Your first swap

A swap is the simplest thing you can do on SaucerSwap: hand over one token, receive another, at a price set by the pool. This lesson walks through one swap from start to finish.

Before you start

You need three things: a Hedera wallet, a small amount of HBAR to cover the network fee (a few cents' worth is fine), and the token you want to swap. If you're swapping into a token your wallet hasn't held before, you'll also need to associate the token first — a one-time, near-free step that tells your account it can hold that token.

Step 1 — Pick the tokens

On the swap page, the top field is what you're paying with, the bottom is what you're receiving. Both have a token selector and an amount. Type either amount and the other fills in based on the current pool price.

Step 2 — Read the quote

The quote panel below the amounts shows four things worth understanding:

• Rate — the price you're getting, expressed as one token per the other.
• Route — which pool, or chain of pools, the swap passes through. The router picks the best route automatically.
• Price impact — how much your trade itself moves the pool price. Small trades have negligible impact; large trades against a thin pool can have a lot.
• Estimated fee — Hedera's network fee in HBAR, plus the swap fee (usually 0.05% to 0.30%) split between liquidity providers and the protocol.

Step 3 — Set slippage

Slippage tolerance is the maximum price movement you'll accept between the moment you sign the transaction and the moment it executes. On Hedera that window is seconds, so 0.5% is a safe default for most pairs. Widen it for volatile tokens or thin pools; tighten it if you want the transaction to fail rather than execute at a worse price.

Step 4 — Confirm in your wallet

Hit Swap and your wallet pops up with the transaction details. Verify the amounts and the receiving account match what you expect, then approve. The transaction lands on-chain in roughly three seconds.

Step 5 — Verify it

SaucerSwap shows the result in your dashboard, but the source of truth is the network itself. Copy the transaction ID from your wallet or from the success toast and paste it into HashScan to see the full on-chain record: every transfer, every fee, every account involved.

What just happened

Your trade routed through a pool of liquidity that someone else provided. The pool's smart contract calculated the output, deducted the fee, and sent you the new token in the same atomic transaction. The liquidity providers earned a share of the fee. Hedera ordered the whole thing fairly — no one else's transaction got slipped in front of yours to extract value.

That's the whole shape of every swap on SaucerSwap. The mechanics scale from a few dollars to a few million, with the same code, the same guarantees, and the same final settlement in seconds.