How to Swap
Token swapping on Kibble operates similarly to other platforms, but with the added benefits of speed and cost-effectiveness.
Last updated
Token swapping on Kibble operates similarly to other platforms, but with the added benefits of speed and cost-effectiveness.
Last updated
Visit Kibble Meta Aggregator.
Click the "Connect Wallet" button in the top-right corner.
Choose your preferred wallet (MetaMask, Trust Wallet, WalletConnect, etc.).
Confirm the connection to Kibble
Click on the network selection dropdown at the top of the swap interface.
Choose the appropriate blockchain network (e.g., Avalanche C-Chain, Binance Smart Chain, Ethereum, etc.).
Make sure the platform selects the same network for your wallet.
On the main Swap interface, you will see two fields:
"You send": Select the token you want to swap.
"You receive": Select the token you want to receive.
Enter the amount of tokens you wish to swap in the "You send" field.
The system will automatically calculate the amount of tokens you will receive in the "You receive" field based on the current exchange rate.
Double-check the input and output token amounts.
Review:
Minimum Receive: Represents the minimum amount of tokens you will receive in a trade. This parameter accounts for potential slippage.
Price Impact: Indicates the variance between the market price and the estimated execution price, based on the trade's size. A higher price impact means a less favorable rate.
Slippage: The amount of price movement in a trading pair between when a transaction is submitted and when it is executed. Adjusting slippage tolerance can help prevent failed transactions.
Blockchain Fee: A fee paid to the network for processing and confirming your transaction on the blockchain.
Trading Fee: A fee charged by the decentralized exchange (DEX) itself, typically a percentage of the transaction value, with a portion rewarded to liquidity providers.
Router: The system suggests the best liquidity route for your trade to optimize price execution. You can select a different router if needed (e.g., Trader Joe, Pangolin, or SushiSwap on Avalanche)
If this is your first time swapping a particular token, you may need to approve (authorize) it before proceeding.
Click the "Swap" button to initiate the transaction.
A confirmation window will appear, summarizing your swap details.
Click "Confirm" and approve the transaction in your connected wallet.
Once confirmed, the transaction will be submitted to the selected blockchain network.
You can track the progress on a blockchain explorer (e.g., SnowTrace for Avalanche).
Once completed, your wallet balance will be updated with the swapped tokens. Occasionally, it may take a few seconds to update.
Congratulations on completing your first swap on Kibble! Let's keep swapping!
Please pay attention to the Price Impact and remember to review the 'Minimum Received' especially for significant swaps or in pools with low liquidity.
When swapping tokens on Kibble, interacting with liquidity pools may result in price impact, slippage, and trading fees being applied to your swap transaction.
The trading fee for basic Constant Product Pools is 0.15%:
0.1% fee goes to the liquidity providers as a payment by increasing the size of the pools.
0.05% fee used for buying back KIB
