Glyph Exchange Questions Answered
Everything you need to know — from your first swap to advanced liquidity strategies. Can't find what you're looking for? Visit our company page or head back to the main app.
What exactly is Glyph Exchange and what makes it different from other DEXs?
Glyph Exchange is a decentralized exchange built on the Core DAO network — a blockchain that sits at the intersection of Bitcoin security and EVM compatibility. Most DEXs operate entirely within Ethereum or its Layer 2 chains. Glyph Exchange is positioned differently: it brings ERC-20 liquidity into contact with BRC-20 tokens and Bitcoin-native inscription assets. That combination is rare. The protocol draws on a Solidly-style ve(3,3) model for governance and emissions, meaning liquidity providers and token holders have a direct say in how rewards flow. You get AMM trading, concentrated liquidity pools, and cross-chain token exposure, all from one interface.
Which wallets work with Glyph Exchange?
Any wallet that supports Core DAO's EVM-compatible chain will connect without issues. MetaMask is the most common choice — you just add Core DAO as a custom network (Chain ID 1116, RPC https://rpc.coredao.org). WalletConnect-compatible wallets also work, so Rabby, Trust Wallet, and Coinbase Wallet are all fine. If you're coming from a Bitcoin-native setup, you may need a separate EVM wallet for the Core side of transactions. Hardware wallets like Ledger function normally through MetaMask.
How do I add the Core DAO network to MetaMask?
Open MetaMask, click the network dropdown at the top, then select "Add network." Fill in these details: Network Name — Core Blockchain, New RPC URL — https://rpc.coredao.org, Chain ID — 1116, Currency Symbol — CORE, Block Explorer — https://scan.coredao.org. Save, then switch to that network. From there you can bridge assets using the Core Official Bridge linked directly inside the Glyph Exchange interface under the BRIDGE menu. CORE tokens for gas are available on several centralised exchanges.
What are BRC-20 tokens and can I actually trade them here?
BRC-20 is a token standard built on top of Bitcoin using the Ordinals protocol and inscription theory. Think of it as a way to attach fungible token data to individual satoshis. Unlike ERC-20 tokens, BRC-20s live natively on the Bitcoin base layer. Glyph Exchange is one of the few DEX platforms pursuing genuine BRC-20 and ERC-20 interoperability. Through Core DAO's dual-staking mechanism and Bitcoin bridge infrastructure, wrapped or bridged representations of BRC-20 assets can enter the Glyph Exchange liquidity pools. The specifics of which BRC-20 pairs are live depends on current liquidity and bridging support — check the Swap interface for available pairs.
What fees does Glyph Exchange charge for swaps?
Fee tiers vary by pool type. Standard V2-style AMM pools charge 0.3% per swap, split between liquidity providers and the protocol treasury. Concentrated liquidity pools (V4 AMM) offer multiple fee tiers — typically 0.05%, 0.3%, or 1% — so tighter fee tiers suit stable pairs while wider tiers suit volatile ones. On top of swap fees, you pay Core DAO network gas in CORE tokens. Gas on Core is substantially cheaper than Ethereum mainnet. The Giga Swap aggregator route may also route through external sources, so the displayed rate already factors in best-available pricing across available paths.
What is the Giga Swap and how does it differ from the standard AMM swap?
Giga Swap is Glyph Exchange's aggregated routing mode. Rather than executing your trade through a single liquidity pool, it queries multiple sources and splits orders across routes to minimise slippage and improve output. It's the default recommended mode for most users. The V4 AMM and V2 AMM options are direct pool routes — useful if you want a specific pool, have a reason to avoid aggregation, or want predictable routing for a large position. For most everyday swaps under a few thousand dollars, Giga Swap will find you a better rate automatically.
Is Glyph Exchange safe to use? Has the protocol been audited?
Smart contract audits are a baseline requirement for any serious DeFi protocol, and Glyph Exchange has undergone third-party security reviews. Audit reports are referenced in the project's official documentation (accessible via the gitbook link in the app's navigation). That said, no audit eliminates all risk — DeFi protocols carry inherent smart contract risk, liquidity risk, and oracle risk regardless of audit status. Use amounts you can afford to lose, verify contract addresses before interacting, and avoid connecting to Glyph Exchange from links in unsolicited messages. The official app URL is app-v4.glyph.exchange.
How do I provide liquidity and what returns can I expect?
