Swap Page
Swap, limit and liquidity orders from one form.
The Swap Page is where you place orders. It supports three order types from one form: a simple swap, a limit order, and automatic liquidity.
Selecting a token
Choose the token you want to trade. If you arrived from a Token Page and clicked Buy or Sell, it's already selected.
By default, selecting a token creates a buy order for that pair. Click the double arrows to switch to a sell order.
Order types
Swap
Simple Swap is the fastest way to trade. Enter either how much you want to send or how much you want to receive, and the form completes the rest. It matches your requirements against the current open orders and shows you the details to check before you place the order.
You can't set a price with a Swap — it takes the best available. To choose your own price, use a Limit order.
Limit
A Limit Order lets you specify your exact price. Your order has to be matched by another user for the trade to complete, so it may not fill immediately — and you can withdraw it any time.
The current market price is filled in automatically. You can type a custom price, or use the 1% / 5% / 10% helper buttons, which subtract for a sell order or add for a buy order, to help your order fill sooner.
Read the whole form top to bottom before submitting. Make sure the summary calculations at the bottom match what you expect.
When you're happy, click Place order and sign the transaction in your Alephium wallet.
Liquidity
The Automatic Liquidity system lets you provide concentrated liquidity on any pair, with a custom distribution that buys low and sells high automatically. See Automatic Liquidity for the full guide.