Guaranteed SLs / TPs

Avantis offers guaranteed stop losses for certain assets. Given we use oracles for execution, a user's TP or SL request is always filled at the price they ask.

For example - Even if oracle prices goes below a user's requested SL (for a long), Avantis will close the position at the requested SL. Guaranteed SLs only apply to SLs set in losses (SLs in profits are still executed as limit orders and hence are not guaranteed).

This ensures traders have sophisticated risk management tools, even during high market volatility (or while trading with high leverage).

Zero-fee Perpetuals (ZFP)

Zero-Fee Perpetuals (ZFP) offers up to 250x leverage. At such high leverage, SLs cannot be guaranteed. Depending on leverage, minimum SLs can also vary.

For fixed fee perpetuals, guaranteed SLs can be set any desired level given the relatively low leverage allowed (compared to ZFP).