Swap
Swapping tokens and managing liquidity on one network
The Swap page (/v/<network>/swap) exchanges one token for another on the selected network. Alcor finds the best route through its liquidity pools and, by default, also through the order book, so a swap acts like a market order: you get the current price, not a price you set. To trade at a price you choose, use Spot.
To swap tokens on different networks, use the cross-chain swap on the home page.
Making a swap
- Choose the token you pay and the token you receive. The arrow between them reverses the pair.
- Enter an amount in either field; the other is quoted from the current route and refreshes as prices change.
- Check the details under the form:
- Expected Output — what you should receive.
- Price Impact — how much your trade moves the price. It is larger in pairs with little liquidity.
- Min. Received — the least you accept after slippage. If the price moves beyond it, the swap fails instead of filling worse.
- Multiroute — the pools and order book markets the swap is split across.
- Confirm the transaction in your wallet.
A pair has its own link, for example /v/wax/swap/wax-eosio.token_tlm-alien.worlds. A chart of the selected pair is shown next to the form.
Transaction settings
The gear icon opens:
- Slippage % — Auto, 0.5%, 1% or a custom value.
- Max Hops — the most pools a route may pass through (1–3).
- Recalculate On Price Change — refresh the quote when a pool price changes.
- Split Into Order Book — let the route use order book markets as well as pools.
Pool
The Pool tab (/v/<network>/swap/positions) lists your liquidity positions with their range, value, unclaimed fees and P&L, and has Farms and Activity tabs.
- Create a position — select the pair, a fee tier (0.01%, 0.05%, 0.3% or 1%) and a price range, then deposit both tokens. If the pool does not exist yet, you set its starting price.
- Manage a position — open it to add liquidity, remove part or all of it, claim fees, claim farm rewards, or lock the liquidity (until a date or forever).
A position's price range cannot be changed: to move it, remove the position and create a new one. For details see Alcor Swap and Providing liquidity.