IrisApp has rolled out automated limit orders on Robinhood Chain, letting traders set buy and sell targets for any token on the network and walk away while the smart contract does the rest. The feature went live on July 27, just weeks after Robinhood Chain itself launched its public mainnet on July 1. Here’s the thing: limit orders are table stakes on centralized exchanges. On-chain, they’re surprisingly hard to pull off without some centralized middleware gumming up the works. IrisApp is pitching a fully on-chain execution model, meaning no off-chain intermediaries sit between a user’s order and its fill. What IrisApp actually does The platform already supports cross-chain trading across Ethereum, Binance Smart Chain, Base, and Arbitrum. Robinhood Chain is the newest addition to that roster. The automated limit order feature lets users pick a token, set a target price, and let the protocol handle execution. If the price hits the mark, the trade fires. If it doesn’t, nothing happens. IrisApp operates under the broader Iris Ecosystem and charges a 0.25% fee on swaps. Those fees flow directly to IrisDAO, the project’s decentralized governance treasury. The limit order functionality h...
IrisApp launches limit orders for automated trading on Robinhood Chain
1 week ago
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