POPDEX
Documentation

Trading on Popdex

This page explains the basic trading flow on Popdex.

Popdex trades are non-custodial. You connect your own wallet, review a quote, and approve the transaction through your wallet. Popdex prices attention assets in USDC.

A quote is a preview, not a guarantee.

1. Choose a market

Start by choosing an attention market.

Before trading, review:

  • market name and symbol;
  • whether the market is in the Bonding phase or Bonded;
  • Buzz;
  • Price;
  • Liquidity;
  • Graduation Progress if the market is still in the Bonding phase;
  • token address;
  • any warnings or unavailable actions.

Bonding phase means before Graduation. Bonded means after Graduation.

2. Connect your wallet

To trade, connect a supported wallet.

Popdex does not hold your private keys, seed phrase, or wallet credentials. Your wallet controls signing.

Never enter your seed phrase into Popdex or share it with anyone.

3. Choose Buy or Sell

The trading panel may let you choose Buy or Sell.

A buy means you are attempting to spend USDC to receive the attention asset.

A sell means you are attempting to spend the attention asset to receive USDC.

Available actions may depend on the market phase, market state, wallet status, and current release status.

4. Enter an amount

Enter the amount you want to trade.

The interface may show estimated output, minimum output, price impact, fees, Buzz changes, or other preview information.

Do not submit a transaction unless you understand the amount you are spending and the minimum amount you are willing to receive.

5. Review the quote

A quote is a preview of a possible transaction outcome.

A quote may become stale if:

  • the market moves;
  • liquidity changes;
  • Buzz changes;
  • the market graduates;
  • your wallet state changes;
  • network conditions change;
  • the quote or validation expires.

If a quote looks old or the market state has changed, refresh it before submitting.

6. Understand minimum output and slippage

Minimum output is the least amount you are willing to receive.

Slippage is the difference between the expected result and the final executable result.

If the market moves beyond your minimum output, the transaction may fail instead of executing at a worse result.

Slippage protection can help limit unwanted execution, but it does not guarantee a successful or profitable trade.

7. Approve in your wallet

When you submit a transaction, your wallet will ask you to approve it.

Review the wallet prompt carefully. Check:

  • token amounts;
  • network;
  • fees;
  • destination or account changes;
  • wallet warnings;
  • expected action.

Reject the transaction if anything looks wrong.

8. Track transaction status

After approval, the transaction may be pending, confirmed, failed, rejected, or not found.

A confirmed transaction can still have a different result from an earlier preview if the final live-chain execution differs from what you expected within your submitted transaction limits.

Refresh the market page after the transaction settles.

Common reasons trades fail

A trade may fail because:

  • the quote expired;
  • the market moved;
  • slippage protection rejected the result;
  • liquidity was insufficient;
  • the market changed from the Bonding phase to Bonded;
  • your wallet rejected the transaction;
  • your balance was too low;
  • a token account was missing or unavailable;
  • network, RPC, or wallet services failed;
  • transaction validation became stale.

Most user-recoverable issues start with refreshing the page, checking balances, reviewing the market phase, and requesting a new quote.

Do not keep resubmitting an old transaction.