Swap
Pryzm's decentralized exchange is designed to allow you to swap between regular assets, cTokens, yTokens, or pTokens. You can trade tokens instantly, or swap gradually through an order to optimize your swap potential.
Instant Swap
Swapping lets you trade tokens instantly with Pryzm's DEX. Follow this example to learn how to swap tokens.
- Visit https://app.pryzm.zone/ and connect your wallet. Under the Trade tab, click Swap.
- In the top section, select the asset that you have in your wallet that you want to swap. In the bottom section, select the asset you want to receive. In this example, OSMO is swapped for cATOM.
- Click Swap and sign the transaction in your wallet extension. After the transaction finalizes, the swapped assets will appear in your account.
Order
Pryzm's order function lets you swap between two assets gradually over time with many customizable parameters. This flexibility lets you optimize your trades. Trades will be placed at regular intervals, and limits can be selected for each trade.
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Visit https://app.pryzm.zone/ and connect your wallet. Under the Trade tab, click Swap.
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Click the Order tab. In the first section, select the asset you want to swap. In this example, OSMO will be swapped for cATOM. In the second section, select the asset you want to receive.
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Enter the maximum number of tokens to be traded during each interval.
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Select the minimum interval to trade at. In this example, 1 OSMO will be traded every hour for 1 cATOM until all 10 OSMO in the order have been traded.
- You can set a limit price, which in this example specifies the maximum number of OSMO that can be traded for 1 cATOM. To enter the current price, click Market Price. In this example, if the price of OSMO in relation to ATOM is greater than 13, no swap will be executed until the price drops below the set threshold.
- You can also set a total sale price, which will execute all your trades if the price drops below a certain number. In this example, if the OSMO to ATOM price drops below 8, all 10 OSMO in the order will be swapped at once.
- After reviewing your order, click Create and sign the transaction in your wallet extension. Your order will be placed. You can view your order by visiting https://app.pryzm.zone/pulsetrade, connecting your wallet, and clicking the My Trades button. Click here to learn how to cancel your order.