Minimax Finance Docs

Stop Loss for LP tokens

Stop loss and take profit features are available for LP token vaults as well. E.g. an LP token costs $20 at the moment of staking. You can set stop loss at $19. If the LP token price falls below $19, the token will get automatically converted into stable coins. This way your potential losses won’t exceed a few percent of your initial deposit.
Take profit lets you automatically fix profit when an LP token price grows up to a certain level and your deposit will get automatically converted into stable coins once the price grows above the take profit level.
Please be aware that you can set both stop loss and take profit for each deposit.