RUJI Trade is Rujira's orderbook exchange. It gives you more control over how you buy or sell BTC than a simple instant swap, while keeping the flow wallet first and fully onchain.

Trade Bitcoin. Stay in control.

Q: What is the difference between an orderbook and a swap?

A swap usually gives you one immediate route at the current price. An orderbook shows live buy and sell interest and lets you decide whether you want speed, a specific price, or a more systematic order style.

Q: Do I need trading experience to use RUJI Trade?

No. You do not need to be an advanced trader to start. Many people begin with a small market or limit order, learn what each panel does, and build confidence from there.

Q: What is the easiest order type for beginners?

A market order is usually the simplest when you want a trade to happen right away. A limit order is the next easiest step if you want more control over the exact price.

Q: What happens if my limit order does not fill?

It stays open until the market reaches your price, you cancel it, or it fills only partially. You can always check its progress in the open orders area.

Q: How does RUJI Trade connect to the rest of Rujira?

RUJI Trade is where much of the ecosystem meets. RUJI Swap routes through these same market pairs, the AMM helps provide liquidity to the books, and liquidations are pushed into the market as sell orders.

Q: Can I trade Bitcoin against stablecoins on RUJI Trade?

Yes. The starter market for this page is BTC/USDC, which means you are trading BTC against USDC.

Q: Is RUJI Trade only for advanced users?

No. The screen shows more market detail than a swap page, but you only need a few basics to start: the pair you are trading, the order type you want, the amount you want to trade, and where to check your open orders afterward.

Q: How do I know which order type to use?

Use Market when speed matters, Limit when price matters, Tracking when you want the order to follow market movement within your rules, Recurring when you want to build or reduce a BTC position over time, and Scale Order when you want to spread one trade across a chosen price range.

Q: What are the three things I should check before placing my first orderbook trade?

Check the pair you are trading, the order type you selected, and where the order will show up afterward. If you understand those three things, you already have enough to place a first trade calmly.

Trade native BTC directly from your wallet. No custody, no wrapped assets, no intermediaries.

Use a real orderbook to choose your price instead of relying on swaps.

Start trading

I'm new to orderbooks

Trade Bitcoin. Stay in control. sections

RUJI Trade

What is RUJI Trade?

RUJI Trade is where buyers and sellers meet to trade Bitcoin directly from their own wallets. Instead of accepting a single price, you can place your own orders, choose your level, and decide how your trade happens. Think of it like this: You choose the price. The market decides when it fills.

RUJI Trade is also where everything connects. Swaps route through these markets, liquidity supports them, and other Rujira products feed into the same orderbooks. That makes it the clearest place to understand how the entire system works.

Revenue flow to stakers

Interaction between products

RUJI Collections

RUJI Launchpad

RUJI Swap

RUJI Perps

RUJI Predict

RUJI Options

TC Base Layer Pools

RUJI AMM

RUJI Trade

RUJI Money Market

Stablecoin

RUJI Liquidation

Why RUJI Trade

Why use RUJI Trade

Trade with more control, clearer pricing, and direct access to native BTC.

RUJI Trade is built for Bitcoin users who want an orderbook without handing control to an intermediary. You keep your BTC in your own wallet, trade native BTC instead of wrapped versions, choose the order style that fits you, and use infrastructure that runs onchain and is reviewed in public.

Comparison

Where RUJI Trade stands out

Different venues serve different traders. This quick view helps you see where RUJI Trade fits best for people who want self-custody, native BTC access, and onchain market infrastructure.

