Placing a trade
A quick guide to placing a trade on Rubicon

How to place your first Rubicon trade πŸ“ˆ

If your wallet is connected to the app and you have ETH on Optimism, you are ready to start trading. In this guide, we will use the MetaMask browser extension wallet. Once your wallet is connected, you will see the Trade page in the Rubicon app:
Viewing WETH/DAI on Trade
In this guide, we will trade DAI for WETH. This means our wallet already has DAI for the trade and ETH to cover network fees.
Both DAI and ETH can be bridged to the Optimism network using Hop, and ETH can be wrapped to WETH on Swap in the Rubicon app. 1. On the Trade page, select the WETH-DAI pair using the token menus. You may need to change your quote token from USDC to DAI:
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2. The first time you trade a token on Rubicon, you will need to approve the Rubicon contract to spend that token. Approvals are a part of the ERC-20 token standard. You will have to confirm the approval in your wallet, and will only have to do this once per token. Approvals are fairly cheap transactions. (needs more work)
Click Confirm to continue
3. Now that DAI is approved on Rubicon, you can spend your DAI by placing our WETH buy in the Trade menu: (The Approve button will switch to Buy)
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4. Enter the Quantity of WETH you want to buy and your order total will . Click Buy when you are ready to submit the trade:
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5. After clicking Buy, you will need to Confirm the transaction in MetaMask. Make sure you have enough ETH to cover the gas fees.
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5. After confirming the transaction in your wallet, wait for the transaction to be confirmed. Optimism transactions should confirm within a few seconds.
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Your trade is confirmed and your WETH will be in your wallet!
If you need support, join the Rubicon Discord and reach out in the #support channel. Happy trading πŸ“ˆ
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