# Limit Orders

Limit orders simplify the acquisition process for bonders. Instead of constantly monitoring markets for the right entry point, you can now set your desired price or discount and let the system do the work for you. 

Limit orders can only be placed within bond markets that have chosen one of the following quote assets:

<table><thead><tr><th>Asset</th><th width="197">Asset</th><th>Asset</th></tr></thead><tbody><tr><td>USDC</td><td>WETH</td><td>OHM</td></tr><tr><td>DAI</td><td>WBTC</td><td>tBTC</td></tr><tr><td>USDT</td><td>wstETH</td><td>CRV</td></tr><tr><td>FRAX</td><td>frxETH</td><td>CVX</td></tr><tr><td>LUSD</td><td>rETH</td><td>AURA</td></tr><tr><td>DOLA</td><td>cbETH</td><td>BAL</td></tr></tbody></table>

### **How Does It Work?**

<figure><img src="/files/Xoc7eqSbKv96N8fn9ImE" alt=""><figcaption></figcaption></figure>

1. **Choose Your Price**: Specify the conditions for when you want the transaction to occur (i.e. the USD price you want to pay for the payout token)
2. **Set Your Order Expiry**: If the selected price or discount isn't met within this time frame, the transaction will expire
3. **Determine the Amount to Bond**: Indicate the quantity of tokens you want to exchange (i.e. your quote token)
4. **Place Limit Order**: Approve the settlement contract and sign limit order conditions

### **Fee Structure**

Fees are deducted from the quote token you provide to cover gas costs. If the fee is above the maximum when conditions are met, the order will not be filled, but will remain valid and execute if gas fees decrease before expiry.

After placing an order, you can view your active orders for a particular market on the orders tab of that market page or see all of your orders across markets on the Dashboard.


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