The thing DEXs hate the most is that you can only buy and sell at market price, and slippage can sometimes be painfully severe.
But on Cetus, you can utilize its liquidity range mechanism to achieve the effect of a 'limit order'.
Suppose you want to buy the dip when SUI falls to $1.0, you can provide liquidity in USDC unilaterally and set the range near $1.0.
When the price falls below this range, your USDC will automatically convert entirely into SUI.
This tactic not only avoids the hassle of monitoring the market but also allows you to earn some fees during the order duration, achieving two goals at once.
But on Cetus, you can utilize its liquidity range mechanism to achieve the effect of a 'limit order'.
Suppose you want to buy the dip when SUI falls to $1.0, you can provide liquidity in USDC unilaterally and set the range near $1.0.
When the price falls below this range, your USDC will automatically convert entirely into SUI.
This tactic not only avoids the hassle of monitoring the market but also allows you to earn some fees during the order duration, achieving two goals at once.