Swap

Instant swaps between listed assets, powered by liquidity pools.

Liquidity pools

No liquidity pools are live yet — they are on their way. Once a pool opens you can swap instantly, or provide liquidity and earn fees on every swap.

  1. Pick a pair

    Choose what you pay and what you receive — any pair with a live liquidity pool. No order book, no waiting for a match.

  2. See the real price

    The quote comes straight from the pool's reserves. Larger swaps move the price more; that price impact is shown before you commit, never discovered after.

  3. Swap instantly

    The swap settles in one step against the pool. You receive at least the minimum shown at your slippage tolerance — or nothing moves at all.

The details

Where the price comes from
Each pool holds reserves of both coins, and the price is simply their ratio — the same constant-product design PancakeSwap and Uniswap use. Trading against the reserves moves the ratio, and arbitrage keeps it close to the market price.
What it costs
Two small fees, both shown in the quote before you swap: the pool's own fee, which goes to the people who provided the liquidity, and a 0.2% exchange fee. There are no other charges.
Slippage protection
Your quote sets a minimum you must receive. If the pool's price shifts past your tolerance between quoting and executing, the swap is refused and your funds never move.
Price impact cap
A swap that would move the pool's price by more than 15% is refused outright. Split a large swap into smaller ones, or use the order book on Trade.
Swap or Trade?
Swap is instant and guaranteed-minimum — best for simply converting one asset into another. Trade is the full order book, where you can set your own price and wait for it.