Swap

How Swaps Work on DipCoin

Swapping lets you instantly trade one cryptocurrency for another directly on the blockchain—no intermediaries, no order books. DipCoin’s decentralized exchange (DEX) uses liquidity pools, where users trade against a shared pool of tokens instead of waiting for a buyer or seller.

When you swap, a small fee is deducted and distributed to liquidity providers—users who deposit tokens into the pool to enable trading.

Understanding Swap Mechanics

1. Swap Fee

• Every trade contributes a small fee to liquidity providers (LPs).

• Fees are automatically added to the pool, and LPs earn rewards in real-time.

• Higher trading volume = more fees for LPs.

1. Price Impact

• Larger trades can shift the pool’s balance, affecting the exchange rate.

• The more liquidity in a pool, the lower the price impact.

• DipCoin shows an estimated price impact before you confirm a swap.

1. Slippage Tolerance

• Since prices move quickly, slippage is the difference between the expected and actual swap rate.

• You can set a maximum slippage tolerance (e.g., 0.5% or 1%)—if the price moves beyond this, the trade cancels to protect you.

• For stablecoins or high-liquidity pairs, lower slippage works best. For volatile tokens, a higher tolerance may be needed.

Fee Structure

Fee rates are subject to change based on campaigns and fund management.

No.	Pools	Fee Rate
1	SUI-USDC	0.05%
2	BLUE-USDC	0.05%
3	CETUS-USDC	0.05%
4	DEEP-USDC	0.05%
5	HAEDAL-USDC	0.05%
6	SEND-USDC	0.05%
7	NS-USDC	0.05%
8	WAL-USDC	0.05%
9	NAVX-USDC	0.05%
10	SUI-WAL	0.05%
11	suiUSDT-USDC	0.01%
12	SUI-haSUI	0.01%
13	NS-SUI	0.05%