Fenix Finance
  • Welcome to Fenix
    • The MetaDEX For Blast
    • A Revenue & Liquidity Engine
    • Basic Overview
    • What can I do?
  • A METADEX SUPERCHARGED
    • The Power of a MetaDEX Economy for Blast
    • The RISE Incentives
    • A Next Generation Unified Marketplace
    • A 6 Month Maximum Lock
  • A HIGH PERFORMANCE AMM
    • The Unified AMM
    • The Fenix Liquidity Hub
    • Advanced Spot Trading [SOON]
  • Tokenomics
    • Emissions & Rebase
    • Buybacks & Deflation
    • Initial Supply Distribution
  • USER GUIDE
    • Locking FNX
      • Nest Lock
      • Manual Lock
    • Managing Nest Locks
      • Attach Lock To Nest
      • Detach Lock From Nest
    • Managing Manual Locks
      • Increase Lock
      • Merge Lock
      • Transfer Lock
      • Unlock (Switch Off Permanent)
      • Withdraw Lock
    • Swapping Tokens
    • Deposit Concentrated Liquidity
    • Deposit Classic Liquidity
    • Blast Points & Blast Gold
  • PARTNER WITH US
    • Launch on Fenix
  • Additional Information
    • Contracts
    • Security & Audits
    • Brand Assets
    • Official Links
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  1. USER GUIDE

Swapping Tokens

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Last updated 8 months ago

  1. Access:

  2. Connect your wallet: Connect your wallet to the Fenix UI on the top right-hand corner.

  3. Select your tokens: Browse the wide range of tokens available on Fenix.

  4. Input amounts: Choose how much of the token you want to swap and review the estimated amount you’ll receive.

  5. Assessment: How “good” the swap is can be estimated by seeing the price impact of the swap. Click the arrow to the right of “Tx details” to see this information. This is a measure of the difference for the USD value of the token you want to swap compared to the USD value you will receive. The lower the price impact (in positive % terms) the better.

  6. Slippage: This represents the minimum USD value you are willing to receive for the swap. If you want to limit price impact to 0.5% then select that value on the cog icon at the top right-hand side of the swap box. Exceeding the user-defined slippage setting reverses the transaction.

  7. Approval Required: This allows the contracts to access your tokens to execute the swap. By default, Fenix sets access to unlimited meaning you do not need to approve tokens every time you swap. If you do not want the contracts to have unlimited access you can set a custom amount via your wallet interface.

  8. Click Swap: Review the transaction details, including gas fees, and confirm the transaction through your connected wallet.

  9. Transaction Successful: Once completed a pop-up on the right hand side will show to say if the transaction has been successful or reverted. You can view the transaction details on the Blast explorer by clicking on “View in block explorer”.

https://www.fenixfinance.io/trade/swap