# 限价單交易 & 时间加权平均价格 (TWAP)

![](/files/DvXmYQwSd0kOwUx5CNb0)

{% hint style="info" %}
**原限价单（v2）已弃用，将不再进行维护。**&#x8BF7;再度确认您正在使用的为新版限价单网址：<https://pancakeswap.finance/swap/limit>。新版限价单将可用于 PancakeSwap 所有流动性类型。\
**Limit Order (V2) has been deprecated and no longer in maintenance.** Please ensure you are using the latest limit order feature that supports all PancakeSwap liquidity type: <https://pancakeswap.finance/swap/limit>
{% endhint %}

限价单（ Limit Orders），您可以进行一些指令设定，以在特定价格执行您的买入/卖出挂单。仅在当 PancakeSwap 上代币价格达到您的设定的（或更佳）价格时，交易才会执行。

TWAP（时间加权平均价格）是一种常见的订单类型，它将订单分解成数个、数额较小的单子，并在固定的时间间隔内执行。TWAP 订单的主要功能为降低滑价的影响。

#### 由 Orbs 提供技术支持 <a href="#powered-by-orbs" id="powered-by-orbs"></a>

限价订单和 TWAP 功能由 [Orbs](https://www.orbs.com/) 开发，采用 Orbs 的 [L3 技术](https://www.orbs.com/overview/)。


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