Xebra is a decentralized exchange (DEX) built on the Movement Testnet, utilizing the Automated Market Maker (AMM) model to facilitate peer-to-peer token swaps. It allows users to trade cryptocurrencies without relying on traditional order books, offering continuous liquidity and low slippage. By participating as liquidity providers, users can earn rewards from trading fees, while the platform ensures seamless and efficient swaps across tokens.

For those new to the Movement ecosystem, setting up involves connecting a compatible wallet, minting testnet tokens through the Movement and Xebra faucets, and exploring the DEX’s features, like token swaps and liquidity provision. Xebra also supports multiple quests to enhance your on-chain profile, providing additional opportunities to engage with the network.

To start swapping, simply select the tokens, set your preferred slippage tolerance, and execute the trade. For best results, ensure your liquidity is high to minimize price impact​(

https://docs.xebra.trade/parthenon-testnet-guide/on-chain-quests/swap-tutorial

)​(

https://docs.xebra.trade/xebra-swap

).

For more detailed guidance, visit Xebra Docs.