FAQ's Swaps
Last updated
Last updated
Swaps typically take a few minutes to complete. However, larger swap amounts or network congestion may lead to delays in processing.
Thorwallet supports multiple swap routes. When you tap on the “Routes” or “Paths” option before confirming the swap, you can:
See the estimated time for each swap route
Understand which route is being used (e.g., streaming vs. standard)
Choose an alternate route if available
⏱ The estimated completion time for the selected route is also shown on the swap preview screen.
Imagine you’re making a swap: you select the assets and amount, then confirm the transaction at 12:00. However, there is a delay, and the transaction is executed at 12:01. During this time, the price of the assets can fluctuate significantly, which is where slippage tolerance becomes important.
Slippage tolerance allows you to set a maximum price difference you’re willing to accept for the transaction. If the price changes more than your set tolerance, the transaction will not be completed and will be reversed.
Our app includes an automatic slippage function, but you can customize your slippage tolerance by clicking the gear icon in the upper right corner (see screenshots below).
When you swap assets in THORWallet, several types of fees may apply. These can vary depending on the swap route used and the assets involved.
💸 Types of Fees You May Encounter:
Network/Transaction Fees: These are paid to the blockchain networks and can fluctuate depending on traffic and the chain being used.
Swap Route Fees: Each route has its own fee structure, which may include trading, liquidity, or relayer fees. The total cost depends on the route selected for your specific swap.
Affiliate / Platform Fee: A small fee may be applied by THORWallet DEX based on your community tier or NFT status, typically ranging from 0% to 1%
🔍 How Are Fees Displayed?
Before you confirm a swap, THORWallet:
Automatically selects the most efficient route available.
Shows you a breakdown of all estimated fees.
Allows you to review and compare options when multiple routes are available.
