🤽‍♂️DEX (Swap and Liquidity Pools on Solana)

Swap tokens and provide liquidity on Solana with the DexLab DEX. Create a pool, add or withdraw liquidity, and earn the 0.1 to 2 percent fee tier traders pay on every swap.

🌊 The Liquidity Pool service is now live on DexLab

Now, you can become a liquidity provider on DexLab by depositing assets into a pool and facilitating SWAP trades on DEXs and AMMs.

https://app.dexlab.space/pools

Adding Liquidity on Pool

*Note that this pool is on the devnet and used for tutorial usage.

1. Enter the amount of Token A

2. Token B amount will be automatically calculated

3. Click Add liquidity

4. Check the transaction process on the left-down corner. It may show a checkmark after transaction success

Terminology

• LP token: $mockDXL/$mockUSDP

• Fee Tier: The share of each trade that goes to the pool. A separate owner trade fee is charged on top of the tier, so a trader pays slightly more than the tier name says

• $mockDXL and $mockUSDP amount: current amount in the pool

• LP supply: LP token amount ($mockDXL/$mockUSDP)

• Address

  • Pool ID

  • $mockDXL mint address

  • $mockUSDP mint address

  • LP token mint address

• Current Price: Can switch pair by arrow

• mockUSDP Price: $mockDXL per $mockUSDP amount

• mockDXL Price: $mockUSDP per $mockDXL amount

• TVL: Total Valued Locked. Total Liquidity Value

Withdrawing Liquidity from Pool

1. Click Withdraw

2. Type down the amount of LP token that you want to withdraw

3. Check the transaction process on the left-down corner. It may show a checkmark after transaction success

Terminology

• LP Address: LP token mint address

• Total LP supply: LP token amount ($mockDXL/$mockUSDP)

• My LP Amount: Amount of my LP token ($mockDXL/$mockUSDP)

• Mint A Amount: Current amount of $mockDXL in the pool

• Mint B Amount: Current amount of $mockUSDP in the pool

• If the withdrawal went successfully, click the refresh button and you may see the LP token details are gone

Pool Driven SWAP

1. Type down the amount of the token you want to swap

2. The paired token amount will automatically typed down

3. Click SWAP and check the wallet pop-up window

4. You may see the amount of the token differentiated after the SWAP

Creating Pool

• Click 'Create Pool'

1. Select the Token A and Token B for the pool you want to make

2. Select the Fee Tier: 0.1%, 0.2%, 0.5%, 1%, or 2%.

Fee Tier

• The selected percentage of each trade is added to the pool as a transaction fee, and it is the part liquidity providers earn.

• An owner trade fee is charged on top of the tier, so the total a trader pays runs from 0.15% to 2.2%. See the per-tier breakdown in Make Your Solana Token Tradable: Set Up a Liquidity Pool and Earn Swap Fees.

1. Type down the initial price for the token pair. I choose 1 $mockDXL = 1 $mockUSDP

2. Type down the deposit amount of the Token A on the right. Token B amount will be automatically typed down after calculation.

3. Click Create Pool to proceed

Permanent LP Lock

• After adding the liquidity to the pool, you may see the 'Permanent Lock' button after refreshing the page

• Type down the amount of LP token that you want to lock

• Read the notice and click the checkbox to confirm

• Click the 'Permanent Lock' button to proceed

• After locking the LP, you may see the number changed on 'My LP Amount'