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TWAP Orders

Time-Weighted Average Price orders for large trades.

Overview​

TWAP (Time-Weighted Average Price) splits large orders into smaller chunks executed over time. This:

  • Reduces price impact
  • Gets better average execution
  • Minimizes slippage on big trades

Supported Chains​

TWAP orders are available on EVM chains only:

  • Base
  • Ethereum
  • Polygon
  • Unichain

Not available on Solana.

Basic TWAP​

Split a large sell over time:

"sell 1000 BNKR over the next 4 hours"
"TWAP sell 5000 DEGEN over 2 hours"

When to Use TWAP​

TWAP is best for:

  • Large positions relative to liquidity
  • Tokens with thin order books
  • Minimizing market impact

Example Scenario​

You hold 10,000 BNKR and want to sell. A single swap might:

  • Move the price significantly
  • Get poor execution due to slippage

With TWAP:

"sell 10000 BNKR over 6 hours"

This executes smaller chunks every few minutes, getting better average price.

Configuration​

Duration​

How long to spread the execution:

"TWAP sell 5000 DEGEN over 1 hour"
"TWAP sell 10000 BNKR over 4 hours"
"TWAP sell 50000 tokens over 24 hours"

Chunk Size​

Bankr automatically calculates optimal chunk sizes based on:

  • Total amount
  • Duration
  • Typical gas costs

Managing TWAP Orders​

View Active TWAPs​

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

Cancel TWAP​

"cancel my TWAP order"
"cancel TWAP for BNKR"

Canceling stops future executions but doesn't reverse completed chunks.

Tips​

Choose Appropriate Duration​

  • 1-2 hours: Medium positions, moderate liquidity
  • 4-6 hours: Large positions
  • 12-24 hours: Very large positions, patient execution

Monitor Progress​

Check in periodically:

"how's my TWAP order doing?"

Limitations​

  • Not available on Solana
  • Not available via XMTP
  • Requires balance for entire duration
  • Gas needed for each chunk execution
  • Cannot modify after creation (cancel and recreate)