i’m seeing standers getting confused and mentally blocked around block trades. fair enough. i did not get them instantly either. it took me a while to dig in, try them, and see why they matter.

@StandX_Official sips are product upgrades. each one adds a new trading tool or improves how traders use the venue. sip-1 is about trade entries and sip 4 uses the builds on the same tech stack for trade exits.

Block Trades

sip-1 is block trades. it is p2p and fully onchain. one trader creates a trade at the price they want, another trader takes the other side, and the trade settles onchain.

i use it when i am not in a rush. instead of clicking fast and hoping for a clean fill, i set the price i want and wait.

TP & SL Block Options

sip 4 is block options. this one is about exits.

normal take profit and stop loss orders close automatically when price hits the level. that works, but it is blunt. one nasty wick hits your stop loss and you are out.

sip 4 gives more control. block SL helps reserve a protective exit. block TP helps reserve a profit exit and earn the reservation fee.

simply put:

• sip-1 helps me get a cleaner entry
• sip-4 helps me get a smarter exit

do you understand block trades a bit more now anon?

once you understand you can farm points and yield delta neatral kinda risk free as explained here by my fren @CryptoBE2.

but first just a have cheeky try at publishing your first block trade to the world today: standx.com/perps/block-trade