Comparison table for RUJI Trade and other well-known orderbook venues
Category	RUJI Trade	Hyperliquid	dYdX	Vertex	Binance
Trading setup	Self-custody from your own wallet	Wallet-connected venue	Self-custody through a dYdX Chain wallet	Connected wallet with onchain account access	Custodial exchange account
Asset focus	Native BTC orderbook access	Spot and perp books across venue markets	Perpetual markets on dYdX Chain	Spot and perpetual markets through a unified orderbook	Large exchange market catalog
Order flexibility	Market, limit, tracking, recurring, scale	Advanced order types, TWAP, and trigger orders	Market, limit, stop, and take-profit order types	Spot, perp, and trigger-based order controls	Broad exchange order menu
Transparency	Onchain infrastructure reviewed in public	Onchain exchange with public docs	Open-source chain infrastructure with public docs	Onchain exchange infrastructure with public docs	Venue-run infrastructure
Typical fit	Bitcoin users who want control without giving up custody	Active traders who want an onchain venue with broad tooling	Perp traders who want self-custody on a dedicated appchain	Traders who want spot and perp tools in one onchain venue	Traders who want deep centralized exchange access

Comparison is directional. Exact order menus and market coverage vary by venue, asset, and region.

Order Types

Choose the order type that fits your goal

Each order type gives you a different way to trade: fast execution, more price control, automatic tracking, or gradual buying and selling over time.

Scroll down to see the differences, try each one out, or use the buttons to jump straight to the order type you want.

Market Order

Trade instantly at the best available price.

Use this when you want BTC exposure right away and you are comfortable letting the live orderbook decide the final fill. It is the fastest option, but the exact price can move while the order is being matched.

Example: If BTC is trading near 66,350 USDC and you market buy 1,000 USDC, the order fills immediately at the best asks available, even if the average fill ends up closer to 66,410.

MarketLimitAdvanced

Available

2,500

Qty. (USDC)

0%100%

Estimated Price: 66,358.64USDC
Estimated Return: 0.018814BTC
Fee: 0.000023BTC
Price Impact: 0.20%

Limit Order

Set your price and wait for the market to reach it.

Use this when your price matters more than speed. Your order sits in the book until the market reaches your level, so you keep more control but accept that nothing happens until a counterparty matches you.

Example: If BTC is trading at 66,350 USDC and you only want to buy at 65,800, you place a limit buy at 65,800 and wait for sellers to trade into that level.

MarketLimitAdvanced

Available

2,500

Qty. (USDC)

0%100%

Price (USDC)

Return: 0.019198BTC
Fee: 0.000023BTC

Tracking Order

Let your order follow the market automatically.

Use this when you want your order to stay near the market without manually editing it every few minutes. You choose a tracking gap, and the order keeps adjusting as price moves until it fills or you cancel it.

Example: If BTC is 66,350 USDC and you set a buy tracking order 250 USDC below market, the order starts near 66,100 and keeps updating as BTC moves.

MarketLimitTracking

Available

2,500

Qty. (USDC)

0%100%

Deviation(bps)

Oracle BTC price:66,722.9USDC

Premium:0.3%

Current execution price:66,923.07USDC

Estimated Return: 0.018656BTC
Fee: 0.000022BTC

Recurring Order

Build or reduce a position over time.

Use this when you want to break a larger trade into smaller scheduled orders. That helps you average in or out more gradually instead of relying on one single entry point.

Example: Instead of buying 4,000 USDC of BTC all at once, you could buy 500 USDC every Monday for 8 weeks.

MarketLimitRecurring

Available

2,500

Total Deposit (USDC)

0%100%

Number of swaps

Every

No Price Ceiling

Max Price Impact %

MultiplierReference Price (USDC)

Total deposit: 1,250USDC
Swap size: 125USDC
Estimated duration: 4 hours x10
Estimated Return: 0.03758BTC

Estimated fee per swap: 0.000005BTC
Estimated automation fee: 0.000047BTC
Estimated total fee: 0.000054BTC

Scale Order

Spread one trade across a price range

Scale Orders let you place multiple limit orders between a start price and an end price, split evenly across the range. This helps you enter or exit a position more gradually instead of relying on a single price.

Example: If BTC is above your target zone, you can split one buy into 5 limit orders between 72,734.7 USDC and 70,000 USDC instead of relying on one single level.

