1️⃣Create a DCA
Last updated
Last updated
It's always possible to set multiple DCAs for different pairs from the same address. It's possible to set only one DCA on the same pair from the same address.
After selecting the chain you want to execute the DCA on and connecting your wallet, you will be able to open a new position. On the subsequent interface you will find the following variables:
that you're going to "sell" (so the quote token that you are going to use for the DCA, whether it's in or out);
that you're going to "buy" (so the base token that you want to receive as a result of the DCA).
Every how many days you want the DCA to be executed and how many number of executions you want the DCA to last for ("Total number of execution").
Select the amount of quote token (the token "you sell") for each execution.
There is a minimum amount (estimated in $) depending on the chain.
The default amount set for non-mainnet chains is: 50 USDC (or equivalent)
You can automatically set the amount to the minimum for the chain by selecting "minimum"
You can enable price limits on your DCA by selecting this option.
This feature is to make sure that your DCA has a low average filling price and you are accumulating the token exclusively in the price area of interest.
In this case you are required to fill the field indicating the maximum price for the base token that you are DCAing in, priced in the quote token.
If at the scheduled time for execution the set price condition won't be satisfied, the execution will be skipped and the DCA won't be executed until the next scheduled execution.
You can select select the wallet where to receive the base token after every execution.
If you do not activate the toggle, the default wallet where you will receive the tokens is the same wallet you will be activating the DCA from.
You can select the first execution date for the DCA.
The default option is today.
