Question 1

What is a token swap and can I do it on Monlabs?

Accepted Answer

A token swap is an instant, on-chain trade between two assets that executes directly against decentralized liquidity pools - no order book, no counterparty, no intermediary holding your funds. Because Monad utilizes parallel execution, these swaps settle with sub-second finality and near-zero gas. Monlabs serves as a comprehensive trading portal - using our Swap interface, you can buy, sell, or trade any ERC-20 token on the Monad network.

Question 2

How does Monlabs ensure I get the best price for my swap?

Accepted Answer

Our built-in Swap feature functions as a powerful DEX Aggregator. To guarantee you receive the maximum token output with the lowest slippage, we utilize 0x smart routing to instantly scan liquidity across every major Monad DEX - including Kuru, Uniswap, OctoSwap, and LFJ. If splitting your order across multiple pools yields a better price, the protocol will automatically do so in a single, gas-optimized transaction.

Question 3

What is slippage and why does it matter?

Accepted Answer

Slippage is the difference between the price quoted on your screen and the actual price your trade executes at, caused by other users trading the same pool before your transaction confirms. Because Monad features sub-second finality, your exposure to slippage on Monlabs is drastically lower than on slower networks. You can set a custom Slippage Tolerance - if the execution price moves beyond it, the smart contract reverts the trade.

Question 4

Why do I need to approve a token before swapping?

Accepted Answer

Approving a token is a fundamental ERC-20 security feature. Before any dApp or swap router can trade your custom tokens, you must grant it explicit permission via an on-chain approve transaction. It is a one-time signature per token. Because MON is the native token, swapping MON for another asset skips approval entirely.

Question 5

Are there any fees to swap tokens on Monlabs?

Accepted Answer

Yes, Monlabs charges a flat 1% routing fee on swaps to maintain our advanced 0x DEX aggregation infrastructure, ensuring you always get the best execution price. The amount of tokens you see on screen before you sign is exactly what you will receive.

Trade tokens at the best price

Frequently asked questions