MarketLimitScale Order

Available

2,500

Qty (USDC)

0%100%

Start Price (USDC)

End Price (USDC)

Total Orders

2 to 50 orders allowed

Skew Size

Scale order preview rows for BTC/USDC
#	Price (USDC)	Amount (USDC)	Return (BTC)
1	72,734.700000	0.200000	0.000003
2	72,051.025000	0.200000	0.000003
3	71,367.350000	0.200000	0.000003
4	70,683.675000	0.200000	0.000003
5	70,000.000000	0.200000	0.000003

Return: 0.000014BTC
Avg. Price: 71,367.35USDC
Fee*: 0BTC

See How They Compare

Choose what fits you best

Use this matrix to see which orders prioritize speed, price control, or more gradual execution.

SpeedControlFasterSlowerLess controlMore control

Market Order

Limit Order

Tracking Order

Recurring Order

Scale Order

Market Order

Trade instantly at the best available price.

SpeedHighestControlLow

TradeoffFill price can move with the book.

Limit Order

Set your price and wait for the market to reach it.

SpeedLowerControlHighest

TradeoffIt may never fill.

Tracking Order

Let your order follow the market automatically.

SpeedMedium-highControlMedium-high

TradeoffYou need a tracking gap that still makes sense.

Recurring Order

Build or reduce a position over time.

SpeedLowestControlPlanned

TradeoffIt takes longer to complete.

Scale Order

Spread one trade across a price range

SpeedLowerControlHigh

TradeoffYou need a price range that matches your plan.

Orderbook Explained

The few parts you need to place a first trade

An orderbook shows what buyers are willing to pay and what sellers are willing to accept. It may look complex at first, but you only need a few parts to place your first trade.

Start with the pair, the order type, and your amount. The rest can wait.

66,358.64

24h Change: -0.21%
24h High: 66,848.02 USDC
24h Low: 65,625.96 USDC
24h Volume: $67,907K
Market Cap: $1,324T

Order Book

Static order book preview for BTC/USDC
Price (USDC)	Amount (BTC)	Value (USDC)
66,710.97	0.0001	6.7124
66,693.30	0.0415	2,768.8875
66,679.17	0.0100	0.6668
66,647.39	0.0001	6.6647
66,618.60	0.0021	137.5233
66,616.09	0.0001	6.6613
66,580.80	0.0001	6.6833
66,547.52	0.0001	6.6820
66,514.27	0.0001	6.6800
66,485.60	0.0021	142.3822
66,481.02	0.0001	6.6786
66,447.80	0.0001	6.6766
66,195.51$66,182.73 Spread0.20%
66,129.26	0.0001	6.6133
66,069.19	0.0012	84.3473
65,991.69	0.0001	6.5992
65,951.90	0.0021	141.8130
65,946.10	0.0001	6.5946
65,915.13	0.0001	6.5915
65,882.17	0.0001	6.5789
65,849.23	0.0001	6.5712
65,824.40	0.0018	118.4839
65,801.54	0.0001	6.5664
65,776.11	0.0001	6.5620
65,742.85	0.0054	355.0114

Market History

Static market history preview for BTC/USDC
Price (USDC)	Amount (BTC)	Time
66,358.64	0.0087	11:05:38
66,305.51	0.0910	11:03:59
66,357.33	0.0001	10:58:24
66,223.65	0.0001	10:52:47
66,246.10	0.0001	10:46:03
66,321.40	0.0002	10:39:18
66,222.63	0.0118	10:34:42
66,189.54	0.0001	10:29:57
66,348.56	0.0598	10:24:41
66,444.68	0.0081	10:19:26
66,395.18	0.0002	10:14:55
66,308.51	0.0091	10:11:39
66,214.61	0.0003	10:04:12
66,172.84	0.0042	09:58:44
66,140.27	0.0065	09:58:17
66,118.92	0.0124	09:54:09
66,087.43	0.0027	09:44:45
66,041.36	0.0156	09:41:18
66,008.12	0.0204	09:35:02
65,989.77	0.0061	09:28:56
65,963.44	0.0098	09:22:31
65,948.26	0.0137	09:14:08
65,932.05	0.0046	09:08:44
65,901.84	0.0071	08:56:22
65,877.60	0.0039	08:41:17
65,841.92	0.0058	08:22:54
65,819.54	0.0001	08:09:06

