About VOX/XRP Swap
What is the difference between Swap and DEX?
Swap uses XRPL's pathfinding technology to automatically find the best available price by combining liquidity from AMM pools, DEX order books, or both. DEX uses a traditional order book where buyers and sellers place limit orders. Swap is simpler and faster for most trades as it handles routing automatically, while DEX offers more control with limit orders for specific price targets.
What is price impact?
Price impact shows how much your trade will move the market price. Larger trades relative to pool liquidity cause higher price impact, meaning you receive less favorable rates. If you see a high price impact warning, consider splitting your trade into smaller amounts or using the DEX order book instead.
What is slippage tolerance?
Slippage tolerance is the maximum price change you're willing to accept between when you submit your swap and when it executes. If the price moves beyond your tolerance, the transaction will fail. A higher tolerance means your trade is more likely to succeed but may execute at a worse price.
How do swap fees work?
Each AMM pool charges a small fee (shown as 'Pool fee') on every swap. This fee goes to liquidity providers who supply assets to the pool. Additionally, the standard XRP Ledger transaction fee applies. XPMarket does not charge any additional fees. Note that some wallet providers (like Xaman) may charge their own fees - please check your wallet's terms as XPMarket has no control over third-party wallet fees.
Is XPMarket safe to use?
All transactions on XPMarket are executed directly on the XRP Ledger blockchain. XPMarket does not have custody of any funds - we only provide a user-friendly interface to interact with the decentralized exchange. Always do your own research (DYOR) before interacting with any crypto assets. XPMarket does not provide investment advice and only verifies basic project information such as website and social media links.