RUJI Trade - Orderbook DEX

Q: What is RUJI Trade? RUJI Trade is our fully on-chain orderbook DEX and the core of the Rujira ecosystem. It lets you trade pairs on the spot market and gives you full control over your trades with market, limit, tracking orders and more.

You can access it here: rujira.network/trade

For more details, visit the RUJI Trade docs.

Q: What is an orderbook? An orderbook is a list of buy and sell orders for a trading pair. It matches buyers and sellers' intents based on their desired prices and quantities.

Q: What is a market order? A market order lets you buy or sell instantly at the best available price in the market by consuming the liquidity in the orderbook.

Q: What is a limit order? A limit order lets you set your own price to buy or sell. Your order only executes when the market reaches that price.

Q: What is a recurring order? Recurring orders (also known as DCA - Dollar Cost Averaging), built by the CALC team, let you schedule trades over time using native assets. You can use them to gradually buy, sell, or take profits on your own schedule and with custom parameters such as price floor or ceiling to trigger orders, all fully on-chain.

Q: What is a tracking order? A tracking order lets you buy or sell at a fixed discount or premium to an asset’s oracle price*. It allows for more advanced trading and market-making strategies.

For example, you can use a tracking order at a slight premium to market price to execute a large buy order with minimum price impact.

*Oracle price: the current market price of an asset provided by a trusted data source.

Q: What is a grid bot? A grid bot automatically places buy and sell orders at preset price levels, creating a “grid” that lets you profit from market volatility by buying low and selling high within a chosen price range.

Q: How do I claim my order? You can claim your filled order by clicking the purple arrow at the bottom of the page.

You can also enable the AutoClaimer by the AutoRujira team, which automatically claims filled orders for selected markets. You can find this feature in the order panel.

Note that market orders are executed instantly and do not need to be claimed, but limit and tracking orders do.

Q: What are the trading fees?

The fees for RUJI Trade are:

• Maker orders (adding liquidity to the orderbook): 0.075% fee

• Taker orders (removing liquidity from the orderbook): 0.15% fee