Spending Limits

Spending limits let specific members or external wallets send predetermined amounts from your Squad without requiring full approval. This streamlines routine operations while maintaining security through caps on amount, token, timeframe, and destination. Spending limits apply to transfers only. They do not apply to trading, staking, or other actions.

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Add a spending limit

1. Navigate to Settings
2. Open the Spending limits tab and select Add spending limit
3. Configure the parameters below
4. Review and select Initiate to submit the proposal for approval
5. The spending limit activates once the proposal is executed

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Parameters

The available amount resets at the beginning of each new timeframe period.

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View spending limits

Active spending limits appear in two places: on the member’s row on the Members page, and in the Spending limits tab in Settings.

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Update or remove a spending limit

1. Navigate to Settings and open the Spending limits tab
2. Find the spending limit and select the Edit spending limit or Remove spending limit icon
3. Make changes and select Initiate to submit the proposal for approval

Updating a spending limit replaces it and resets the amount already used.

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Best practices

• Specify destinations to restrict sends to known addresses rather than allowing any address
• Review regularly and audit limits periodically to ensure they match current operations
• Remove promptly when members leave the organization

Troubleshooting

Issue	Solution
Member can’t send with spending limit	Verify the limit is active (proposal executed), check remaining amount, and confirm the destination is allowed
Available amount differs from expected	Check when the timeframe resets and review recent sends
Removed member’s limit still active	Check the Transactions tab for a pending removal proposal and execute it

FAQ

What actions do spending limits apply to?Transfers only, including crypto sends and fiat transfers. They do not apply to trading, staking, or other Squad actions.How is this different from the threshold?The threshold requires multiple approvals for every proposal. Spending limits let specific members bypass the threshold for routine sends up to the configured amount.Can a member have multiple spending limits?Yes. You can set different limits for different tokens, sub-accounts, or destinations.