🌊Provide Liquidity

Providing liquidity on Monday Trade allows you to contribute to trading pair liquidity pools, earn fees, and support the Monad ecosystem. This step-by-step guide explains how to add liquidity to a pool on Monday Trade.

Before adding liquidity, ensure the following:

  • A compatible wallet is connected to the Monad network and Monday Trade.

  • Sufficient tokens for the chosen trading pair are available in your wallet.

  • Enough MON to cover gas fees.

Steps to Add Liquidity:

  1. Select an Asset Pool In the search bar on the dapp UI, select the asset pool you want to provide liquidity (e.g. MON/WETH).

  2. Access the Liquidity Panel On the right-hand side of the page, click the "Liquidity" panel to open the liquidity management interface for the selected pool.

  3. Set Your Price Range Choose the price range for your liquidity position. You can:

  • Manually enter the minimum and maximum prices in the provided fields, or

  • Drag the upper and lower boundary lines on the price range graph to adjust the range visually.

If your selected range excludes the current market price (an out-of-range position), you will provide liquidity with only one token (e.g., MON or WETH, depending on the price range at which you are providing liquidity) and will not earn fees until the market price enters your range.

  1. Enter Deposit Amount Input the amount of one token (e.g., MON or WETH) you wish to deposit. The platform will automatically calculate the corresponding amount of the other token based on the current pool ratio and your selected price range.

  • For in-range positions, you’ll provide both tokens proportionally.

  • For out-of-range positions, you’ll provide only one token, as indicated by the interface.

  1. Approve Token (First-Time Only) If this is your first time adding liquidity for a specific token, click the "Approve [Token Symbol]" button (e.g., "Approve MON"). Confirm the approval transaction in your connected wallet. This step authorizes Monday Trade to access your tokens for the pool.

  2. Review and Confirm Transaction Review the liquidity details, including the token amounts and price range. Once satisfied, click "Add Liquidity" and approve the transaction in your wallet. Wait for the transaction to be confirmed on the Monad network.

Once confirmed, your liquidity position will appear in the "Liquidity" section at the bottom of dapp UI. You can monitor its status, collect fees, or manage your position as described here.

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