Kodiak Launches dSLTP Protocol, Bringing Decentralized Stop-Loss and Take-Profit to Berachain

Layer-3 infrastructure provider Orbs has announced that Kodiak Finance has successfully integrated its dSLTP protocol, officially introducing decentralized stop-loss and take-profit order functionality to the Berachain network. This integration makes Kodiak the first decentralized exchange on the network to support such automated trading instructions, allowing users to set up automated execution strategies based on price conditions directly on-chain, without relying on centralized platforms or manual monitoring. Previously, Kodiak had integrated Orbs' dTWAP and dLimit protocols. The newly added dSLTP further enriches its on-chain trading toolchain. This protocol allows users to set trigger prices, limit prices, expiration times, and custom execution parameters for any token swap, enabling refined management of risk and return. Whether the market is highly volatile or the user is temporarily offline, the system can automatically execute trades according to preset conditions, improving trading discipline and fund security.

The dSLTP protocol adopts a completely permissionless and composable architecture, eliminating the need for centralized servers or off-chain executors, ensuring that all operations are authentic, transparent, and fully on-chain. This feature allows other DeFi News protocols to easily access similar advanced order functions, driving the decentralized trading experience closer to traditional financial instruments. Ran Hammer, Vice President of Business Development at Orbs, stated, "Kodiak's adoption of dSLTP reflects the growing demand among on-chain traders for professional-grade risk management tools. By decentralizing stop-loss and take-profit functionality, users can obtain execution efficiency comparable to centralized exchanges while fully retaining the transparency and self-custody advantages of DeFi News."

Kodiak has created a simple and intuitive order configuration interface for users, supporting precise setting of trigger thresholds, validity periods, and other parameters, helping traders automate execution strategies and significantly reduce monitoring burden. As the latest member of the Orbs Layer-3 trading tool suite, dSLTP, along with dLIMIT (limit order) and dTWAP (time-weighted average price order), builds a complete on-chain trading engine, empowering diverse trading needs in the cross-chain DeFi News ecosystem. As Berachain's native liquidity platform, Kodiak Finance is committed to providing users with non-custodial, capital-efficient trading and liquidity provision services. Its centralized and full-range AMM mechanism enables low slippage and high liquidity token swap experiences, continuously promoting trading depth and user participation in the Berachain ecosystem.