DEX - Decentralized Exchange
a. Swap
AleDEX offers a powerful decentralized exchange mechanism where users can swap tokens with minimal slippage and seamless execution. Built for speed and efficiency, the DEX offers a reliable platform for trading various token pairs on the Alephium blockchain.
How to Swap on AleDEX:
Access AleDEX and navigate to the
DEX
sectionSelect the
Swap
tabChoose the token pair you wish to trade
Input the desired amount of tokens to buy or sell
Set your preferred slippage tolerance
Execute the swap to complete your trade
AleDEX charges a swapping fee of 0.3%, of which:
LP Staking reward: 0.1%
Team: 0.1%
Buy Back & Burn: 0.1%
b. Pool
The Pool section in AleDEX provides users with an interface to view existing liquidity pools or create new ones. Liquidity providers (LPs) can create pools, contribute to them, and earn rewards based on their participation.
How to Create a Pool:
Access AleDEX and navigate to the
DEX
sectionOpen the
Pool
tab to view all available poolsTo create a new pool, select the desired token pair and click
Create Pool
c. Liquidity
In the Liquidity section, users can add or remove liquidity for selected token pairs, facilitating the decentralized trading process while earning a share of the trading fees.
How to Add Liquidity:
Access AleDEX and go to the
DEX
sectionNavigate to the
Liquidity
tabSelect the token pair for which you want to provide liquidity
Input the amount of both tokens you'd like to contribute
Confirm and
Add Liquidity
to the pool
d. Cross-chain (Under Development)
AleDEX is currently working on cross-chain capabilities that will enable users to trade across multiple blockchain networks seamlessly. This feature will enhance interoperability and expand trading possibilities for users, bringing the AleDEX platform closer to a multi-chain future.
e. Order Book (Under Development)
AleDEX is also developing an order book system that will allow users to place limit orders and have more control over their trading strategies. This will provide additional flexibility and trading efficiency for both casual traders and professional investors.
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