Frequently Asked Questions about Quickswap

Quickswap is a decentralised exchange (DEX) built on Polygon and Base, enabling users to swap tokens, provide liquidity, earn yield through farms and bonds, and trade perpetuals — all without a centralised intermediary.

Powered by automated market makers (AMMs) and concentrated liquidity pools, Quickswap routes every trade through the best available pool to give you the optimal price with minimal slippage and low fees. You only need a Web3 wallet such as MetaMask or WalletConnect to get started.

Quickswap currently operates on two networks: Polygon PoS and Base.

• Polygon PoS — the original home of Quickswap, offering a large ecosystem, deep liquidity pools, and extremely low gas fees for everyday trades.
• Base — an Ethereum Layer 2 by Coinbase, offering fast finality and access to a growing DeFi ecosystem.

You can switch networks at any time using the network selector in the top navigation bar of the Quickswap dApp.

Connecting to Quickswap takes just a few seconds. Click the "Connect Wallet" button in the top-right corner of the dApp.

Supported wallets include MetaMask, WalletConnect, Coinbase Wallet, Rainbow, and many more. Once connected, make sure your wallet is set to Polygon or Base depending on which network you want to use. Quickswap will prompt you to switch networks automatically if needed.

Quickswap provides a comprehensive suite of trading tools designed for both beginners and advanced DeFi users.

• Best Trade (Market Swap) — instantly swap any supported token at the best available price across all Quickswap pools.
• Limit Orders — set a target price and Quickswap will execute your swap automatically when the market reaches it.
• DCA (Dollar-Cost Averaging) — automate recurring swaps at set intervals to reduce the impact of price volatility.
• Perpetuals (Perps) — trade crypto derivatives with leverage via the Falkor engine on Quickswap.

Quickswap charges competitive swap fees starting as low as 0.01% depending on the pool type and tier.

Fees are distributed between liquidity providers (LPs) and the Quickswap protocol treasury. Concentrated liquidity pools allow LPs to choose a specific price range, maximising capital efficiency and fee earnings. All fees are displayed transparently before you confirm a swap.

Additionally, Polygon's low gas costs mean that the total cost of a swap on Quickswap is a fraction of what you would pay on Ethereum mainnet.

To provide liquidity on Quickswap, navigate to the Pool section, select a token pair, choose a fee tier, and deposit an equal value of both tokens into the pool.

With concentrated liquidity, you can specify a custom price range to concentrate your capital where trading is most active, increasing the fees you earn. In return, you receive an LP NFT representing your position. You can also stake your LP tokens in Quickswap farms to earn additional QUICK token rewards on top of trading fees.

QUICK is the native governance and utility token of Quickswap. Holding and staking QUICK gives you access to protocol revenue sharing, governance voting rights, and boosted farm rewards.

• Farms — stake your LP tokens to earn QUICK emissions on top of trading fees.
• Staking (dQUICK) — stake QUICK in the Dragon's Lair to receive dQUICK, which automatically accrues value as protocol fees are distributed.
• Bonds — purchase QUICK at a discounted rate by providing liquidity or other assets through the Quickswap Bonds program.

Visit the QUICK Utility dashboard on Quickswap to see all available earning opportunities.

Quickswap is a non-custodial protocol — your funds always remain under your control via your own wallet. Quickswap never holds your assets.

The smart contracts powering Quickswap have been audited by leading security firms. Additionally, Quickswap integrates the Webacy token scanner (DD — Do Your Own Diligence) directly in the swap interface, allowing you to scan any token for potential risks before trading. Always verify contract addresses and use trusted sources when interacting with Quickswap or any DeFi protocol.

Impermanent loss (IL) occurs when the price ratio of tokens in a liquidity pool changes compared to when you deposited them, resulting in a lower value than simply holding the tokens.

On Quickswap, concentrated liquidity positions are more exposed to IL within their selected price range, but also earn higher fees to compensate. Stablecoin pairs and correlated asset pairs generally have much lower IL risk. Quickswap farms provide extra QUICK rewards to further offset potential IL for liquidity providers. It is important to research each pool's characteristics before providing liquidity.

Quickswap is governed by its community through the QUICK token. QUICK holders can propose and vote on protocol changes, fee structures, new farm incentives, and strategic direction via Snapshot governance.

All governance proposals are published on the Quickswap Snapshot page (snapshot.org/#/quickvote.eth), where anyone holding QUICK can cast their vote. The Dragon Army — the Quickswap community — plays an active role in shaping the future of the protocol. Join the conversation on Discord and Twitter to stay updated on the latest proposals.

Quickswap offers multiple resources to help users and developers get the most out of the platform.

• Documentation — comprehensive guides and API references are available at docs.quickswap.exchange.
• Analytics — real-time pool, token, and protocol data at info.quickswap.exchange.
• Twitter / X — follow @QuickswapDEX for announcements.
• GitHub — open-source code at github.com/QuickSwap.

You can also read more on our About page to learn about the team and vision behind Quickswap.