AutoClaim OffShow this pair only

Static open orders preview
Pair	Side	Type	Date	Current Price	Order Price	Amount	Remaining	Value	Filled	Unclaimed	Fee
BTC / USDC	Buy	Limit	11/03/26 10:10	66,195.51 USDC	70,200.00 USDC	0.0014 BTC	0.0014 BTC	1,000 USDC	0.00%	-	0.0000 BTC
BTC / USDC	Sell	Limit	02/09/25 16:30	66,195.51 USDC	71,400.00 USDC	0.1000 BTC	0.1000 BTC	7,140.00 USDC	0.00%	-	0.0000 BTC

Chart Area

Price context at a glance

The chart shows recent price structure, momentum, and nearby swings. Use it to understand where price has been moving before you decide whether to trade now or wait for a better level.

Orderbook

Where live bids and asks sit

This is the live stack of resting buy and sell orders. It helps you see where liquidity is sitting, how tight the spread is, and where larger pockets of size may slow price down.

Buy / Sell Panel

Where you place the trade

This is where you choose Buy or Sell, pick the order type, enter your amount, and review the estimate. For a first trade, this panel is the main workflow that actually opens the order.

Market History

Recent trades that already happened

These are trades that already executed, not orders still waiting. It helps you judge how active the market is and whether recent prints are clustering around one price zone.

Open Orders

Orders that are still waiting or filling

Your submitted orders appear here while they wait, partially fill, or finish. Check this area to track remaining size, see what is still working, and decide whether to leave it live or cancel it.

Pair and Balances

Know what you are trading and spending

This top bar confirms the pair, the latest reference price, and the balances you can use. It is the quickest sanity check before you place anything in the wrong market or with the wrong wallet balance.

If you know the pair, the order type, and where your order appears after you submit, you know enough to start.

You are ready

You now understand how to use an orderbook.

Now choose how you want to use it.

Start simple by placing your first trade, or take it further by putting your capital to work automatically.

Put your capital to work

Explore Automated Trading

Provide liquidity in a price range and earn as the market trades through it.

Start simple

Open RUJI Trade BTC/USDC

Place your own orders and learn how the market moves.

What is RUJI Trade?

What is the difference between an orderbook and a swap?

Do I need trading experience to use RUJI Trade?

What is the easiest order type for beginners?

What happens if my limit order does not fill?

How does RUJI Trade connect to the rest of Rujira?

Can I trade Bitcoin against stablecoins on RUJI Trade?

Is RUJI Trade only for advanced users?

How do I know which order type to use?

What are the three things I should check before placing my first orderbook trade?

Trade Bitcoin. Stay in control.

Trade Bitcoin. Stay in control. sections

What is RUJI Trade?

Why use RUJI Trade

Where RUJI Trade stands out

Choose the order type that fits your goal

Trade instantly at the best available price.

Set your price and wait for the market to reach it.

Let your order follow the market automatically.

Build or reduce a position over time.

Spread one trade across a price range

Choose what fits you best

Market Order

Limit Order

Tracking Order

Recurring Order

Scale Order

The few parts you need to place a first trade

Order Book

Market History

Price context at a glance

Where live bids and asks sit

Where you place the trade

Recent trades that already happened

Orders that are still waiting or filling

Know what you are trading and spending

You now understand how to use an orderbook.

Explore Automated Trading

Open RUJI Trade BTC/USDC

Questions new traders ask first

Everyone

Developers

Ecosystem

Community