Trigger Orders & Recurring Orders
Overview
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.
1. Trigger Orders
Description
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.
Benefits
Set your preferred price for buy/sell orders
Trade passively and strategically
Avoid constant price monitoring
Maintain full custody of funds at all times
Expiration Options
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.
Minimum Trade Amount
$5 USD equivalent per order
Fees
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 2000
Execution Flow
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.
Example Use Case
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.
2. Recurring Orders (DCA)
Description
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.
Benefits
Automate recurring token buys
Reduce impact of market volatility
Ideal for long-term investors
Fully non-custodial and on-chain
Configuration Options
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.
Minimum Order Amount
Each recurring execution must be at least $1 USD
The total recurring order value must be at least $2 USD
Example: If a user wants to schedule 5 recurring orders, they must commit at least $5 (5 x $1)
Fees
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 2000
Execution Flow
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
Example Use Case
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.
3. Security
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
4. Early Access for TINY Governors
Tinyman prioritizes community governance. TINY Governors — users who lock TINY in governance — will get early access to both Trigger Orders and Recurring Orders.
Eligibility
Locking at least 2,000 TINY Power is required for early access
Additional Governance Benefits
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
5. Additional Considerations
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.
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