As part of the default settings of the v4 open source software (”dYdX Chain”), the following advanced limit order options are available: Good-til-Date, Post-Only, or Immediate-or-Cancel. When selecting a limit order, traders can expand the Advanced section to reveal the following Time in Force and Execution policies:
Good Til Date - This order will be placed on the order book and automatically expires at the specified date.
Post-Only - Orders with post-only enabled can only be placed as maker orders. If the order crosses other orders at the time of placement, it will be automatically canceled.
Immediate-or-Cancel - This order will fill the order immediately and any part that isn’t filled will be canceled.
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