Orbital Guide
How to enter and exit from the Orbital vaults
Entering Orbital Vault
Depositing into the Orbital vault is sealmess. Follow these simple steps:
Connect your wallet
Multiple types of wallets are supported, most people use Metamask.
Make sure your wallet is connected to the Arbitrum network.
Our products are currently on Arbitrum, with more to come.
Click on the button to select the network you would like to interact with:
Select the vault that you want to deposit into
Select and enter the number of tokens
If you are depositing in ETH, make sure you have enough ETH left over to pay for the gas fee.
Note: It is a good practice to keep at least 0.01 ETH in your balance in case you want to withdraw your asset during a highly volatile market environment. (i.e. extreme price movement = higher gas fees)
Check the deposit amount and the Zap Route to build a vault position.
The ZAP quote displayed during the deposit process already includes the ZAP fee. The ZAP fee is only deducted from token swaps.
Click the “Deposit” button.
Your wallet will ask you to confirm the transaction.
Wait for a few moments until it works depending on your network.
When your transaction succeeds, the pop-up will show a deposit success and vice versa.
Click “Done”
Check deposit balance
You will see your deposited balance in the vault’s interface, which should appear at the top of the page.
Exiting Orbital Vault
Select the vault from which you wish to withdraw.
Click the "Withdraw" tab.
Select the token and enter the amount you want to withdraw, or click "Max" to withdraw the entire balance.
Confirm the transaction when prompted by your wallet.
Once the transaction is successful, the tokens will re-appear in your wallet.
Swap / Bridge Tokens
You can swap tokens within the same chain or bridge tokens from other chains, all without ever leaving Parallax's user-friendly interface. The process is simple and intuitive: navigate to the "Swap/Bridge" tab and follow the steps to conduct your token exchange.
Our integration with Multichain, a cutting-edge cross-chain router protocol, ensures that cross-chain swaps are seamless and hassle-free for our users.
1. Select Swap/Bridge
You can choose any network you want and choose a token
Enter the number of tokens you want
Click “swa
Slippage Tolerance
You can customize your slippage preferences.
When trading assets, there is typically a spread between the price that a buyer is willing to pay and the price that a seller is willing to sell for. When an order is placed, this difference in price between the buyer and seller expectations results in what is called price slippage.
The amount of slippage is usually around 1-3%, but it can be even higher for coins with limited liquidity. This slippage can lead to a final sale price of the asset that is either higher or lower than the requested transaction amount.
Last updated
