THENA introduces onchain stop-loss and take-profit orders with Orbs protocol

Key takeaways:

• THENA is the first decentralized exchange on BNB Chain to adopt Orbs’ decentralized stop-loss and take-profit protocol.
• The integration allows AMM traders to automate risk controls and profit-taking without centralized intermediaries.
• This launch expands Orbs’ suite of trading tools, which also includes decentralized limit and TWAP orders.

Orbs dSLTP arrives on THENA with CEX-style risk tools

THENA, a decentralized exchange operating on BNB Chain and opBNB, has integrated Orbs’ newly launched dSLTP protocol. The move brings automated stop-loss and take-profit order capabilities to the platform’s automated market maker (AMM), enabling users to set trade conditions similar to those found on centralized exchanges.

The integration comes just days after Orbs officially introduced the dSLTP protocol, marking the protocol’s first adoption. With it, THENA traders can now configure automated exits for swaps by setting target prices and expiry conditions, helping manage downside risk and capture upside without manual intervention.

While these order types are standard on centralized platforms, they’ve been largely absent from AMM-based trading due to architectural limitations. Orbs’ approach offers a decentralized alternative that operates without off-chain executors or centralized infrastructure. The solution is fully permissionless and composable, making it compatible with other DeFi protocols.

How the dSLTP protocol works onchain

The dSLTP interface within THENA provides granular control over stop-order configuration. Users can customize parameters such as trigger price and expiration, tailoring strategies to meet specific trading goals. The tool enables conditional execution of swaps that would otherwise require manual monitoring or third-party services.

This feature adds to Orbs’ growing Layer-3 trading suite, which includes dLIMIT for limit orders and dTWAP for time-weighted average price execution. Collectively, these tools facilitate millions of dollars in monthly automated trade volume and offer DeFi platforms more flexibility in replicating features traditionally limited to centralized exchanges.

The bottom line

By integrating dSLTP, THENA becomes the first AMM on BNB Chain to support native stop-loss and take-profit orders, bringing a new level of trading precision to DeFi users. As decentralized infrastructure evolves, features that once defined centralized exchanges are increasingly becoming accessible onchain — a shift that could reshape how traders manage risk and execute strategies in permissionless environments.