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OpenOcean

OpenOcean is a leading DEX and a cross-chain swap aggregator. It provides a one-stop decentralized crypto trading solution.

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Swap

Swap page
  • Connect your wallet.

  • In the ‘Swap from’ field, select the currency and amount of tokens you wish to swap.

  • Repeat the process in the ‘Swap to’ field.

  • Click ‘Swap Now’ to confirm the swap.

Limit Order

  • OpenOcean allows you to set limit orders that will be executed at a specific price.

Setting up Limit Order
  • Switch from the ‘Swap’ tab to the ‘Limit Order’ tab.

  • Choose whether you want to buy or sell.

  • Select your desired trading pair from the dropdown list.

  • Set your limit price. Your order will be executed once this price is reached.

  • Review your limit order and confirm it with your wallet.

  • By default, your limit order will expire in one month. You can adjust this timeframe in the settings menu.

Cross-Chain Swap

  • Open the ‘Cross Chain’ tab.

Cross-chain page
  • Select the chain from which you wish to transfer, and then select the token to swap.

  • Enter the amount you wish to swap.

  • Repeat the process in the ‘Receiving chain’ fields, excluding the quantity.

  • Review the possible swap routes for your transaction. The default route should be the cheapest.

  • Review your swap details and confirm the transaction.

Perpetuals

  • To trade perpetuals, click on the ‘Perp’ tab in the menu bar.

  • The first step is to make a deposit. Hover over your wallet address in the top right corner and select ‘Deposit’.

  • Enter the amount you wish to deposit and confirm the transaction.

  • Once your deposit is successful, you can begin trading.

  • Set your leverage.

  • Select whether you want to buy or sell.

  • Choose the quantity from your deposit that you wish to trade.

  • Confirm your limit order.

  • You can track your open orders and history in the bottom section.

Buy Liquid Stacking Derivatives (LSD)

  • Click on the ‘Farm’ tab in the menu bar.

  • OpenOcean enables the purchase of liquid stacking derivatives. Purchase some tokens to receive ETH staking rewards.

List of ETH Liquid Staking Tokens
  • Click on the ‘LSD’ tab in the menu bar.

  • Select one of the Liquid Stacking tokens and click ‘Buy’.

Swaping tokens
  • Choose the currency you wish to pay with.

  • Confirm the transaction.

Liquidity

Liquidity menu

From the ‘Earn’ dropdown menu, you can choose to:

  • Add or remove liquidity from a pool.

  • Stake your LP tokens to earn extra rewards.

  • Participate in ETH liquid staking (this is the LSD described above).

Add & Remove Liquidity

Add liquidity
  • Navigate to ‘Earn > Pool’ in the menu.

  • Click the ‘Add Liquidity’ button.

  • Select two tokens from the dropdown lists.

  • Enter the amount of the first token you wish to supply. The second amount will be calculated automatically.

  • Confirm the transaction by clicking ‘Supply’.

  • Navigate back to ‘Earn > Pool’ in the menu bar to check your positions.

Liquidity management screen
  • Click ‘Remove’ to withdraw your tokens from the liquidity pool.

Withdraw liquidity
  • Enter the amount of LP tokens you wish to withdraw.

  • Click ‘Approve’ to confirm the transaction.

Liquid Stacking Derivatives (LSD)

  • Click on the ‘Earn > Farms & Vaults’ tab in the menu bar.

Available farms and vaults
  • Select a farm from the list and click ‘Detail’.

  • Click ‘Deposit’.

  • On the next screen, enter the amount of tokens you wish to deposit into the farm and confirm the transaction.

  • During farming, you can collect your rewards by clicking the ‘Harvest’ button.

  • To withdraw your tokens, select ‘Withdraw’. The same window as before will appear.

  • Enter the amount you wish to withdraw and confirm the transaction.

DAO

  • Navigate to ‘Dao > Stacking & Governance’.

DAO Staking page
  • You can lock your OOE tokens to vote on DAO proposals and receive gas refunds on OpenOcean.

  • Check how many tokens you need to stake to receive bonuses in the tier list.

  • Enter the amount you wish to lock and set the lock duration.

  • The higher the lock duration, the higher the staking APY.

  • Confirm the transaction at the bottom of the page.

  • To withdraw funds after the lock period, click ‘Withdraw’ instead of ‘Lock’ and confirm after choosing the amount to withdraw.

Under the ‘Dao’ tab in the menu, you can also find:

  • A forum to discuss proposals.

  • A snapshot to vote on active proposals.

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