Add Liquidity
Last updated
Last updated
To add liquidity to MarginX:
Open the MarginX web app and connect your wallet. Next, select the “Pool” to open the Pools page.
Select “Create a pair”.
Select the token drop-down.
Select the token you want to add liquidity for.
Note: When adding liquidity, you can select any pair of tokens.
Consider the Total Value Locked (TVL), trading volume, and token price when selecting tokens. The MarginX analytics site provides this information for existing pools.
Next, select the second token. Select the token drop-down.
Select the second token you want to add liquidity for.
Enter the amount of tokens you want to deposit into the liquidity pool, or select “Max” for the maximum amount of tokens.
Select “Approve”, then in your wallet allow your tokens to be used for providing liquidity. This transaction has network costs.
Select “Supply”.
Review the liquidity position details, then select “Confirm Supply”.
In your wallet, confirm the transaction. This transaction has network fees.
To view the pending transaction select “View on FX Starscan”. Otherwise, select “Close”.
You will receive FX-V2 tokens. These tokens represent your ownership over the liquidity position.
To add these tokens to your wallet, select “Add FX-V2”.
A confirmation notification will appear once the transaction is complete.
Once completed, you can view and manage your liquidity position from the Pool page.
For new tokens listed on MarginX, go to this Github repository to give your token an icon on MarginX. Follow the instructions on the README of the repository to add your token image. Do allow the project owner time to merge your pull request.