Graphene
Graphene is a licensed fork of CarbonDefi in the Velocimeter eco-system. This product allow users to create the following:
- limit orders
- range limit orders
- re-occurring limit/range orders
- overlapping liquidity
Each of these will be described below. For a simple explainer feel free to check out CarbonDefi's TLDR video
Limit Orders
Limit orders allow users to sell any quantity of one token for another token at a determined price.
Range Limit Order
These orders allow users to sell any quantity of one token for another token within a price range. For the entire order to be filled the price will need to go completely thru the range.
Re-occurring Limit/Range Orders
These orders allow users to sell any quantity of one token for another token. That other token is then used to buy the first token and independent price/range. It's similar to setting up two independent range/limit orders, except they at linked so that filling of one order will fund the other order.
ie: User wants to sell ETH at 4000 USDC. He also wants to buy ETH at 2000 USDC. So if the price passes 4000 USDC per ETH those ETH will be sold and that USDC will be placed at 2000 USDC ready to buy ETH if it returns there.
Overlapping Liquidity
These orders are similar to re-occurring orders. However, users only set 1 min and max and a spread. As the market price moves around inside this range tokens will be sold and placed on the other side, with a difference of the spread.