Open DEX Bots management
https://elixoai.com/en/dexbots/
1. Prepare Your Exchange Account
For your first launch, choose one of the supported exchanges and fund your exchange balance. For Binance and Bybit, we recommend depositing USDT; for Hyperliquid, you must deposit USDC.
Please note:
- On Binance, Futures and Spot accounts are separate. An initial deposit usually goes to the Spot account. If you want to trade Futures, transfer the required amount from the Spot account to the Futures account within Binance.
- Bybit currently uses a “Unified Trading Account.” To trade on Bybit, your funds must be held in this Unified Trading Account. You will then be able to trade on both the Spot and Futures/Derivatives markets.
- On Hyperliquid, funds must be held in the “Unified Account.”
2. Create an API Key on the Exchange
Create a separate API key with read and trading permissions for the Futures or Spot markets, depending on the type of bot you want to create.
Do not enable withdrawals in the API settings. This prevents anyone from withdrawing funds from your exchange account even if they know your API key credentials.
When creating an API key on Binance or Bybit, add the current server IP address from the DexBots instructions to the exchange allowlist. It is currently 51.77.65.99. This means that your API key will accept commands only from this IP address and ignore requests from everywhere else.
Use the detailed instructions for your exchange:
Hyperliquid registration: https://app.hyperliquid.xyz/join/DIMKUD
Hyperliquid API: https://app.hyperliquid.xyz/API
Binance API: https://www.binance.com/en/my/settings/api-management
Bybit API: https://www.bybit.com/app/user/api-management
3. Add the API Key to ELIXOAI
Go to the ELIXOAI API keys page, select the exchange, and paste the API Key and Secret Key into the corresponding fields. Save the connection.
4. Understand What the DCA Bot Will Do
The bot opens its first order only after receiving a start signal. If the price moves against the position (falls for a Long bot), the exchange executes buy orders from the grid, whose prices and amounts have been calculated in advance.
This “averages down” the position and brings both the average entry price and the Take Profit price closer to the asset’s current market price.
After the market reverses and the price reaches the configured target, the position closes at Take Profit.
The DCA algorithm (building a position in parts) does not eliminate risk completely, but it reduces it compared with opening the full position in one large order. However, during a strong one-way move, both the position size and unrealized drawdown increase. This can result in losses or liquidation if risk management rules are ignored or trading risk is set too high, such as an excessive bot deposit or leverage.
5. Create a Ready-to-Use Dimkud Multi Bot
Open the bot creation page and complete these steps in order:
https://elixoai.com/dexbots/create_bot.php
- Select the exchange API key you added earlier, a supported pair (for example, “BTC/USDT” or “ETH/USDT”), and the Long direction.
- In “Quick settings presets,” select the Dimkud Multi preset for this exact pair and click “Load settings.” Do not use a BTC preset for a different pair.
- Check the loaded bot parameters: number of orders, grid coverage, Take Profit, and Stop Loss. A preset speeds up configuration but does not determine an amount that is safe for your balance.
- Set the desired “Leverage” (no more than 5x; lower is preferable) and “Bot deposit” (the amount you allocate to this bot). For bots to operate normally, the exchange must hold the full amount for every bot, plus an additional reserve equal to 100%–300% of the total allocated to all active bots that may start simultaneously. If you plan to run several bots at once, use the bot amount calculator to calculate the amount for each bot.
- In “Start signal builder,” select “Dimkud Multi 30” or “Dimkud Multi 15.” These are our preset signals designed to work with the Dimkud Multi presets.
Option 30 usually produces more entries but also a larger drawdown. Option 15 is more selective and generally more conservative in a falling market. - Save the bot. It should be created and move to the “Waiting for signal” status.
Read the complete guide to Dimkud Multi presets and signals
https://elixoai.com/en/docs/start-bots-signal/dimkud-multi/
6. Test One Bot Before Scaling
Start with one or two supported pairs and a small amount that you are comfortable using while you observe the system. Check that the bot appears in the list, waits for a Dimkud Multi signal, opens in the correct direction when it receives a signal, places the expected DCA orders, and updates Take Profit after fills.
- Use the bot amount calculator to align the amount with your total balance and the limit on bots that can operate simultaneously.
- Open Current trades and check the average price, grid fills, Take Profit, PnL, and distance to break-even.
- After the cycle is complete, open Statistics and review the closed result and fees.
- If the bot behaves differently from what you expected, stop new launches, check the API mode and bot settings, and only then continue.
7. When You Are Ready, Create the Full Set with Bots Wizard
After testing one bot and deciding to launch the full system, open Bots Wizard, the bulk DCA bot creation tool for selected currencies. Choose the verified API key, the Dimkud Multi signal, the total deposit, the “bots : reserve” ratio, the maximum number of bots that may operate simultaneously, and currency priorities. Review the preliminary calculation; the wizard can then create all 20 available Dimkud Multi bots for different currencies in a single operation.
https://elixoai.com/dexbots/botwizard.php
Creating 20 bots does not mean that 20 trades should open simultaneously. Configure the overall limit and the Long/Short limits according to a balance that can support the grids, and keep an available reserve for DCA orders.
We recommend allowing no more than 7–10 bots to run simultaneously. Read the detailed guide to bot-count restrictions.