Swaps

Swap on Yei

YeiSwap lets you exchange one token for another directly within the Yei ecosystem. Trades are matched based on available liquidity in the pool, enabling fast and permissionless swaps.

Mechanism

YeiSwap is a decentralized exchange (DEX) that integrates Yei’s native interest-bearing tokens.

• Users swap tokens as usual, with no change in experience.

• Liquidity providers (LPs) earn both trading fees and lending yields, boosting capital efficiency.

Token Swap

Important Concepts

• Price Impact: Change in market price caused by your trade. Larger trades experience higher impact.

• Slippage: Difference between expected and actual price due to market changes. Set a slippage tolerance to manage this.

How to Swap

Follow these steps to complete a swap on Yei:

• Select Tokens: Choose the token to swap from and to.

• Set Slippage: Adjust your slippage tolerance.

• Review Price Impact: Higher impact = worse rates.

• Approve Token: Required only on the first swap for each token.

• Sign and Confirm: Approve the transaction in your wallet.

Provide Liquidity

How to Provide

Deposit token pairs via the Pools tab to power swaps and earn rewards.

yToken Pools

You can deposit yTokens directly into YeiSwap Pools. For example, if you supplied Sei on YeiLend and received aYeiSEI, you can then stake the token in the pool to earn dual rewards.

Dual Yield for LPs

Liquidity providers on YeiSwap earn dual rewards:

• Lending Yield: From the interest earned on the underlying yToken.

• Trading Fees: From swap activity in the pool.

Both lending yield and trading fees are automatically accrued and claimable upon withdrawal. In addition, extra incentives are airdropped weekly every Wednesday at 09:00 UTC.

Track Your Position

View your details in the Portfolio tab:

• Position size

• Pending yield

• APR

• Price range

Security

View our audit report here.