TRADING & AMMS
Swap (Token Swap)
Definition
A swap is the direct exchange of one cryptocurrency for another, typically executed through AMMs or DEX aggregators without requiring order books or counterparties.
Example
Example
Swapping 1 ETH for 2,000 USDC on Uniswap using the protocol's automated market maker.
Risks to Consider
Risks
- Slippage
- Failed transactions
- MEV extraction
