🎒Trade on Monday Trade

Order Types

Monday Trade supports the following order types:

• Market Order: Buy or sell an asset instantly at the best available market price. Ideal for quick trades when timing is key.

• Limit Order: Set a specific price to buy or sell an asset. The order only executes if the market reaches your chosen price (or better). Note: The price is guaranteed, but the order may not fill if the market doesn’t hit your target.

Place a Market Trade

1. In the search bar on the dapp UI and select the trading pair you want to trade (e.g. WMON/USDC). Note: Your wallet must have enough tokens for the trade and MON for gas.

1. On the trading panel, select Market.

1. (Optional) Click the settings icon in the trading panel’s top-right corner to adjust:

   1. Slippage tolerance: The maximum price change you’re willing to accept.

   2. Transaction deadline: The time limit for the trade to execute.

1. In the trading panel:

   1. Enter the amount of tokens to buy in the upper section, or

   2. Enter the amount of tokens to sell in the lower section.

   The other section will automatically estimate the corresponding amount.

1. If trading a token for the first time, click Approve [Token Symbol] to continue, then confirm in your wallet.

2. Review the trade details in the wallet pop-up. If correct, click Confirm.

3. Approve the transaction in your wallet when prompted.

Done! Your trade is complete. To view the transaction, click the transaction hash to check it on the Monad Explorer.

Limit Order

To place a limit trade on Monday Trade:

1. In the search bar on the dapp UI, select the trading pair you want to trade (e.g. WMON/USDC). Note: Ensure your wallet has enough tokens for the trade and MON for gas.

2. On the trading panel, select Limit.

1. (Optional) Click the settings icon in the trading panel’s top-right corner to adjust:

   1. Slippage tolerance

   2. Transaction deadline

2. In the trading panel:

   1. Enter the price (in the quote asset, e.g. WMON) at which you want to buy or sell.

   2. Enter the amount of tokens to buy in the upper section, or

   3. Enter the amount of tokens to sell in the lower section.

   The other section will automatically estimate the corresponding amount.

1. If trading a token for the first time, click Approve [Token Symbol] to approve it, then confirm in your wallet.

2. Review the trade details in the pop-up window. If correct, click Confirm.

3. Approve the transaction in your wallet when prompted.

4. After the trade executes, go to the Open Orders section at the bottom of the page to claim your swapped tokens.

Done! Your limit order is placed. To view the transaction, click the transaction hash to check it on the Monad Explorer.