Introduction
Swap Tokens
Complete guide to swapping tokens on ShibaSwap v1 and v2 - from basic swaps to advanced features
ShibaSwap allows you to instantly trade tokens directly from your wallet without intermediaries. Both v1 and v2 support token swapping, but v2 offers additional features like better pricing and multihop routing.
No registration required! Just connect your wallet and start swapping immediately.
How to Swap Tokens
1
Connect Your Wallet
Open ShibaSwap and connect your wallet (MetaMask, WalletConnect, etc.).
Make sure you’re connected to the correct network (Ethereum or Shibarium).
2
Navigate to Swap
Click on the Swap tab in the main navigation.
You can also access swap from the tokens page or directly from the homepage.
3
Select Your Tokens
Choose the token you want to swap from (input) and the token you want to swap to (output).
For the first time swapping a token, you’ll need to approve it for trading.
4
Enter Amounts
Type the amount you want to swap or use max.
You can also click the arrow to swap the direction of your trade.
5
Review Transaction Details
Check the important information:
- Minimum received: The least you’ll get if prices change
- Price impact: How your trade affects the token price
- Liquidity provider fee: Fee paid to liquidity providers
- Route: Which pools your trade will use (v2 shows optimal routing)
6
Adjust Settings (Optional)
Click the settings gear icon to modify:
- Slippage tolerance: Maximum price change you’ll accept
- Transaction deadline: Time limit for the transaction
- Expert mode: Advanced settings (use with caution)
7
Execute the Swap
Click Swap and confirm the transaction in your wallet.
ShibaSwap v1 vs v2 Swapping
| Feature | ShibaSwap v1 | ShibaSwap v2 |
|---|---|---|
| Pool Types | Classic AMM pools | Concentrated liquidity pools |
| Fee Structure | Fixed 0.3% | Multiple tiers (0.05%, 0.3%, 1%) |
| Routing | Basic routing | Advanced multihop routing |
| Price Impact | Higher for large trades | Lower with concentrated liquidity |
| Gas Efficiency | Standard | Optimized for better gas usage |
| Price Quotes | Real-time | Real-time with better accuracy |
Understanding Swap Details
Price Impact
Shows how much your trade will affect the token price:- Low impact (< 1%): Good liquidity, minimal price movement
- Medium impact (1-5%): Moderate liquidity, some price movement
- High impact (> 5%): Low liquidity, significant price movement
High price impact means you’re getting a worse deal. Consider smaller amounts or different token pairs.
Slippage Tolerance
The maximum price change you’ll accept before the transaction fails:- 0.1%: Very tight, may fail if prices move quickly
- 0.5%: Default setting, good for most trades
- 1%: More lenient, higher chance of success
- 10%+: Very lenient, but you might overpay
Higher slippage = faster execution but potentially worse prices. Lower slippage = better prices but may fail.
Liquidity Provider Fee
The fee paid to liquidity providers for each trade:- v1: Fixed 0.3% on all trades
- v2: Variable based on pool fee tier (0.05%, 0.3%, 1%)
Advanced Swap Features
Multihop Routing (v2)
Trades can route through multiple tokens/pools for better prices:Multihop routing automatically finds the best path for your trade, even if there’s no direct pool for your chosen pair.
Custom Tokens
Want to swap a token not in the default list?- Find the correct contract address (use Etherscan for Ethereum)
- Click “Select Token” and paste the address directly in search bar
- Verify the token details before swapping
Expert Mode
Advanced settings for experienced users:High Slippage Tolerance
High Slippage Tolerance
Allows setting very high slippage (up to 50%). Use only if you understand the risks.
Disable Multihops
Disable Multihops
Restricts swaps to direct token pairs only. May limit options and increase costs.
Custom Transaction Deadline
Custom Transaction Deadline
Set your own deadline instead of the default 20 minutes.
Expert mode is for advanced users only. Beginners should use default settings.
Common Swap Scenarios
How to Swapping ETH for Tokens
- Select ETH as your input token
- Choose your desired output token
- Enter the ETH amount
- The transaction will include ETH value for gas fees
- Confirm the swap
How to Swapping Tokens for ETH
- Select your token as input
- Choose ETH as output
- Enter the token amount
- You’ll receive ETH directly to your wallet
- Confirm the swap
How to Troubleshooting Swap Issues
Transaction Failed
Common causes:
- Insufficient gas fees
- Slippage too low
- Insufficient token balance
- Network congestion
- Increase gas fees
- Adjust slippage tolerance
- Check your token balance
- Try again later
High Price Impact
Causes:
- Large trade size
- Low liquidity pool
- New or unpopular token pair
- Try smaller amounts
- Use v2 pools for better liquidity
- Consider different token pairs
- Split large trades into smaller ones
Token Not Found
Solutions:
- Use custom token feature
- Verify contract address
- Check if token is supported
- Try importing token manually
Insufficient Liquidity
Causes:
- New token pair
- Low trading volume
- Token not yet listed
- Wait for more liquidity
- Try different token pairs
- Check if token is available on other DEXs
Best Practices for Swapping
1
Start Small
Begin with small amounts to test the platform and understand how it works.
2
Check Token Addresses
Always verify you’re swapping the correct token, especially for custom tokens.
3
Review Transaction Details
Double-check amounts, fees, and slippage before confirming.
4
Consider Gas Fees
Ethereum has higher gas fees than Shibarium. Factor this into your trading decisions.
5
Use v2 for Better Pricing
v2 pools often provide better pricing and lower price impact for most trades.
Swap Limits and Restrictions
Minimum Swap Amounts
- v1: No minimum, but very small amounts may fail due to gas costs
- v2: No minimum, but consider gas efficiency
Maximum Swap Amounts
- Limited by available liquidity in the pool
- Large trades may have high price impact
- Consider splitting large trades into smaller ones
Supported Networks
- Ethereum: Full v1 and v2 support
- Shibarium: Full v1 and v2 support
Related Resources
Liquidity Pools
Learn about providing liquidity and earning fees.
Getting Started
Complete beginner’s guide to ShibaSwap.
v2 Features
Advanced features and concentrated liquidity.
Troubleshooting
Official support and documentation.
ShibaSwap makes token trading simple and secure. Start with small amounts, understand the risks, and gradually explore more advanced features as you become comfortable with the platform.