Get the extension What is a crypto swap?
A swap trades one token for another on the same blockchain, through a decentralized exchange or an aggregator that splits the order across several of them. It settles in a single transaction that you sign.
Why it matters
The price you get depends on liquidity, on the route and on slippage, the price movement you accept between the quote and the execution. Loose slippage invites front-running, and hidden fees reduce what you receive.
How Locker Protocol Wallet handles it
Locker Protocol Wallet includes a swap in the extension. The quote and the wallet's fee, at most 0.25%, are shown before you sign on the Vault.
Questions
What is slippage?
The difference you accept between the quoted price and the executed price. If the market moves more than that, the swap fails instead of filling at a worse price.
Is swapping in a wallet more expensive than on a DEX?
Wallets often add a fee on top of the exchange's. Compare the amount you receive, not only the headline rate. Locker's fee is shown before you sign.