Swap
Swap tokens created on DibDex with the native gas token. Simple interface for buying and selling trading-stage tokens.
๐ Overview
The Swap page provides a focused interface for exchanging tokens. You can swap the native gas token (ETH or BNB, depending on the network) for any DibDex token that has reached the trading stage, and vice versa.
โ Prerequisites
- A connected wallet with sufficient balance
- The token you want to trade must be in the Trading stage (post-TGE)
โ ๏ธ Only tokens that have completed their Token Generation Event (TGE) are available for swapping. For earlier-stage tokens, use the Exchange to place preorders.
๐ How to Swap
- Select the token pair โ Choose which token you want to swap from and to. The native gas token is always available. Only tokens that have completed their TGE and are actively trading appear in the token list
- Enter the amount โ Type the amount you want to swap. The estimated output amount is calculated automatically
- Review the details โ Check the estimated output, price impact, and any applicable fees
- Confirm the swap โ Click swap and confirm the transaction in your wallet
๐ก Always review the price impact before confirming, especially for larger trades. High price impact means you may receive significantly fewer tokens than expected.
๐ Key Concepts
๐ Slippage Tolerance
Slippage is the difference between the expected price of a trade and the price at which it actually executes. In decentralized exchanges, prices can change between when you submit a transaction and when it is confirmed on-chain.
The slippage tolerance setting defines the maximum acceptable price difference. If the price moves beyond your tolerance, the transaction is automatically reverted and your tokens are returned.
- Low slippage (0.5%) โ Tight tolerance, transactions may fail if the price moves
- Medium slippage (1%) โ Balanced setting for most trades
- High slippage (3%+) โ More likely to succeed but you may get a worse price
๐ก For most trades, the default 1% slippage is a good starting point. Increase it only if your transactions keep reverting.
โณ Transaction Deadline
The deadline setting defines how long (in minutes) your swap transaction remains valid. If the transaction is not confirmed within this window, it is automatically cancelled. This protects you from stale transactions sitting in the mempool during periods of network congestion.
๐ฆ Decentralized Exchange (DEX)
All swaps execute on a decentralized exchange โ an automated market maker (AMM) that uses liquidity pools instead of order books. Prices are determined by the ratio of tokens in the pool. There is no central authority or intermediary.
๐ Price Impact
Large trades relative to the liquidity pool size will move the price. The interface shows the estimated price impact before you confirm, so you can assess whether the trade size is appropriate for the available liquidity.
โ ๏ธ A high price impact means the pool's liquidity is low relative to your trade size. Consider breaking large trades into smaller ones to minimize price impact.
๐ช Available Tokens
The swap interface only shows tokens that have completed their Token Generation Event (TGE) and are actively trading. Tokens in the Upcoming, Preorder, or TGE stages are not available for swapping โ use the Exchange to participate in preorders for those tokens.
Tokens are sorted by creation date, with the most recently launched tokens first.