What is a crypto swap?
A crypto swap is the exchange of one token for another directly onchain using a decentralized exchange. It happens through smart contracts without order books or intermediaries.
FAQ
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How does swapping work?
When you initiate a swap, the protocol routes your trade through available liquidity pools to find the best execution price. The transaction is then processed onchain and confirmed by the network.
What tokens can I trade?
You can trade a wide range of tokens across supported blockchain networks. Availability depends on liquidity and whether the token is listed within routing sources.
Where does liquidity come from?
Liquidity is provided by users who deposit token pairs into pools. These pools enable instant swaps by ensuring there are always assets available for trading.
Why do token prices change during a swap?
Prices can move between quote submission and confirmation due to market movement or liquidity shifts. This is normal in onchain trading and can affect final execution slightly.
Why did my transaction fail?
A swap may fail because of network congestion, insufficient gas, low liquidity, or a sudden price move during execution. Reviewing the wallet error usually shows the immediate cause.
How are swap routes determined?
Routes are automatically computed from one or more liquidity pools to find the most efficient path based on available liquidity, price impact, and network conditions.
How long does a swap take?
Most swaps settle within seconds, but timing depends on the network you are using, the current gas market, and how quickly validators confirm the transaction.
Do I need native tokens for fees?
Yes. Network fees are paid in the native token of the blockchain you are using, such as ETH on Ethereum or BNB on BNB Chain.
Can I cancel a swap?
Once a transaction is submitted to the network, it cannot usually be canceled. If it is still pending, your wallet may let you replace it or speed it up with a higher fee.
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