# Tokenlon Manual

## How to use the Tokenlon Instant Swap

#### What is the Tokenlon Instant Swap？

Tokenlon is a decentralized exchange that aggregates liquidity from multiple sources, including RFQ market makers, Uniswap, and Curve. This provides users with faster speeds and better-priced decentralized token exchange services.

#### How to use the Tokenlon Instant Swap?

**Select the token list**

* The left side is for selling tokens, and the right side is for buying tokens.
* Click the blue button to start the exchange process.

**Enter the amount**

* Enter the amount you want to exchange
* Confirm the amount you will receive

**Initiate Tokenlon Instant Swap**

* View real-time exchange rate
* Confirm the trade amount
* Initiate Tokenlon Instant Swap
* Check the trade preview

**View the Exchange Record**

* Make sure you’ve received the right amount
* Complete the instant exchange.

**Additional Information:**

1. Fees: A 0.3% fee of the trade amount is charged for each transaction (LON holders can enjoy discounts; see the fee overview for details).
2. Trade amount limit: The current Tokenlon Instant Exchange limit is 300 ETH for each transaction, and subsequent increases will be based on user demand.
3. Trade time: The Tokenlon Instant Exchange occurs on-chain, so the transaction time depends on the speed of the Ethereum network. Most trading transactions are completed within 60 seconds.
4. Price slippage: Tokenlon supports adjusting the price slippage tolerance.
5. Adding receiving addresses: Tokenlon supports adding other addresses as payees.


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