Limit Orders
Execute trades when market cap conditions are met.
Limit Orders execute trades when your token's market cap falls within a specified range. This lets you set up conditional buy and sell orders that trigger automatically based on market conditions.
How It Works
- You set a market cap range (min and/or max) and a trade amount
- Sumo monitors your token's market cap in real time
- When the market cap is within your specified range, the strategy starts executing trades at the configured frequency
- Trades stop when the market cap moves outside the range, the duration is reached, or the budget is spent
Strategy Types
- Buy — Buy when market cap drops to your target range (buy the dip)
- Sell — Sell when market cap rises to your target range (take profit)
Configuration
Trade Amount
The size of each individual trade. Select the unit: USD, Quote (e.g. SOL, WETH, WBNB), or Token.
Spend Budget ($)
Optional maximum total spend. The strategy stops once the budget is exhausted. Leave empty for no limit.
Market Cap Range
| Field | Description |
|---|---|
| Min Market Cap ($) | Strategy only executes when market cap is above this value (optional) |
| Max Market Cap ($) | Strategy only executes when market cap is below this value (optional) |
Set both for a range, or just one for a floor/ceiling trigger.
Examples:
- Buy when market cap drops below $1M: set Max to $1,000,000
- Sell when market cap exceeds $10M: set Min to $10,000,000
- Buy only between $500K–$1M: set Min to $500,000 and Max to $1,000,000
Frequency
How often the strategy executes while the market cap condition is met. Enter a number and select: Seconds, Minutes, Hours, or Days.
Jitter
| Field | Description |
|---|---|
| Trade Amount Jitter (%) | Randomizes trade size by this percentage |
| Interval Jitter (%) | Randomizes interval by this percentage |
Duration
- Cycles — Execute a fixed number of trades, then stop
- Infinite (∞) — Run indefinitely while conditions are met
Wallet
Choose which wallets execute the trades — all wallets, a wallet group, or an individual wallet.
Strategy List View
Active limit order strategies display:
| Column | Description |
|---|---|
| Trade Amount | Amount per trade with jitter range |
| Interval | Time between trades with jitter range |
| Duration | Cycles or ∞ |
| Budget | Circular gauge showing spend progress (spent / total budget) |
| Net Change | Cumulative base and quote asset changes |
Use Cases
- Buy the dip — Set a Buy limit order with a max market cap to accumulate when price drops
- Take profit — Set a Sell limit order with a min market cap to distribute tokens as price rises
- Range trading — Combine buy and sell limit orders at different market cap ranges to trade within a band