Katana Perps — Reduce-Only Orders
Use reduce-only orders on Katana Perps to close or decrease existing positions without accidentally increasing or reversing exposure. Read the current Katana Pe
Position Safety Constraint
Reduce-only ensures an order can only decrease or close an existing position. It cannot increase exposure or flip a position from long to short or vice versa.
Common Uses
- Stop-loss orders
- Take-profit orders
- Closing positions safely
- Avoiding unintended exposure during fast markets