DIVA Protocol
  • 👋Welcome
  • 🔅Introduction
    • Derivative contracts
    • What is DIVA Protocol
      • What problem does it solve
      • How it works
        • Reference assets
        • Payoff curves
        • Collateral
        • Oracles
        • Settlement
          • Timelines
          • Challenge
          • Status
          • Fast settlement
          • Fallback data provider
        • Fees
        • Compliance feature
      • Vision
      • Terminology
    • What is DIVA Token
      • Owner election mechanism
      • Token distribution
    • DIVA Development Fund
    • FAQ
  • 🌈DIVA App
    • What is DIVA App
    • Overview
    • Create position tokens
    • Trade position tokens
    • Add liquidity
    • Remove liquidity
  • ⚙️Guides
    • DIVA App Training
      • Prepare
      • Testnet
      • Create
      • Trade
      • Add
      • Remove
      • Settle
      • Redeem
      • Fees
    • Quiz
  • 🪄Use cases
    • Overview
    • Insurance
      • Credit default protection
      • Agrarian insurance
      • DeFi Hack insurance
      • Peg insurance
    • Yield optimization
      • Bullish accumulation
      • Bearish accumulation
    • Risk management
      • Downside protection
      • Increasing cost protection
    • Directional bets
      • Downside bet
      • "Bottom-Is-In" bet
      • Upside bet
      • "Top-Is-In" bet
    • Leverage
  • 👨‍🎓Pricing derivatives
    • Introduction
    • Underlying value
    • Volatility
    • Time
  • ⚓Oracle integrations
    • Overview
    • Tellor
  • ⚒️For developers
    • Overview
    • Technical resources
    • Smart contracts
      • Functions
        • Core protocol functions
        • Getter functions
        • Setter functions
        • ABI
      • Contract addresses
      • Example scripts
    • TheGraph
      • DIVA subgraphs
      • Whitelist subgraph
    • Project ideas
  • 📱Contact & Media Links
    • Social media
  • 👨‍🎓Technical Blog
    • Flash loans in DIVA Protocol
    • NDVI outcome reporting guide for Tellor Reporters
    • Enabling capital efficiency in DeFi
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On this page
  • Create a BUY LIMIT order
  • Create a SELL LIMIT order
  • Fill existing SELL LIMIT orders (BUY MARKET)
  • Fill existing BUY LIMIT orders (SELL MARKET)
  1. Guides
  2. DIVA App Training

Trade

Trade position tokens via the DIVA App

PreviousCreateNextAdd

Last updated 2 years ago

Create a BUY LIMIT order

  • Go to MARKETS

  • Select the position token you want to buy

  • In the order widget on the right, select BUY and LIMIT

  • Enter the number of position tokens you want to buy

  • Enter the price you want to pay per position token

  • Set how long your order shall be valid

  • Click APPROVE

  • Click CREATE ORDER

Note that it's considered best practice to approve only the amount that you are planning to spend. Instead of approving and spending gas every single time before placing an order, you can approve a larger amount once and then place your orders with a reduced amount until your approved amount is exhausted. This way you will incurr gas fees for the approval transaction only once.

Create a SELL LIMIT order

  • Go to MY DASHBOARD -> MY POSITIONS

  • Select the position token you want to sell

  • In the order widget, select SELL and LIMIT

  • Enter the number of position tokens you want to sell

  • Enter the price you ask per position token

  • Set how long your order shall be valid

  • Click APPROVE

  • Click CREATE ORDER

Fill existing SELL LIMIT orders (BUY MARKET)

  • Go to MARKETS

  • Select the position token you want to buy

  • Check that there are existing orders on the ASK side of the order book

  • In the order widget, select BUY and MARKET

  • Enter the number of position tokens you want to buy

  • Click APPROVE

  • Click FILL ORDER

Fill existing BUY LIMIT orders (SELL MARKET)

  • Go to MY DASHBOARD -> MY POSITIONS

  • Select the position token you want to sell

  • Check that there are existing orders on the BID side of the order book

  • In the order widget, select SELL and MARKET

  • Enter the number of position tokens you want to sell

  • Click APPROVE

  • Click FILL ORDER

⚙️
Create BUY LIMIT order. Left image shows approve step, right image shows create order step.
Create SELL LIMIT order. Left image shows approve step, right image shows create order step.
BUY Market
SELL Market