Swap Tips

• Always double check the token mint address: Token metadata such as name, symbol and icon can be faked. The true identity of a token is its mint address. Tweet: A gentle reminder to check the mint address of the token you're trading.

• The current fee is 0.3%: We currently set the fee to 0.3% deducted from your swap input amount, where 0.25% is provided as an incentive for LPs, and another 0.05% is used as an operational fee for the AlphaSwap Foundation. This may be adjusted in the future, so please stay tuned for our announcements.

• The quote given is not the final price: The quote given on a route is based on the current liquidity in the pools. Pool liquidity can go up or down at any time and in some cases, pools may close.

• Set a slippage amount to protect yourself: Slippage is your swap protection if the price diverges from the quoted price.

• Price Impact: Price impact refers to the change in an asset's price due to the execution of a trade. This is especially relevant in decentralized exchanges (DEXs) or automated market makers (AMMs) due to their liquidity model.Price Impact is influenced by the available liquidity to settle the trade, and the size of the trade. For example, if you want to swap a large amount of one token for another in a liquidity pool, the larger your trade compared to the pool's size, the more significant the price impact will be. This is because the execution of your trade will shift the balance between the tokens in the pool, and this shift will directly affect the price according to the AMM's formula.

• Slippage: Slippage occurs when market conditions change between transaction submission and verification. The slippage rate is an important setting to prevent users from receiving fewer tokens than expected. If the price falls below the slippage rate, the transaction fails.