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An automated order waits for a condition and then trades for you. It keeps running when you close Telegram, switch profile, or go to sleep.

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Which one do I want?

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Targets are market caps

Every level you set in Dawn is a market cap, not a token price. This is the right way round for memecoins. A token price of 0.0000034 tells you nothing on its own; a market cap of $2M tells you what the coin is being valued at. It is also stable across supply changes. You can type shorthand — 250k, 1.5m, \$2m all work.
A $1M target means “wait until this coin is valued at $1 million”. It is not an instruction to trade $1 million.

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The two ingredients

Every order has a trigger and a size. Sells are percentages because the quantity you hold changes — a percentage stays correct after you have bought more or sold some.

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Expiry

Every limit order and ladder has one. The default is 24 hours. never keeps the order alive until it fills or you cancel it. Take-profit and stop-loss levels do not expire on that schedule; they stay with the position.

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What a trigger does and does not promise

When the condition is met, the order becomes a market trade, with your slippage and your settings. It fills at whatever the market gives it at that moment.
A target is not a guaranteed price. Between the trigger and the fill, the price can move; on a thin coin it can move a lot. A brief spike can also trigger an order and be gone by the time it executes.Orders reduce how much you have to watch. They do not remove market risk.
An order can also fail to fill — too little liquidity, a token that blocks selling, or gas above what you allow. Dawn tells you which, and whether the order is still armed.

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Before you place several

  • Nothing is reserved. Two limit buys for $100 each need $200 on your balance when they fire, not when you place them.
  • Orders belong to a wallet. An order placed from one wallet acts on that wallet’s holding only.
  • They survive a profile switch. Check /limitorders in each profile before assuming nothing is armed.
Manage everything from one place: Managing orders.