# Swap in Velodrome

By [Lynn Brooke](https://paragraph.com/@lynnbrooke) · 2024-03-29

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Velodrome Finance stands out as the premier decentralized exchange on the Optimism blockchain, offering **a user-friendly platform for token swaps**, among other features. Here’s a straightforward guide to making swaps on Velodrome.

**What you will find in this article:**

![](https://storage.googleapis.com/papyrus_images/6094265993460994a41d1e8e0022eb73050460f4b9111f6a74290a1ef1bc4e5e.jpg)

**STEP-BY-STEP SWAP PROCESS**

**1)Access** Velodrome visiting [velodrome.finance](https://velodrome.finance/).

**2)Click** on the “_Swap_” option in the menu bar.

![](https://storage.googleapis.com/papyrus_images/1ed19c2c5c61b0faecc9cc68653e989383d1e0e9c465349c2b1473bac2a7844b.png)

**3)Choosing your swap tokens:**

*   **From token:** select the token you wish to swap and specify the amount. Velodrome displays the available balance in your wallet, allowing you to select the full amount with a click.
    

![](https://storage.googleapis.com/papyrus_images/8ae300a6960016fee354573cf882cfe6f4d0336439325a1c3848ea46fdc1a5e5.png)

*   **To token**: choose the token you want to receive. Velodrome calculates the receivable amount based on current prices. You can fins your desired token by searching the list or typing its name.
    

![Note: the platform also details the liquidity routing needed for your swap.](https://storage.googleapis.com/papyrus_images/e3c16b0327477ca64e0a010887886c7c914d54e466aeb77f3d65617bdff55ad1.png)

Note: the platform also details the liquidity routing needed for your swap.

**4)Reviewing swap details**: on the right side, Velodrome provides crucial swap information:

*   **Exchange rate:** the value of one unit of your swap token in terms of the token you’re swapping to.
    
*   **Slippage:** this is adjustable via the “Adjust” button.
    
*   **Minimum amount received:** the least amount you’ll receive, accounting for slippage.
    
*   **Price impact safety:** indicates the safety level of the swap’s price impact.
    
*   **Allowances:** permissions required to execute the swap.
    

![](https://storage.googleapis.com/papyrus_images/2c71addd9b88c2d882ef7ee0b6e24537e374ed3178e26064463b1a87eb6dd978.png)

**5)Allowances setup:** before swapping, gran permission for both tokens involved in the swap.

**6)Finalizing your swap:** with allowances set, proceed with the swap.

![](https://storage.googleapis.com/papyrus_images/259011fd66368a8cbcbe86bed9d239ec0725fd8024ef78da5bf63feae223ad64.png)

**KEY TAKEAWAYS**

*   Velodrome offers a seamless interface for swapping tokens on the Optimism blockchain.
    
*   It’s essential to review swap details, especially slippage and price impact, to ensure you’re getting a fair exchange.
    
*   Granting token allowances is a crucial step before completing your swap.
    

![](https://storage.googleapis.com/papyrus_images/11de350b0a30e4a0c3ff35e32927a15dca9f1da0a1cec4cb2f9b98a7ac208980.gif)

By following these steps, you’ll be equipped to engage with the Velodrome Finance exchange effectively, enhancing your trading experience on the Optimism blockchain.

_Lynn Brooke_

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_This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space._

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*Originally published on [Lynn Brooke](https://paragraph.com/@lynnbrooke/swap-in-velodrome)*