Purpose, Key Features & Benefits

Purpose

Fyda is designed for users to develop and automate trading strategies, specifically tailored to navigate changing market conditions and match market cycles effectively. The goal is to equip users with the tools and insights they need to maximize profits, to protect their investments and to make informed decisions while allocating their capital.

Key Features & Benefits

• Trade Automation: Fyda simplifies the trading process with automated buy, sell, and floor parameters using dynamic and limit orders. Implementing recurring strategies within specified ranges ensures a more efficient automation process.

• Advanced Order Types: Fyda provides single configuration buying and selling options, including strategies like Dollar-Cost Averaging, Buy the Dip/Recovery, Sell the Rally, Trailing Stop-loss, TWAP orders, and others, to improve execution.

• Non-Custody: Fyda leverages smart contracts to enhance the overall security framework, providing an added layer of protection to user assets and ensuring the integrity of transactions.

• Simulation: Simulation allows users to test strategies using historical and live market data, enabling risk-free evaluation and optimization before actual implementation.