# Market Orders

The equivalent to making a market order on [Perp.Exchange](https://perp.exchange/).

You sell or buy a certain quantity to the vAMM.  &#x20;

![](/files/-MbVZzSOLtCPuujoT6zN)

Trades settle somewhat slower than on centralized exchanges, especially during high volume - to mitigate this, we provide slippage controls, and all trading operations take place on xDai, which is significantly faster than the Ethereum base layer.

![](/files/-MbV_Q-LCcJ-qKiVlY05)

By default, up to 0.5% slippage is allowed. Increase or decrease this using the orange gear icon ⚙️.

![](/files/-MbV__OXgcEpttGt106f)

Review the transaction and exchange fee (separate from the blockchain network fee) and submit the transaction. Next, you'll be asked to sign by your wallet.

![](/files/-MbV_o76zM_8dVZciKRQ)

Pop-ups will update you on the status of your order.

![](/files/-MbVa8sqXi9OQpsMb7oJ)

![](/files/-MbVaGWpuIEE95bvuPoK)

{% hint style="info" %}
Trades settle somewhat slower than on centralized exchanges, especially during high volume - to mitigate this, we provide slippage controls, and all trading operations take place on xDai, which is significantly faster than the Ethereum base layer.
{% endhint %}


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