When you place an order at the best bid or ask price on @pendle_fi , do you find yourself hesitating over how long to set the order expiration time? It’s similar to waiting at a bus stop—you need to decide how long to wait. If you wait too briefly, you might waste time without catching the bus. But if you wait too long, you might catch the bus, yet feel like, “I should’ve just called an Uber or Grab.” When we can predict how long it will take for an order to be filled, it’s like knowing the estimated arrival time of the bus. If the waiting time is predicted to be too long, you can opt for an Uber. If the expected wait is within your tolerance, you can set an appropriate expiration time to avoid leaving too early and missing the bus. I’ve created a tool that predicts the waiting time for orders placed at the best price on Pendle. Feel free to try it out! (Of course, if you’re not using the best price, simply add up the number of orders at each price level from your order price to the best price, and you can get an approximate estimate.) The demo market of pic is tUSDe on Pendle tool link:
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