Trade

The Trade page in Mangrove’s DApp provides a streamlined interface for trading tokens using three types of orders: market, limit, and amplified orders. This page also includes real-time order books, trade history, and charting tools for tracking price movements and depth, enabling users to make informed trading decisions.

Types of Orders on Mangrove DEX

On Mangrove DEX, there are three types of orders available:

1. Market Order: This type allows you to buy or sell a token at the current market price. Market orders are executed immediately, providing a quick and efficient trading option.

2. Limit Order: With a limit order, you set a specific buy or sell price for a token. The order will only execute when the market reaches the designated price, allowing you to control the trade’s entry or exit point based on your target price.

3. Amplified Order: Amplified orders are enhanced limit orders that leverage Mangrove’s unique unlocked liquidity principle. By using the Liquidity Sourcing option, you can place limit orders across multiple markets using the same funds, maximizing efficiency without locking assets. This strategy allows your funds to serve multiple trading opportunities simultaneously, boosting potential returns.

Note: Before placing your first order, you will need to approve Mangrove to spend tokens on your behalf. This one-time authorization allows Mangrove to execute trades using your specified funds.

---

Accessing the Trade Page

In the Mangrove DApp sidebar, click the "Trade" icon (two candlestick icons). This will open the trading interface, showing market information, order types, and trading options.

Market Data Overview

• Price: Displays the current price of the selected pair.

• 24h Change: Shows the price change percentage over the last 24 hours.

• 24h High/Low: Indicates the highest and lowest prices within the past 24 hours.

• 24h Volume: Shows the total trading volume for the pair in the past 24 hours.

Charting Options

• Depth Chart: This chart visually represents the buy and sell orders on the order book, giving insights into market depth and potential liquidity at different price points.

• Price Chart: The price chart (often integrated with TradingView) provides price movements over time. You can add indicators, adjust timeframes, and customize views to analyze historical trends and price action for the trading pair.

Fees​

Makers on Mangrove have no fees to pay, all fees are paid by the takers! Below is a table of the fees on different markets available on Mangrove.

Market	Fee (Taker)
WETH/USDB	2bps | 0.02% all markets
Other markets	5bps | 0.05%