Common Questions, Clear Answers

RUJI Trade is Rujira's orderbook DEX¹ that allows you to trade cryptocurrencies using Market Orders, Limit Orders more advanced orders types to give you full control over your trades.

Unlike many DeFi platforms that rely only on automated market makers (AMMs)², RUJI Trade uses a traditional orderbook system similar to centralized exchanges. This means traders can place precise buy and sell orders at specific prices.

RUJI Trade allows users to trade supported assets while maintaining full custody of their funds, since all trades happen directly from your connected wallet.

You can access RUJI Trade.

Most DeFi platforms use monolithic AMM DEX, where trades occur against liquidity pools exclusively.

RUJI Trade instead uses an orderbook model, where traders place buy and sell orders that are matched with other traders or AMM strategies. The AMM strategies are built on top of the orderbook, which acts as an intent matching engine between various liquidity sources and strategies.

This approach allows for:
More precise price control
The ability to place Limit Orders
Better trading strategies for active traders, including one click algorithmic strategies available directly from RUJI Trade

Because RUJI Trade is integrated with Rujira's ecosystem, it can also interact with liquidity strategies and automated market making systems.

A Limit Order allows you to buy or sell an asset at a specific price you choose.

For example:
If Bitcoin is trading at $60,000 and you place a limit buy order at $58,000, your order will only execute if the market reaches that price, and you will receive exactly the price you requested.

Limit Orders give traders more control over when and how their trades are executed.

A Market Order executes immediately at the best available price in the orderbook.

Instead of choosing a specific price, a Market Order simply buys or sells using the available liquidity in the orderbook.

Market Orders are useful when you want to execute a trade quickly.

RUJI Trade supports multiple trading pairs using assets available within the Rujira ecosystem.

Examples include pairs involving:
BTC
ETH
USDC
SOL
XRP
BNB
TRX
DOGE
USDT
RUNE
Full list available here

The available pairs may expand as new chains get connected to THORChain and new assets are added.

No. RUJI Trade is non custodial¹, which means your funds remain in your wallet or in smart contracts until a trade is executed.

When placing orders, assets are temporarily reserved by the protocol but remain controlled by your wallet.

RUJI Trade has competitive trading fees for all the different order types. The fees show in the order summary and you can review them before approving your transaction in RUJI Trade.

Typically, RUJI Trade charges a 15bps fee for taker orders, 7.5bps for limit and tracking orders, and 2.5bps for algorithmic strategies built into the protocol.

These fees help support the Rujira ecosystem and are distributed to RUJI stakers and THORChain node operators.

Yes. RUJI Trade provides non custodial algorithmic strategies that can be configured with a tight spread for automated market making, or with a wider spread to act like a grid bot. All those strategies provide liquidity to the orderbook.

These strategies help ensure that markets remain liquid and that traders can execute orders efficiently.

Algorithmic strategies allow anyone to provide capital to the markets and earn a profit by trading volatility, democratizing access to market making and systematic strategies.

RUJI Trade is designed for both:
Beginner traders who want a simple trading interface
Advanced traders who need more precise order control
Anyone who wants to benefit from algorithmic strategies trading 24/7, available from a simple interface with pre set options for beginners and full customization for advanced traders

Because it uses an orderbook system, RUJI Trade provides tools that many traders are already familiar with from centralized exchanges. It also provides novel algorithmic trading tools that are easy to use and not available on any other exchange.

At the same time, it maintains the benefits of decentralized finance, including self custody and transparency.