CoW Swap Tutorial (How to Swap Crypto on CoW Swap)
MoneyZG
Introduction to Kalswap
Kalswap is a Dex aggregator and MEV blocker that aims to provide the best execution for swaps on the blockchain. It aggregates liquidity from various protocols, including Uniswap and One Inch, to offer the best trade prices.
Using Kalswap
To use Kalswap, follow these steps:
- Go to the Kalswap website and connect your wallet (e.g., Metamask or Rabby).
- Choose the tokens you want to swap and set the slippage tolerance.
- If you're using native ETH, you'll need to wrap it into wrapped ETH (WETH) to interact with other tokens.
- You can either wrap ETH manually before trading or let Kalswap wrap it within the swap.
- Confirm the swap and pay for gas fees using ETH.
MEV Blocker
Kalswap's MEV blocker helps prevent bots from front-running your trades, reducing the risk of losing money to maximal extractable value (MEV).
Limit Orders
Kalswap also supports limit orders, which allow you to set a specific price for your trade. You'll need wrapped ETH to place a limit order.
- Set the limit price and expiry for your order.
- If the market price reaches your limit price, the order will be executed.
TWAP Orders
TWAP (Time-Weighted Average Price) orders are suitable for large trades. They work by dripping your order into the market over a set period, reducing slippage and market impact.
- Set the price protection and expiry for your TWAP order.
- Choose the interval at which your order will be dripped into the market.
Conclusion
Kalswap is a powerful tool for swapping tokens on the blockchain, offering the best execution prices and protecting against MEV. By following the steps outlined above, you can use Kalswap to trade tokens efficiently and effectively.