Making a trade
Last updated
Last updated
To perform a swap, first navigate to the Trade tab (or head directly to af.lol). Use the dropdown menu to select the coin you wish to swap from. Here you can click on an icon for a commonly-traded coin, type in the name of the coin (or the coin address) in the Search field, or select it from the dropdown menus. These menus are separated into three categories: Known Coins, LP Coins, and Unrecognized Coins.
Known Coins are those which are confirmed to be authentic and can be traded with confidence. Unknown Coins is where you find Meme coins, coins which have been bridged to Sui, and others which have not yet been confirmed as Known Coins. These may be safe to trade, but due diligence should be used prior to performing a swap. Beneath the name of the coin, you will see an address which is a link which allows you to inspect the coin on a block explorer to ensure it is the one you are looking for. LP Coins are also supported, as it is possible to create liquidity pools using LP Coins from other pools. Any such pool with sufficient liquidity will be aggregated by the SOR.
Once you have selected the coins you wish to swap, at the top right of the trade modal you will see the total amount of the input coin you have in your wallet. You can enter the amount you wish to swap by typing it in, using the slider, or clicking on the Half or Max buttons. The Router will then quickly calculate the path(s) which provide the greatest amount of output coin for your input.
Once you type in the amount of coins you wish to swap, Aftermath will compare quotes from our own native routing algorithm, as well as those from FlowX, Cetus, and 7k. You can then compare prices in real time, and choose the best one.
Note that in addition to entering the amount of coin you wish to trade from, you can also enter in the amount of coin you wish to receive. This only works with our own native routing algorithm using a feature known as Exact Out. It then calculates the route in reverse, and calculates the mimimum amount of input coin you can provide for the desired amount of output coin.
Once you have reviewed the transaction and set your maximum allowed slippage, click the Trade button and confirm the transaction with your wallet. Only one confirmation is required regardless of how complex the path is.
Below the Trade button, you will see an option to set your slippage tolerance. Slippage refers to the difference between the numbers shown for amount of coin received, and the actual amount received after execution. The trade will revert if the splippage tolerance is exceeded.
Note that Slippage and Price Impact are two seperate things. Price Impact is caused by your own trade, due to the size moving the price. Slippage is caused by other traders' Price Impact, between price quote and trade execution.
If you click the gear icon below the Trade button, you will open up the Trade Settings. Here you can select whether or not to display a Trade Sucess modal and Price Impact warnings. You can also toggle on or off any of the DEXes that the Smart-Order Router will attempt to route through when finding the best price.
And that's it! Aftermath's Smart-Order Router makes swapping incredibly simple while ensuring you receive the best price for all of your spot trades on Sui.