📈Trading

Learn how to buy and sell tokens on Khensu Fun's bonding curve trading system.

How Trading Works

Khensu Fun uses a bonding curve for pricing:

• Buying → Reduces supply → Price increases

• Selling → Increases supply → Price decreases

This creates instant liquidity without traditional order books or market makers.

Trading Interface

Navigate to any token at khensu.fun/token/[id] to access:

Quote Engine

Enter your trade amount to see:

Metric	Description
Expected Output	How many tokens/HTR you'll receive
Price Impact	How much your trade will move the price
Fee	2% for buys, 3% for sells

⚠️ High Price Impact = Large trade relative to pool size = Worse execution price

Buying Tokens

Step-by-Step

1. Select Amount: Enter how much HTR you want to spend

2. Review Quote: Check expected output and price impact

3. Set Slippage: Adjust tolerance if needed (default: 1%)

4. Confirm: Click Buy and approve in your wallet

5. Receive Tokens: Tokens are credited to your account

Fee

• 2% buy fee is deducted from your HTR input

Selling Tokens

Step-by-Step

1. Select Amount: Enter how many tokens to sell

2. Review Quote: Check expected HTR output

3. Confirm: Click Sell and approve in your wallet

4. Receive HTR: HTR is credited to your account

Fee

• 3% sell fee is deducted from your HTR output

Slippage Protection

What Is Slippage?

The difference between the expected price and the actual execution price. It happens when other trades occur between your quote and transaction confirmation.

How Protection Works

• You set a tolerance (e.g., 1%)

• If price moves unfavorably beyond your tolerance, the trade reverts

• Your funds are protected from executing at a bad price

Recommended Settings

Situation	Suggested Slippage
Normal trading	1%
Volatile tokens	2-3%
Large trades	0.5-1%

Internal Balances

What Are They?

When slippage protection activates, your trade might use less HTR than you sent. The excess isn't always returned immediately—it's stored in your internal contract balance.

Where To Find Them

1. Go to your Profile at khensu.fun/user/[your-address]

2. Check the Contract Balance tab

3. Click Withdraw to reclaim funds

⚠️ Important: Always check your profile after trading to withdraw any leftover funds!

Trading Tips

✅ Best Practices

• Start with small trades to understand price impact

• Watch the quote engine before confirming

• Set appropriate slippage for market conditions

• Regularly check your profile for internal balances

❌ Common Mistakes

• Trading large amounts on low-liquidity tokens (high price impact)

• Setting slippage too low (trades fail) or too high (poor execution)

• Forgetting to withdraw internal balances

Graduated Tokens

Once a token graduates to Dozer Finance:

• Trading on Khensu Fun stops

• All trading moves to Dozer Finance

• Different trading interface and mechanics apply

Next Steps

• Learn about King of the Hill visibility

• Understand Graduation to Dozer

• Manage your Profile & Portfolio