HydraSwap Gitbook
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Introduction
Getting Started
Tutorial
Tokenomics $HYS
How to Add / Remove Liquidity
You can easily become a LP on HydraSwap by adding your assets to a pool by following the steps below:
To Add Liquidity:
1) Head to the "Liquidity" page and click on "Add Liquidity". Select the token pair that you would like to add to a pool by using the drop-down menu. In the example, we are adding HYSD + SOL (testnet tokens for demonstration).
2) Enter the amount that you would like to provide liquidity for. Liquidity must be added in a 1:1 ratio based on their USD amount. Just simply enter the amount of one coin, and the other coin's amount would be automatically computed. (Note: the exchange rate for the conversion would automatically refreshed every 60 seconds)
3) Set your slippage tolerance for this trade. In this example, we will use 1% slippage tolerance, which is also the default setting on HydraSwap.
4) Once everything is set, click "Supply"
5) Click "Approve" on your wallet
6) Once approved, the transaction should be confirmed shortly. You can see the confirmation on the bottom-left corner.
7) Click on "My Liquidity" to view all the liquidity that you have provided.
To Remove Liquidity
1) Head to the "Liquidity" page and click on "Add Liquidity", and then select "My Liquidity".
2) Simply click on "–" for the token pairs that you would like to remove liquidity.
3) Enter the amount that you would like to remove.
4) Click "Approve" on your wallet
5) Once approved, the transaction should be confirmed shortly. You can see the confirmation on the bottom-left corner.
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Last modified 7mo ago
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