FAQ
How can we serve you? Check out our comprehensive list of frequently asked questions and extensive documentation below.
How do you use Oku Trade?
The simplest way to use Oku Trade is to connect your wallet, click on the Swap Page, and select the assets you want to swap, similar to traditional DEX frontends. More advanced users can navigate to the Trade Page, choose their preferred pool, and swap within it using market orders or limit orders.
Is Oku free to use?
Oku is free to use. The platform does NOT charge a frontend fee on trades, new positions, or pool fee collections. Users only pay gas fees and fees from the associated pool.
How do you create a limit order?
Create a limit order by selecting a pool on the Trade Page, clicking Limit, and inputting your desired amount and execution price. After creating the order, you can find it on the Orders page.
Can I cancel a limit order?
Yes, until the order is filled you may cancel the limit order at any time.
How do you deploy an LP position?
Begin by navigating to the Position Maker page and selecting your preferred pool. You can select your range by clicking the chart, selecting a percentage from the dropdown, or manually entering the numbers. Finally, enter the amount of liquidity you’d like to deploy, then deploy it.
How do you view past orders?
Connect your wallet, then navigate to the Orders page on the top right of the platform to view past orders, open orders, and positions.
How do you create a new pool?
Click the settings button on the top right of the application and click “Create Pool.” Enter the token addresses of the two assets in the pool, select your fee tier, and the price on deployment. Once you click next, you’ll be prompted to add initial liquidity. After deploying the liquidity, the pool is live on Uniswap v3!
Which chains is Oku integrated with?
Oku is built on the existing Uniswap v3 contracts on Ethereum, Polygon, Arbitrum, Optimism, zkSync Era, Scroll, Rootstock, Boba Network, Moonbeam, Binance Smart Chain, Base, Blast, and Filecoin.
Which wallets are supported on Oku?
Metamask, WalletConnect wallets, and all wallets supported by Wallet Connect’s v3 Modal. If your wallet is not on the list, please contact us on Discord for support.
How do limit orders work?
Limit orders are one-side, one-tick-wide Uniswap v3 positions. Each tick represents a price. Once the tick is crossed, the order is filled, and Chainlink’s Automation system will withdraw the tokens from the position.
Where does Oku retrieve its data?
Oku indexes all Uniswap v3 data directly from the chain and propagates it into our custom API. The API is available for other Uniswap ecosystem members to utilize in their applications at no cost.
How does Oku make money?
Oku was initially funded by a $1.6m grant from the Uniswap Foundation. GFX Labs has other revenue streams, which allow us not to collect revenue from Oku at this time.
Does Oku plan to support other chains?
Yes! We are continuously integrating new chains into the interface. If your chain is not currently supported, feel free to contact us on Discord to make a request.
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