# TWAP Execution

Cortex extends TWAP execution to the server side, removing the 12-hour limit and enabling long-duration execution with per-lot monitoring.

For an overview of how TWAP works (lot splitting, frequency, jitter, irregular lots, price bounds), see the client-side TWAP documentation. All of those options remain available in Cortex TWAPs.

### Server-Side TWAP

Cortex TWAPs execute entirely on the server. There is no upper duration limit, you can run a TWAP spanning minutes, days, weeks, or over a year. The browser does not need to remain open.

### Configuration

* **Total Size:** the total order size to execute
* **Total Lots:** the number of individual lots to split the order into
* **Total Time / End Date:** the duration or target end date for the TWAP
* **Slippage:** slippage tolerance for each lot execution

All stealth execution options from client-side TWAPs (Frequency Jitter, Irregular Lots, Price bounds) are also supported.

<figure><img src="https://1855557010-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FuzWZkA5631kraBpRETyN%2Fuploads%2FCpchMqykFBiffsEBRmXi%2FCleanShot%202026-03-31%20at%2015.55.40%402x.png?alt=media&#x26;token=1dc74932-ed7b-47c9-a98c-b8f3a4ab0422" alt="" width="341"><figcaption></figcaption></figure>

### Per-Lot Execution

Each lot within a Cortex TWAP can be individually monitored. Lots can execute using **Chase** and **Swarm** strategies for more sophisticated fill behavior on each individual lot.

### Monitoring

Track TWAP progress in real time from the Activity panel on any device:

* Overall progress percentage and duration
* Average fill price
* Total filled vs. target size
* Start time and estimated end
* Per-lot fill status with individual price, size, and timestamp

<figure><img src="https://1855557010-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FuzWZkA5631kraBpRETyN%2Fuploads%2FJuVaYXOrS5PA3gKrfxr1%2FCleanShot%202026-03-31%20at%2016.03.11%402x.png?alt=media&#x26;token=cfd6fff8-c525-4bba-a1e5-769da9f6f6d0" alt=""><figcaption></figcaption></figure>

TWAP is cancelable at any moment.
