Market Order

A Market Order is the simplest and quickest way to trade on Mangrove. It allows you to buy or sell a token at the current market price and is executed immediately.

Step 1: Access the Trade Page

In the Mangrove DApp sidebar, click the Trade icon (two candlestick icons) to open the trading interface.

Step 2: Select Trading Pair

Choose the trading pair you wish to trade (e.g., WETH/USDC) from the dropdown at the top of the page.

Step 3: Choose Order Type

In the right-side panel, select Buy or Sell, then select Market under the Buy or Sell tab.

Step 4: Enter Trade Details

• Send Amount: Input the amount of the token you want to buy or sell. Use shortcuts like 25%, 50%, 75%, or Max to quickly select a portion of your balance.

• Receive Amount: This will auto-calculate based on the current market price.

Step 5: Set Slippage Tolerance

Define an acceptable slippage tolerance (e.g., 0.5%) to manage potential price variations during execution.

Step 6: Review Fees

The system displays the transaction fee for the market order.

Step 7: Place the Market Order

• Click Buy or Sell to execute the market order instantly.

• Confirm the transaction in your wallet.

Your order will execute at the best available price, and your tokens will be transferred immediately upon confirmation.