Swapping Explained
Last updated
Last updated
The swap feature is used when traders want to exchange tokens within trading pairs.
On Camelot, users are charged a trading fee when they make a token swap. Liquidity is provided to the exchange by liquidity providers, who add their tokens to liquidity pools.
Aggregator (V3) - This mode utilizes the Paraswap and OpenOcean APIs and combines both the Camelot V3 and V2 AMMs (Native mode uses only V3 and V2 AMMs)
V3 - This mode exclusively uses the V3 AMM
V2 - This mode exclusively uses the V2 AMM
For tokens with a custom transfer TAX, get familiar with the following document
Before initiating the swap, please make sure you are satisfied with the output parameters, such as price impact, minimum received, and rates