Using the Multiswap App
The fastest way to understand Multiswap is to use it.
Open the Multiswap pool directory
Choose a testnet pool to explore the app with demonstration assets. Testnet assets have no economic value, and you will need the native testnet asset for gas.
1. Choose a pool
The Pools page groups the pools discovered onchain by network. Each row shows the pool name, symbol, epoch count, and current status.
Choose a pool from the directory to open its workspace.
Select a pool to open its workspace. You can switch pools later using the pool selector without returning to the Pools page.
Pool status matters:
| Status | What you can expect |
|---|---|
Deploying or Prepared | The pool is not ready for normal use. |
Started | A deposit phase is open. |
Sealed | Deposits have ended and final settlement is pending. |
Settled, Deployed, or Active | The pool is initialized. Multiswap and staking may be available. |
Refundable | Depositors can recover assets through the Deposit tab. |
Archived or Refunded | The pool is historical and may be read-only. |
The available tabs change with the pool state. That is intentional.
2. Read the pool overview
The asset table is the center of the app. For each Reserve Asset it can show:
- price,
- reserve quantity and value,
- actual weight and target weight,
- your wallet balance,
- Buy and Sell actions when the pool is active.
The pool's target token is pinned above the other assets. Selecting a token's name opens its detail view.
The table is not merely a market list. The Buy and Sell buttons build the order shown in the Multiswap panel.
On desktop, the pool state and action panel remain visible together.
3. Use the pool tabs
| Tab | Purpose | When it appears |
|---|---|---|
| Multiswap | Build, quote, and execute pair or basket trades. | After the pool is initialized. |
| Preview | Explore indicative quotes before trading opens. | Before initialization. Read-only. |
| Deposit | Deposit during an open phase, claim after settlement, or request a refund when enabled. | Throughout the pool lifecycle. |
| Stake | Allocate or remove the pool token stake assigned to Reserve Assets. | After initialization. |
| Faucet | Request demonstration assets. | Supported testnets only. |
On desktop, the asset table is on the left and the active task panel is on the right.
On mobile, begin in Overview to select assets. Then open the matching action view—Multiswap, Faucet, Deposit, or Stake—to enter amounts and submit. If you cannot find an asset inside the action card, return to Overview and select it there.
Recommended first session
You do not need to connect a wallet to explore Multiswap or build quotes. Start disconnected:
- Choose an initialized testnet pool from the pool directory.
- Select one asset to sell and one asset to buy, enter an amount, and inspect the quote.
- Add a second Buy asset and try a basket trade.
- Expand Quote Details and inspect the pre-trade price, post-trade price, price impact, value flow, and minimum amount received.
- Explore the Stake, Deposit, and Faucet tabs to see the other pool workflows.
- When you are ready to submit a transaction, connect your wallet and get testnet assets.
- Execute a trade, then try staking in an initialized pool.
A wallet is required only when you request testnet assets or submit a transaction.