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Swapping

Trade tokens on Orbit Finance. Here’s how it works.

How to swap

  1. Go to markets.cipherlabsx.com
  2. Connect your wallet
  3. Pick your input token and amount
  4. Pick the output token
  5. Check the quote (price, fees, estimated output)
  6. Confirm and sign

What happens under the hood

Your trade moves through the pool’s price bins one at a time:

Swap execution: selling 100 USDC for CIPHER
Bin -995: has 30 USDC worth of CIPHER → fills 30 Bin -994: has 50 USDC worth of CIPHER → fills 50 Bin -993: has 80 USDC worth of CIPHER → fills 20 (partial) ──────────────────────────────────────── Total: 100 USDC filled across 3 bins Active bin moved from -993 to -995 Each bin charged the pool's fee rate

Each bin charges fees as the swap passes through. More bins crossed = slightly more fees total, but for normal-sized trades it’s negligible.

Price impact

Bigger swaps cross more bins, and each bin is at a slightly different price. So your average execution price gets worse as the trade gets larger.

The UI shows estimated price impact before you confirm. For large trades, splitting into smaller swaps gives you better overall execution.

Slippage protection

You can set a max slippage tolerance. If price moves beyond your limit while the transaction is processing, it reverts and you keep your tokens.

Market conditionsSuggested slippage
Stable, liquid pair0.5%
Normal volatility1%
Volatile or thin liquidity2-3%

Where fees go

Every swap generates fees that get split:

💧

50% to LPs

Goes directly to the liquidity providers whose bins you traded through. Auto-compounds into their position.

🪙

50% ecosystem share

Split between $CIPHER stakers (75%), NFT holders (15%), and the DAO (10%). Distributed weekly in USDC.

Every trade you make feeds the ecosystem. Stakers and NFT holders earn from your swaps.

Jupiter routing

Orbit Finance is being integrated with Jupiter, Solana’s main swap aggregator. Once live, any swap on Solana that routes through our pools generates fees automatically. That means more volume and more rewards for the community without anyone having to come to our frontend directly.

Every swap pays stakers

Stake $CIPHER and earn your share of fees from every trade across all pools. At $50K daily volume, stakers split $2,625/week in USDC.

Start earning from swaps →
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