# Introduction to DeFi stop-losses on Bogged Bogged are proud to be DeFi’s first providers of stop-losses. Since launch, we have been continuously improving on features, aiming to give our users an experience that is as easy to understand and use as possible, without compromising on advanced functionality. Bogged DeFi Stop Losses use an **innovative contract and execution model** which allows for Trustless Stop Losses. As with Bogged Limit Orders, stop-losses are completely automatic and cloud-based, meaning users do not need to keep their devices switched on or download any software. ## Supported Chains Currently, Bogged stop-losses work on BNB Chain, Avalanche, Cronos and Fantom, with further expansion planned for the near future. ## BOG Requirements and fees Stop-losses require traders to hold a certain amount of BOG token in their wallet to use. As with all our products that require BOG holdings, once the order is completed users can sell or hold their BOG as they please. * Wallet must hold 100 BOG * Each order costs $2.50 of BOG or $3.00 of native token (AVAX, BNB, FTM etc) to cover network costs 👉 See the next section for a quick introduction to the concept of a stop-loss order --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.bogged.finance/bogged-finance/product-information/stop-loss-trailing-stop-loss/introduction-to-defi-stop-losses-on-bogged.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.