.
- $5 USD equivalent per order
- A 0.15% fee is charged when a Trigger Order is successfully executed.
- TINY governors enjoy a discounted fee of 0,1%. In order to be eligible, TINY governors need to hold a TINY power of at least 5000
- When a user places a Trigger Order, the funds are locked into a dedicated smart contract.
- If the price target is reached, the order is executed and tokens are sent directly to the user’s wallet.
- If canceled or expired, the original funds are returned.
- Partial fills: If only part of the order is filled, the user will be able to claim the completed portion at a later stage (feature coming soon).
- Users can cancel the order at any time and funds will be returned to their wallet.
A user places a Trigger Order to buy ALGO at $0.16, set to expire in 1 day.
They commit $25 to the order, meeting the $5 minimum.
If ALGO reaches $0.16 within 24 hours, the order executes automatically.
If not, it expires and the $25 is returned.
A Recurring Order (also known as Dollar Cost Averaging) allows users to automate regular purchases of a token at predefined intervals. This strategy is especially useful for long-term accumulation and reducing exposure to short-term volatility.
- Automate recurring token buys
- Reduce impact of market volatility
- Ideal for long-term investors
- Fully non-custodial and on-chain
Users can define:
- Interval between orders:
- Every minute
- Every hour
- Every day
- Every week
- Every month
- Number of executions (e.g., 5 purchases over 5 days)
- Price range (optional):
- Users can specify a price range within which the recurring orders are allowed to execute.
- This ensures that purchases are only made when the asset price is within a target zone, adding an extra layer of strategy.
- Each recurring execution must be at least $5 USD
- The total recurring order value must be at least $10 USD
- Example: If a user wants to schedule 5 recurring orders, they must commit at least $25 (5 x $5)
- A 0.15% fee is charged when a Recurring Order is successfully executed.
- TINY governors enjoy a discounted fee of 0,1%. In order to be eligible, TINY governors need to hold a TINY power of at least 5000
- Full order value is deposited into a smart contract at creation
- The contract executes trades at the defined intervals and within the allowed price range
- After each execution, tokens are delivered directly to the user's wallet
- Orders can be canceled at any time, and unused funds will be returned
A user sets up a Recurring Order to buy $10 of ALGO every day for 5 days, only if ALGO trades between $0.15 and $0.18.
They commit $50 total, satisfying the $10 minimum per execution.
Each day, if ALGO's price is within range, $10 is used to purchase tokens.
After 5 days or 5 successful executions, the order completes automatically.
Security is a top priority at Tinyman. Both Limit Orders and Recurring Orders are built on secure, transparent smart contracts.
- All contracts are internally reviewed and tested
- The contracts are open source
- The contracts are upgradable with user consent only
- Isolated smart contracts: each user has their own contract account, holding only the associated funds — no pooled risks
- Users retain full control over their assets at all times
- Transactions and states are fully on-chain and auditable
- All orders are executed atomically, ensuring there can be no loss of funds to partial execution
- Recurring Orders use the existing Tinyman Swap Router to ensure trades are made at the market price.
- The contracts ensure Recurring Order executions are not at risk of sandwich attacks
Tinyman prioritizes community governance. TINY Governors — users who lock TINY in governance — will get early access to both Trigger Orders and Recurring Orders.
- Locking at least 5,000 TINY Power is required for early access
- Weekly TINY rewards for participation
- Voting rights on farming rewards and protocol upgrades
- Early access to future feature rollouts
- Boosted staking: stake ALGO in the Stakepool, restake tALGO as a Governor, and earn additional TINY rewards on top of your ALGO staking returns
- Trigger Orders & Recurring Orders are executed on a best effort basis. Off-chain components are required for triggering execution and despite redundancy these may fail to execute.
- Trigger Orders might not execute even when the trigger price is reached. This can be due to a number of factors including the trigger price falling again within a short timespan, the price impact of the order and the volume of orders.
- Note this is not an orderbook system. The orders are executed on the Tinyman AMM where the price moves independently of the trigger orders.
- Smaller order amounts have higher probability of successful execution than larger ones.