Algo Swap Mode

What is Algo Swap Mode?

Algo Swap is one of two primary trading modes on the platform. It provides a streamlined interface for sophisticated order execution, managing all the technical details behind the scenes.

You can toggle between Algo Swap and Terminal trading modes using the buttons at the top of the interface.

Key Features

• Swap-Like Interface: Trade using a familiar and simplified UI that removes the need to manually fine-tune complex execution settings.

• Institutional-Grade Execution: Access intelligent algorithms (like TWAP and VWAP) that work to achieve cost-efficient and precise execution.

• Real-Time Pre-Trade Analytics: Get live insights on your potential order's impact, including its Participation Rate, Volatility, and Market Volume.

• Intelligent Automation: The order form automatically suggests optimal execution algorithm and adjusts to market liquidity and volatility.

• Estimated Execution Time: See the expected duration of an order based on the selected urgency level.

• Dual Trading Support: Trade on both Centralized Exchanges (CEX) and Decentralized Exchanges (DEX) from a single interface. This guide focuses on CEX trading. For DEXs, see our guide on Submitting DEX Orders.

How to Trade with Algo Swap

1. Select Algo Swap Mode Navigate to the top of the trading panel and select the Algo Swap toggle.

2. Select CEX Account(s) Use the Account dropdown menu to select one or more CEX accounts to trade with. Your available balance will update based on your selection.

3. Select a Trading Pair Use the dual-token input to select the asset you wish to sell and the asset you wish to buy.

4. Enter Order Quantity Enter the amount you want to trade in either the base or quote asset field. The other field will update automatically based on the current market price.

5. Configure Execution Strategy Select the Urgency level for your trade. This automatically configures the underlying execution parameters for your order. The five levels are:

   • Very Low

   • Low

   • Medium

   • High

   • Very High

   Our system will automatically select the optimal execution strategy (e.g., TWAP, VWAP or Market) based on your selected urgency, order size, and real-time market conditions. (Execution switches to Market if the estimated duration is under 2 minutes.)

6. Review Pre-Trade Analytics Before submitting, review the Pre-Trade Analytics panel. This provides estimates on how your order might impact the market.

   • Participation Rate: The estimated percentage of the total market volume your order will represent. High participation can impact the price.

   • Order Volatility: The expected price fluctuation during the execution of your order.

   • Market Volume: An indicator of current liquidity.

7. Submit the Order Click the Buy or Sell button. You may be prompted to review a final confirmation before the order is sent to the exchange.