Carbon is an on-chain trading protocol allowing users to perform automated trading strategies using custom limit orders and range orders. Users can submit individual limit/range orders or combine their orders together to create “recurring strategies” that buy a token low and sell it high in distinct price ranges. Unlike existing AMMs, Carbon allows users to customize the spread between their buy and sell orders.
By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to execute novel trading strategies on-chain.