Swaps
Token swaps on Araya Finance are a simple way to trade one SUI-native Coin Object (SCO) for another via automated liquidity pools.
When you make a token swap on the Araya Finance, you will pay a 0.3% trading fee, which is broken down as follows:
0.25% - Returned to Liquidity Pools in the form of a fee reward for liquidity providers.
0.05% - Sent to the Araya Finance Treasury.
Araya Finance is a Defi protocol that it interacts with the wallet to complete on-chain transactions for swapping, creating LPs, etc.
The first step is to ensure you have enough SUI to cover the gas price for on-chain transactions. Typically, the gas fee varies according to the volume of transactions waiting to be processed; if several transactions are waiting on the list, a greater gas fee could be needed to advance your transaction. The gas charge on SUI Blockchain is usually very affordable.
When your swapping activity still fails to complete and an error message is appearing for you to correct the slippage, you might want to see if the tokens you are trying to swap have any transaction fees or limitations.
On the SUI Blockchain, it is typical for tokens to have a transaction fee included in their contracts. Typically, these fees could be used for burning or funding a fair launch project's treasury.
Last modified 5mo ago