Swapping exchanges one token for another without leaving the wallet. It is non-custodial throughout — the trade executes on-chain and the tokens never pass through us.
How a swap works
- 01
Pick the pair
What you are paying with, and what you want. Verify the mint address of any token you do not recognise — ticker symbols are not unique and impersonation is common.
- 02
Enter an amount
A quote appears: the estimated output, the price impact, and the route the trade will take through on-chain liquidity.
- 03
Check the minimum received
This is the guaranteed floor. If the market moves so that you would receive less, the whole transaction fails rather than filling badly.
- 04
Approve
One confirmation signs the swap. It settles in seconds.
Slippage, plainly
Between quoting and settling, the price can move. Slippage tolerance is how much movement you will accept before the trade is abandoned.
This wallet sets it for you
There is no tolerance slider to configure. The quote details show Slippage: Auto — the routing provider picks a tolerance per route, tighter on deep pairs and looser on thin ones. What you control is the size of the trade and the pair you pick.
Knowing what the setting means still matters, because it explains the two outcomes you will see:
- A tight tolerance
Better protection, and more trades abandoned on volatile pairs. An abandoned swap is the protection working — see a transaction failed.
- A loose tolerance
Fills almost always — and invites sandwich attacks, where a bot moves the price against you precisely because the trade would still go through.
Price impact is not slippage
Slippage is movement while you wait. Price impact is what your own order does to a thin market. A quote showing several percent impact means the pool is too shallow for your size — split the trade or pick a deeper pair.
Costs
- The network fee, as with any transaction.
- The pool's trading fee, already reflected in the quote.
- Price impact on illiquid pairs, which is usually the largest cost by far.
Swapping and inheritance
Swaps happen in your ordinary wallet balance. Assets held in the inheritance vault are not tradeable while they sit there — you would have to reclaim them first, which resets nothing in your favour and requires the estate not to be finalized. Plan the composition of what you deposit before you deposit it. See depositing assets for your heir.