> For the complete documentation index, see [llms.txt](https://docs.apex.win/apex-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.apex.win/apex-docs/order-types/market-orders.md).

# 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.   

![](/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 %}