Order Types Overview
ComposableCoW offers a conditional order framework with five primary order types.
Core Order Types
TWAP Orders
Divide large trades into scheduled portions over time, helping traders minimize price impact and achieve better execution prices on low-liquidity pairs.
Stop Loss Orders
Use oracle-based price triggers to automatically sell when token prices fall below specified thresholds, supporting risk management and portfolio protection.
Good After Time Orders
Delay execution until a designated timestamp, with optional price validation through Milkman checkers for time-locked strategies.
Perpetual Stable Swap
Automatically rebalances between two stablecoins by trading whichever token has higher balance, supporting liquidity provision with continuous rebalancing.
Trade Above Threshold
Executes sales when token balances exceed specified limits, useful for yield harvesting and threshold-based portfolio management.
Technical Implementation
All order types inherit from BaseConditionalOrder and implement a getTradeableOrder function accepting:
- Owner address
- Sender address
- Context hash
- Static parameters
- Optional off-chain data
Error States
The framework supports three error states:
| Error | Description |
|---|
OrderNotValid | Conditions not met |
PollTryNextBlock | Temporary invalidity |
PollTryAtEpoch | Future validity date |
Characteristics Comparison
| Order Type | Repeatable | Oracle Required | Partial Fill |
|---|
| TWAP | No | No | No |
| Stop Loss | No | Yes | Optional |
| Good After Time | No | No | Optional |
| Perpetual Stable Swap | Yes | No | No |
| Trade Above Threshold | Yes | No | No |
Last modified on March 4, 2026
