Scaled order

1: What is scaled order Scaled order allows for the batch placement of limit orders according to the set order quantity and allocation pattern within a specified price range, 2. How Scaled order work?

A scaled order can generate multiple limit orders within a specified price range. This order type is beneficial for managing large order quantities. It splits the order amount into several suborders and places them separately.

3: What’s benefit for Aster scaled order

1)Aster supports up to 110 order count, can ride the market trend to maximize returns.

2)Automatically scaled orders.

3)Scaled orders are particularly advantageous for traders who seek to avoid disclosing their full order volume to the market—a critical concern for those handling substantial quantities of an asset. The exposure of large orders can significantly sway the behavior of other market participants and, consequently, the asset’s price, potentially undermining the trader’s position.

Scaled order distribution： Equal: This type of distribution is the most straightforward. Each order within your total amount receives the same size. The amount distribution is uniform across all price points. You can use [Flat] when you expect the price to fluctuate within the range but have no specific bias towards it moving upwards or downwards.

Increasing: The order size systematically grows as the price escalates. The last order is characterized by the highest price and largest quantity, resulting in more of the asset being traded at a higher price. It's commonly employed to distribute sell orders and elevate the average selling price of the order.

Decreasing: The order size contracts as the price rises, and the order with the highest price will have the smallest quantity. In this case, a greater portion of the asset is traded at lower prices. It's typically used to spread out buy orders and lower the average buy price.

Random: As suggested by its name, this distribution type randomly allocates the size of each order at every price point within a defined range. With a random distribution, you'll need to enter the variance % (up to 10%). If you opt for a variance of 10%, it means the order sizes will be randomly distributed across a range with a 10% variation.

How to create a scaled order: 1: Connect your wallet to Aster and visit the Perps trading page 2:Select the Scaled order then customize the order parameters:

• Lower and Upper Price;

• Size;

• Order Count;

• Size Distribution.

3:After set the order, double confirm your setting: