AutoSwap Brings Limit Orders and Stop Losses to Trader Joe and Avalanche, Powered by Autonomy Network

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Zug, Switzerland, 18th January, 2022, Chainwire

Autonomy Network, an off-the-shelf decentralized automation protocol, has officially integrated its AutoSwap dApp with Trader Joe on Avalanche, following its successful integration with the PancakeSwap on Binance Smart Chain (BSC). AutoSwap is the first ever dApp to offer limit order, stop loss, impermanent loss protection, and recurring payment features for Avalanche-based DEXes.

Avalanche has become one of the fastest growing blockchain ecosystems because it addresses the limitations of older blockchain platforms, including scalability, centralization, and slow transaction speeds. So, it made sense for Autonomy Network to add support for Avalanche.

Autonomy Network’s AutoSwap now offers limit orders and stop losses to users on Trader Joe, the largest decentralized exchange on Avalanche by total value locked (TVL). 

"Advanced trading features have been built on top of Trader Joe using Autonomy, unlocking the ability for the Trader Joe community to enhance and automate their trading experience, using limit orders and stop losses." said Blue, the Marketing Lead at Trader Joe. The founding team of Trader Joe remains anonymous.

With trading volumes of DEXes growing exponentially, lack of automated solutions such as limit orders, stop losses, recurring payments, and impermanent loss protection had become a real pain point for DeFi users.

James Key, the founder of Autonomy Network, commented, “Advanced trading features are the key for DEX volume to overtake the volume of centralized exchanges, and it's awesome to see it happening already with market leaders like Trader Joe already!”

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