Katana Perps — Self Trade Prevention
Learn how Katana Perps prevents self-trading with DC, CO, CN and CB policies for market makers, algorithmic traders and advanced order workflows. Read the curre
Built-In STP
The matching engine prevents orders from the same wallet or API account from trading against each other.
Supported Policies
- Decrement and Cancel (DC) — default
- Cancel Oldest (CO)
- Cancel Newest (CN)
- Cancel Both (CB)
Who Uses STP
STP is particularly relevant for market makers, algorithmic traders and accounts that maintain orders on both sides of the book.