How do I exchange crypto in ExoDEX?

Everything you need to know about ExoDEX in Exodus Web3 Wallet!


In this article:


What is ExoDEX?

ExoDEX is a decentralized exchange (DEX) aggregator that allows you to perform swaps outside of traditional, centralized exchanges.

DEX aggregators source liquidity from multiple DEX providers, meaning they can get tokens from more than one supplier. They choose the liquidity provider depending on which one has the lowest price. This offers you access to more favorable fees and token prices than a single exchange.

ExoDEX currently supports swapping Ethereum (ERC20), Solana (SPL), and Polygon tokens.

Using other decentralized exchanges can be confusing and involve multiple steps which may cost unnecessary fees. With ExoDEX, you can easily swap your tokens from the comfort of your Exodus wallet.

Exodus puts you in control over your DEX experience by allowing you to select your desired swap and adjust the slippage settings to avoid losing funds during volatile market conditions.

ExoDEX is available in the Exodus Web3 Wallet.


Tutorial video: Swap crypto with ExoDEX


How do I select a different network in ExoDEX?

You can trade tokens on the Ethereum, Solana, and Polygon networks in ExoDEX!

ExoDEX only supports swapping tokens on the same network. For example, if you have a Solana token, you can only swap it for another Solana token. You can't swap an Solana SPL token for an Ethereum ERC20 token and vice versa.

1
To select the network for your swap, click the I have dropdown menu to see the available network options.

2
Next, a) choose a network for your swap, then b) click on the token you wish to swap.

3
You can identify the network by the network badge on the asset's logo. In this example, you can tell USDC is on the Polygon network because it has Polygon network badge.


How do I swap tokens in ExoDEX?

In ExoDEX in the Exodus Web3 Wallet, you can swap Ethereum (ERC20), Solana (SPL), and Polygon tokens.

1
In Exodus Web3 Wallet, click on the Swap icon.

2
To select the asset you want to swap from, click the I have dropdown menu.

3
Next, a) choose a network for your swap, then b) click on the token you wish to swap.

4
Click the I want dropdown menu to select the token you'd like to receive.

5
a) You can use the search field to find your token, or b) scroll through the list of available options.

6

Enter the amount of crypto you want to swap. You have a few ways to do this:

  • a) MIN: swap the minimum amount the exchange will allow
  • b) HALF: swap half of your balance
  • c) MAX: swap all of your balance
  • d) Enter an exact amount of crypto by clicking on the amount

7
You can review your swap details by clicking Network Fee.

8
After reviewing your swap information, click  X to return to your swap.

9
To start your trade, click on Swap.

10
Once your swap begins, a new tab will open in your browser to display the swap progress. You can leave the tab open to monitor it or close the tab and view it through the swap history page. Click the Web3 Wallet icon to continue using Exodus.

11
And that's it! Your swap is complete.


What are the fees when exchanging in ExoDEX?

All swaps will cost a network fee. In ExoDEX, you can see all fees before you make a swap.

Depending on the asset and the provider the swap is routed through, a liquidity provider fee might also be charged. Some swaps may also require routing through multiple liquidity providers, which will increase the network fee.

Solana

The swap fees are displayed on the Price Info screen. You can access it by tapping Network Fee in the Swap section.

Here you can view a detailed summary of the swap and the fees.
a) Provider API provider routing your swap through different liquidity pools.
b) Minimum received The minimum amount of the To asset you'll receive.
c) Rate Value comparison of each asset.
d) Price Impact The influence of your trade over the market price of the asset pair.
e) Fees paid to LP Fees paid to the liquidity providers where your swap is routed.
f) Estimated Transaction fee Estimated network fee for each transaction during the swap.

Depending on how the swap is routed, there could be multiple liquidity provider (LP) fees. In the example below, two liquidity provider fees are displayed, Cykura LP and Aldrin;LP.

Ethereum

Because of how the Ethereum network works, it's impossible to calculate the exact gas fee for ETH or ERC20 token transactions. Instead, you'll see an Estimated Network Fee for the transaction.

The swap fees are displayed on the Price Info screen. You can access it by tapping Estimated Network Fee in the Swap section.

Here you can view a detailed summary of the swap and the fees.

a) Provider API provider routing your swap through different liquidity pools.
b) Minimum received The minimum amount of the I want;asset you'll receive.
c) Rate Value comparison of each asset.
d) Price Impact The influence of your trade over the market price of the asset pair.
e) Estimated Network Fee The estimated network fee for sending your crypto to swap.
f) Max Network Fee The maximum network fee you might pay.

Polygon

The swap fees are displayed on the Price Info screen. You can access it by tapping Network Fee in the Swap section.

Here you can view a detailed summary of the swap and the fees.

a) Provider API provider routing your swap through different liquidity pools.
b) Minimum received The minimum amount of the I want asset you'll receive.
c) Rate Value comparison of each asset.
d) Price Impact The influence of your trade over the market price of the asset pair.
e) Network Fee The network fee for sending your crypto to swap.


Why do I have a balance of wrapped SOL?

In order to route your Solana (SOL) swap through the Jupiter DEX aggregator, your SOL tokens must first be swapped into wrapped SOL on the network as an SPL token (wSOL).

There is a chance that after your SOL tokens have been swapped to wSOL, the swap may fail due to network congestion. If this happens, it will leave you with wSOL in your wallet.

1

If this happens, to swap your wSOL back to SOL, click Unwrap All.

Unwrapping your wSOL will incur a network fee.

2
After clicking Unwrap All, a new tab will open showing the wSOL to SOL swap progress.

3
Once the swap is complete you can close the tab or click Close.


How do I view my ExoDEX swap history?

You can view your ExoDEX swap history and the status of any ongoing swaps by navigating to your Swap History screen.

1
To access the Swap History screen in ExoDEX, first click on the Settings icon.

2
Next, click on Swap History.

3
In Swap History you can view any a) ongoing swaps, indicated by two dots, or b) completed swaps, indicated by a checkmark.

4
Click on a swap to view its details.

5
Here you can view a detailed summary of your swap:
a) Assets swapped The asset sent on the left, and the asset received on the right.
b) Swap Provider The API provider routing the swap.
c) Network The network the swap was performed on.
d) Date Date and time of the swap.
e) Transaction ID A list of transactions involved in the swap. You can click the transaction ID to view the transaction details, including the transaction fee, on a block explorer.


How do I adjust the slippage settings in ExoDEX?

Slippage refers to the difference between a swap's expected price, and the actual price at which the swap is completed. This is due to competing transactions that push the price lower after the first transaction was submitted.

In ExoDEX you can adjust the slippage tolerance to make sure you don’t pay anything above the percentage you choose. If the swap costs more, it won't complete, and your original funds will be returned to your wallet.

1
To adjust the slippage in ExoDEX, first click on the Settings icon.

2
Click on Slippage.

3
Select the slippage tolerance of your choice. You have a few ways to do this:
  • a) 0.5%: sets the maximum slippage to 0.5%
  • b) 1%: sets the maximum slippage to 1%
  • c) 2%: sets the maximum slippage to 2%
  • d) Custom: enter a custom slippage tolerance


Why can't I swap in ExoDEX?

Due to regulatory restrictions, certain jurisdictions and wallet addresses will not be able to complete swaps in ExoDEX.

If this applies to you, you will see a notification that your country isn't supported, or that the swap is unavailable.


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