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Stop Orders

Automatically sell tokens when price drops below a threshold.

Overview​

Stop orders protect your positions by selling when price falls. They're essential for:

  • Limiting losses
  • Protecting profits
  • Managing risk automatically

Supported Chains​

Stop orders are available on EVM chains only:

  • Base
  • Ethereum
  • Polygon
  • Unichain

Not available on Solana.

Basic Stop Orders​

Sell when price drops:

"sell all my DEGEN if it drops 20%"
"sell my BNKR if it falls 15%"
"stop loss on ETH at -10%"

With Specific Amounts​

"sell 50% of my DEGEN if it drops 20%"
"sell 1000 BNKR if price drops 25%"

How Stop Orders Work​

  1. You set the stop — Specify token, amount, and trigger percentage
  2. Price is monitored — Bankr watches continuously
  3. Price drops below threshold — Stop triggers
  4. Tokens are sold — Swap executes automatically

Managing Stop Orders​

View Active Stops​

"show my stop orders"
"what automations do I have?"

Cancel Stops​

"cancel my stop order for DEGEN"
"cancel all my stop orders"

Use Cases​

Protect Against Losses​

Set stops on new positions:

"buy $100 of NEWTOKEN"
"set a stop loss at -20% for NEWTOKEN"

Lock In Profits​

After a token pumps, protect your gains:

"set stop loss on BNKR at -10%"

If BNKR is up 50% and drops 10% from current, you still exit with 35% profit.

Risk Management​

Standard risk management approach:

"buy $500 of ETH"
"stop loss at -5%"  # Max loss: $25

Tips​

Don't Set Stops Too Tight​

Volatile tokens can trigger stops from normal price swings. Consider:

  • 5-10% for stablecoins
  • 15-25% for large caps
  • 25-40% for small caps/memecoins

Combine with Take Profits​

Use both stop orders and limit sells:

"set stop loss on BNKR at -15%"
"sell half my BNKR when it rises 50%"

Limitations​

  • Not available on Solana
  • Not available via XMTP
  • Execution price may differ from trigger (slippage)
  • Requires sufficient gas balance