Navigate to the POOL section of Glyph Exchange. Choose a token pair and a fee tier, then set your price range if you're using a concentrated liquidity pool. Deposit equal values of both tokens (or asymmetric amounts within your chosen range). Your position is represented as an LP token or NFT depending on pool type. Returns come from swap fees generated by the pool. Pools with high trading volume relative to total value locked generate better fee APRs. There's no guaranteed return — impermanent loss is real and can exceed fee income in volatile markets. Check current pool statistics before committing capital.
What is Molten and how does it relate to Glyph Exchange?
Molten is the evolved branding and product direction for Glyph Exchange's Bitcoin DeFi push. The "GLYPH IS NOW MOLTEN" banner in the app reflects this transition. Molten represents the next phase of the protocol's development — deeper Bitcoin-native integration, new liquidity mechanisms, and expanded BRC-20 support. Functionally, the app you're using at app-v4.glyph.exchange is the V4 interface. The rebrand to Molten signals a shift in focus toward Bitcoin DeFi as a primary market rather than just one feature among many.
My transaction failed. What are the most common reasons?
Failed transactions on Glyph Exchange usually come down to one of a few things. Slippage tolerance set too low is the most frequent culprit — if the price moves between your submission and execution, the trade reverts. Try bumping slippage to 0.5% or 1% via the settings icon in the swap interface. Insufficient gas is another common cause; make sure your wallet holds enough CORE to cover fees. Occasionally a token requires a separate approval transaction before the first swap — if your wallet prompts for approval, confirm that first. If you're bridging assets, delays in bridge confirmation can cause downstream issues.
Can I use Glyph Exchange if I've only ever used Ethereum-based DEXs like Uniswap?
Yes. The interface will feel familiar. Glyph Exchange V4 borrows heavily from concentrated liquidity design patterns popularised by Uniswap V3, and the swap UX is close to what you'd see on most modern DEXs. The main adjustment is switching your wallet to Core DAO's network and acquiring some CORE for gas. If you've bridged tokens to Core via Stargate Finance or the Core Official Bridge, you're ready to trade. The learning curve is low for anyone already comfortable with EVM wallets and AMM mechanics. Learn more about the Glyph Exchange team and background if you're evaluating the protocol seriously.
How does Glyph Exchange handle slippage and price impact on large trades?
Slippage tolerance is set per-swap via the gear icon next to the swap interface. The default is conservative — adjust it based on the token pair's volatility and pool depth. Price impact is shown before you confirm a trade; anything above 2–3% on a standard pair should give you pause. For large trades, Giga Swap's aggregated routing helps by splitting volume across multiple pools, reducing the impact on any single price curve. For very large positions, consider breaking the trade into smaller parts spread over time. Thin pools on exotic pairs can have sharp price impact even on modest trade sizes.
Where can I find the official Glyph Exchange community and stay updated?
Glyph Exchange's primary community channels are X (Twitter) at @glyph_exchange and Discord at discord.com/invite/glyphexchange. Both are linked directly in the app's navigation under the :-) menu. For technical documentation, the Gitbook (glyph-exhange.gitbook.io/glyph.exchange) covers protocol mechanics, contract addresses, and integration guides. Announcements about new pairs, liquidity incentives, and protocol upgrades come through these channels first. Avoid any unofficial Telegram groups or Discord servers not linked from the official app — scams targeting DeFi users are common.
Why should I trade on Glyph Exchange rather than a centralised exchange?
Self-custody. When you trade on Glyph Exchange, your funds stay in your wallet until the moment of execution — you never hand tokens to a third party to hold on your behalf. Centralised exchanges require deposits, KYC, and trust in their solvency. DEX trading on Glyph Exchange means you keep your keys throughout. Beyond that, Glyph Exchange gives you access to early-stage Core DAO tokens and BRC-20 pairs that simply aren't listed on centralised venues yet. The tradeoff is that you handle your own security, gas, and slippage management. For users comfortable with that responsibility, a non-custodial DEX is the cleaner option.
What is the V2 app and should I still use it?
The V2 app is the previous major version of Glyph Exchange's interface, accessible via the "Launch V2" button in the header. Some users continue using V2 for specific legacy pools or familiarity. V4 is the current recommended version — it includes the Giga Swap aggregator, concentrated liquidity pools, and the updated interface. Unless you have a specific reason to use V2 (an open position you need to manage, for example), V4 at the current app URL is where active development is focused and where new pairs and features launch first. See the company page for more context on Glyph Exchange's product roadmap.