Swap

To begin swapping on Monark, all you need is a connected wallet and some RBTC or other tokens supported on the Rootstock network. Once your wallet is set, you’re ready to dive into the powerful trading capabilities offered by Monark.

How to Swap Tokens on Monark

1. Visit our exchange page: Navigate to the Monark exchange to begin your trading journey.

2. Connect your wallet: Click "Connect Wallet" to give Monark permission to access your wallet's token balances.

3. Choose your tokens: Select the token you wish to swap from your wallet. Your available balance will be displayed for your convenience. Next, choose the token you'd like to receive in exchange.

4. Set the amount: Input the amount of tokens you want to swap or the amount you wish to receive. Monark will automatically calculate the estimated value for the other field.

5. Review and Swap: After reviewing your transaction details, click "Swap." If this is your first time trading the selected token, you’ll need to "Enable [Token]" to allow the contract to execute the swap.

6. Confirm your trade: In the pop-up window, confirm the swap. Your wallet will ask you to approve the transaction.

7. Celebrate your swap: Congratulations! You’ve successfully swapped tokens on Monark. You can track your transaction directly on the Rootstock blockchain by clicking the link provided.

Advanced Swaps Powered by Algebra

As the first and only v4 AMM DEX on Rootstock, Monark’s swap features are enhanced by Algebra’s advanced capabilities. This means users can benefit from both single swaps and multi-hop swaps.

• Single Swaps: Execute simple token trades directly from one liquidity pool to another, ensuring efficiency and speed.

• Multi-Hop Swaps: For more complex trades, Monark’s v4 AMM enables multi-hop swaps, allowing you to trade between assets that may not have direct liquidity pools. The system intelligently finds the optimal route through multiple pools, ensuring the best pricing and minimizing slippage.

Token Trading Fees

Monark has a transparent fee structure that ensures liquidity providers, traders, and the protocol itself benefit from every transaction.

TBD