Emeris is updating its transaction widget to become a DEX aggregator.

In a nutshell:

  • Emeris DEX aggregator will help you to find the best available prices to swap your token amongst several DEXs, you can compare them and choose the one that better suits you.

  • Initially, we’re launching the DEX aggregator with Osmosis.zone , although it is one DEX Emeris will be able to provide significantly better prices depending on the token you’re trying to swap.

In this guide you’ll learn how to:

  1. Swap like never before

  2. Get the best price by default

  3. See quotes and routes available for the swap

  4. Missing Native Token

  5. Change the slippage

Feel like you need a 101 course before continuing? Check our How to use Emeris: Step-by-step tutorial to get familiar with all transactions and terms in DeFi.

Swap like never before

Until today, you’ve performed swaps on one specific DEX platform getting the price available at that specific time on that specific platform.

As of today, when using Emeris to swap, you’ll be able to choose from the available rates in a few clicks.

  1. Go to your portfolio and from the swap widget select which token you want to swap for.

  2. Select the token you want to receive.

  3. Once both tokens are selected, the swap widget starts loading.

  4. The swap widget shows by default the best price found.

  5. From here, you can continue with the swap and sign the transaction via your wallet.

Let’s dig deeper into all the options you can explore with the new Emeris DEX aggregator feature.

Best price offered by default

By default, Best price is shown. This price is selected amongst the different available pools from Osmosis.zone. If you want to see what the best price offers, you can do so by hovering over Best price:

Details shown are

  1. From which DEX the price comes from

  2. Below variables

    1. Expected rate: It is the expected average rate at which your token will be swapped

    2. Limit price: It is the minimum price at which your token can be swapped. If the limit price is hit, your tokens will stop being swapped (and the entire order may be reverted, depending on the DEX).

    3. Max slippage: It is the maximum price difference between the expected rate and the price offered between the time the order is placed and the time the swap is executed. Slippage can occur at any time but is most prevalent during periods of higher volatility when market orders are used. Max slippage and limit price are equivalent (the limit price can be deduced from your max slippage setting, and conversely). Find more details about Slippage here

  3. Minimum received if 100% swapped: It is an indicator of the least amount of tokens you will receive based on your slippage tolerance, provided there is enough liquidity to execute your entire order.

See our Slippage FAQ for details and further explanation of the above concepts

See quotes & routes available for the swap

When initiating the swap, you can see multiple quotes that were found for your swap request.

  1. If you wish to see other quotes available, you need to click on the DEX selector that says “Osmosis.zone”, you can find in the middle of the widget, see screenshot for illustration

  2. A pop-up opens and show the alternative quotes

  3. You can choose a different quote from the one suggested initially

  4. If you wish to do so, click on the new quote

While exploring the quotes, you can also see which routes each quote is going to follow:

  1. Click on 1 transaction

  2. A pop-up shows you the different steps of the route

  3. The route will change depending on the quote chosen

Choose your slippage tolerance

In a short sentence, slippage is the difference between the price you expect to get on the crypto you have ordered and the price you actually get when the order executes.

You are able to choose the slippage tolerance you want to use for your transaction. Which means, you can set how much percentage of price difference you agree to go for when a swap is ordered and executed.

To do so:

  1. Click on the three dots on the top right of the transaction widget

  2. You now see the settings options offering: Slippage and exchanges

  3. Click on Slippage tolerance

  4. You can select between

    1. 0.1%

    2. 0.5%

    3. 1%

    4. Custom: you can select your own percentage

  5. Then click on Done to save your preferences

If you want to learn more about slippage, see this FAQ article

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