> For the complete documentation index, see [llms.txt](https://hakifi.gitbook.io/Hakifi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hakifi.gitbook.io/Hakifi/protocol/swap/swap-guide.md).

# Swap Guide

**Swap Engine**

**Token swaps** on Hakifi are a simple way to trade one token for another via automated liquidity pools on Monad.

<figure><img src="/files/SBbdJ0dSfZuvV9oNCn4F" alt=""><figcaption></figcaption></figure>

* Select the token you'd like to swap
* Type the amount
* Select the token you would like to receive
* Click on “Review” button

### Swap Fees <a href="#swap-fees" id="swap-fees"></a>

When you make a token swap (trade) on the Hakifi , you will pay trading fees according to the type of liquidity pool your trade is being routed through. You may check the route details by clicking the magnifier icon on the “Route” section.

For Exchange V3 liquidity pools, there are currently four different fee tiers: 0.01%, 0.05%, 0.25%, and 1%. (V3 version will be updated soon)

For StableSwap liquidity pools, the fee rate depends on the individual pool configurations. Please check the “Fee” section for more detail.

For Exchange V2 liquidity pools, a fixed 0.25% trading fee is applied, which is broken down as follows:

* **0.17%** - Returned to Liquidity Pools in the form of a fee reward for liquidity providers.
* **0.0225%** - Sent to the Hakifi Treasury.
* **0.0575%** - Sent towards Hakifi buyback and burn.

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