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Coinrule Help Center

To start launching DeFi Rules, you’ll need to 

 a DeFi wallet. This connection allows Coinrule to automatically set up a secure 

DeFi wallets are non-custodial wallets that give you complete control over your cryptocurrency. Unlike centralized exchange (CEX) wallets, DeFi wallets ensure that you, and only you, have access to your private keys, offering greater security and autonomy.

These wallets are essential tools for managing and interacting with decentralized finance (DeFi) platforms.

Once your DeFi wallet is connected, you can create and launch rules to automate trades on decentralized exchanges (DEXs). This setup combines the power of automation with the benefits of decentralization, giving you more control and flexibility in your trading all while ensuring that your funds remain fully under your control at all times.

FAQ: What DeFi Wallets Are Supported by Coinrule?

Coinrule supports a variety of popular DeFi wallets, including:

For the best experience, desktop users can access their wallet via the corresponding browser extension, while mobile users can use the corresponding app.

FAQ: Which Wallet Should I Use and What If I Don’t Have One?

This is really a personal decision. The most popular options are MetaMask and hardware wallets such as Trezor and Ledger. Here’s a quick glance at both types:

 Physical devices that store private keys offline for maximum security. Great for long-term storage and large amounts of crypto (e.g., Ledger, Trezor).

 Digital wallets stored online as mobile apps, desktop programs, or browser extensions. Convenient for frequent transactions and interacting with dApps (e.g., MetaMask, Rabby).

Choosing the right DeFi wallet depends on your needs and preferences. Consider factors like:

: Hardware wallets are a great choice for maximum security.

: Software Wallets (e.g. Metamask) are user-friendly and integrate well with many platforms.

: Ensure the wallet supports the blockchain networks you intend to use.

We strongly recommend conducting your own research on the different wallet options to decide which one best suits your requirements.

DeFi Wallets

 refers to the blockchain network where your trades, transactions, or rules are executed. Examples include 

Each chain is a separate ecosystem where smart contracts operate and assets are transferred. When you see 

 it means your trades are being executed on the 

Each chain is a separate ecosystem where smart contracts operate and assets are transferred.

What is "Chain" in DeFi?

 is a service that connects to multiple decentralized exchanges (DEXs) to find the 

for your trades. Aggregators ensure that you get the most efficient trade execution across different liquidity pools.

" is displayed, it means the trade execution is being routed through the 

, which aggregates liquidity from various sources to give you the best trade outcome.

What is an "Aggregator" in DeFi?

 when your rule, trade, or strategy was initiated. For example: "

" indicates that the automated trading activity began today at 2:45 PM. 

This helps you track when your rule or strategy became active and monitor its performance from the start.

What is "Start" in my rule summary?

FAQ: What does "Triggered" refer to in rule summary?

 refers to the number of times specific actions (buying, selling, or notifying) have been triggered.

means your rule has triggered 69 actions out of a total of 72 opportunities. 

This metric helps you verify whether the rule or strategy is functioning as expected and completing all intended actions with errors.

What does "Triggered" refer to in rule summary?

FAQ: What is "Bought" in my rule summary?

 section displays the number of times assets have been purchased based on your rule or strategy.

 means the system has executed 23 buy transactions for your assets.

Monitoring this helps you see how frequently your strategy is purchasing assets and whether it's operating as intended.

What is "Bought" in my rule summary?

 section shows the number of times assets have been sold as part of a trading rule or strategy.

" means the system has executed four sell transactions for your assets.

This helps you track how often your assets are being sold and ensures transparency in your trading activity.

What is "Sold" in my rule summary?

 refers to the number of ongoing or active trades that haven’t been closed yet.

" means there are 5 active trades out of a limit of 100, as configured in the rule conditions.

When Open Trades is zero, it means all trades have been completed or closed, and there are no pending positions.

What does "Open Trades" mean?

 indicates the maximum amount of funds that your rule or strategy can allocate for trading at any given time.

" means the rule will not use more than $450 for its trades at any one time. If the max allocation i s reached, your rule will stop executing buys until a sell is executed freeing up some of the allocation.

This feature helps you manage risk by setting a 

 on how much of your capital is used for a specific rule or strategy.

What is "Max Allocation"?

 refers to the transaction fee required to execute operations on a blockchain network, such as trades or transfers. It is commonly paid in the blockchain’s native currency (e.g., ETH for Ethereum).

" means you paid $11.69 in transaction fees for this rule.

Gas fees fluctuate based on network congestion, with higher fees during busy periods.

FAQ: What does "Average" mean in Gas Fees?

 gas fee refers to the average transaction fee across 

" means that $1.36 is the average amount you paid in gas fees for each transaction executed as part of this rule.

This metric helps you assess how much you are paying per transaction over time, giving you insight into the rule's overall cost-efficiency and helping you compare it to other rules or market conditions.

What does "Gas" mean in DeFi?

 refers to the total value of assets that were exchanged (bought or sold) in your trade or strategy. In other words it is the 

, the full amount swapped from one crypto to another through the decentralized platform.

" means assets worth $4,206.89 were swapped as part of your rule's executions.

This value helps you understand the scale of your trading activity.

What does "Swapped" refer to?

 refers to the transaction fee required to execute operations on a blockchain network. 

 in the Multiswap summary refers to the total fee paid to execute all the swaps or operations in the batch. 

" means you paid $9.26 in transaction fees to complete the Multiswap.

This represents the overall cost of the Multiswap transaction.

FAQ: What does "Saved" mean in Multiswap Gas Fees?

 value refers to the amount of money you saved by batching multiple swaps into a single transaction instead of performing them individually.

" means you saved $1.36 on gas fees by consolidating multiple trades into a single transaction using our Multiswap feature.

This highlights the efficiency and cost-effectiveness of batching trades.

FAQ: What does the "Time" mean in Multiswap?

 refers to how long it took for the entire transaction to be processed and confirmed on the blockchain.

 means the Multiswap transaction took 1 minute and 2 seconds to complete.

What does "Gas" mean in Multiswap?

FAQ: What does "Batch" mean in Multiswap Summaries?

 refers to the total number of unique assets (coins or tokens) swapped as part of a single Multiswap transaction.

" means 38 different tokens were swapped together in one transaction.

What is "Batch" in my Multiswap details?

 refers to the difference between the expected price of a trade and the actual price at which the trade is executed.

This occurs because of price changes in the market while your transaction is being processed. For example, if you intend to buy a token at $100 but the market moves during execution and you pay $101, the $1 difference is the slippage.

: Prices can fluctuate rapidly, especially in low-liquidity markets.

: If there isn’t enough liquidity in the market, your trade can impact the price.

By understanding and managing slippage, you can minimize unexpected costs and ensure smoother trading experiences.

FAQ: How to manage "Slippage" in your Rule?

. This allows you to define the maximum percentage difference you are willing to accept between the expected price and the actual execution price for a trade.

 is the maximum percentage difference you’re willing to accept. For example, setting a slippage of 1% means you’re okay with paying up to 1% more or less than the expected price. The rule will execute the trade only if the price difference stays within 1%. If the market moves beyond this threshold, the trade will

, helping you avoid unexpected costs caused by high volatility or low liquidity.

By setting a slippage tolerance, you can better control your trades and maintain a consistent strategy.