Swap
Last updated
Last updated
Prerequisites
Launch the web-app and connect your wallet.
Ensure you have sufficient HBAR for network fees and tokens to swap.
Navigate Interface
Head over to the "Swap" page.
Specify Swap Details
Click on "TokenA" to bring up the token menu.
Choose from a list of Default and Extended tokens.
For Untracked tokens, manually enter the token ID (e.g., 0.0.123456).
A disclaimer must be acknowledged for Extended and Untracked tokens.
Repeat the above step for "TokenB."
Input the quantity of tokens you wish to swap.
ExactInput: Swap an exact amount of TokenA for an estimated amount of TokenB.
ExactOutput: Swap an estimated amount of TokenA for an exact amount of TokenB.
Set your preferred slippage tolerance in the settings. E.g., a 0.1% tolerance will cause the swap to fail if slippage exceeds this value.
Slippage Tolerance: This represents the slippage you are willing to tolerate in a trade. The default setting is 0.5%, but can be adjusted based on factors such as liquidity. To modify, click the pencil icon next to 'Slippage' or use the gear icon in the navigation bar. A lower value provides price accuracy but may result in failed transactions. Conversely, a higher value boosts transaction success rate but could lead to price discrepancies.
Review swap details.
Min. Received: The minimum amount of TokenB received on a swap. This appears for ExactInput swaps and varies, depending on the slippage tolerance.
Max. Sold: The maximum amount of TokenA sold on a swap. This appears for ExactOutput swaps and varies, depending on the slippage tolerance.
Price Impact: The percentage difference between the market price and the estimated swap price. Higher impact indicates a less favorable swap, often due to low liquidity. Lower impact is usually better and occurs in high-liquidity pools.
Fee: A swap incurs a fee ranging from 0.05% to 1.00%, depending on the liquidity pool. Of this fee, 5/6 is allocated to liquidity providers, while 1/6 goes to the protocol. Keep in mind that this is separate from Hedera network fees. Multi-hop swaps incur a fee for each involved liquidity pool.
You can toggle between alternative routing options, however note that the optimal route is selected by default.
Execute Swap
Opt between a one-time or max token allowance.
Click the "Approve & Swap" button.
Complete the transaction in your wallet.
Transaction Confirmation
Post-transaction details can be viewed on HashScan.
