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How to use Atrix: A Detailed Guide

Atrix is an AMM decentralized exchange on the Solana ecosystem. In this article, I will guide you through how to use Atrix, as well as take advantage of the opportunities to earn money from this platform, via the Coin98 Extension Wallet and Coin98 Mobile Wallet.
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linhha
Published Dec 03 2021
Updated Sep 08 2023
6 min read
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Atrix Overview

Atrix is the Automated Market Maker (AMM) Platform on the Solana ecosystem which utilizes Serum’s order books and allows for permissionless liquidity pool and farm creation. 

Atrix provides users and projects the best experience for swapping on and adding liquidity to Serum and interacting with farms based on a constant formula. There are no deposit or withdrawal fees on Atrix. Atrix generates fees like markets makers do on order books. It places orders with a 0.20% higher than price, effectively creating a 0.20% fee, All fees are kept by Atrix LPs.

Special of Atrix

  • In Atrix, users can easily create their own liquidity pair on Serum and LP token farms.
  • Atrix provides an intuitive interface, you can switch between Pool and Farm with one click.
  • Atrix executes all of its transactions directly on the Serum DEX and there are no deposit or withdrawal fees. 

How to start using Atrix

Download and install Coin98 Mobile Wallet

Atrix is now available on the Coin98 Mobile Wallet for both iOS and Android users:  https://coin98.com/wallet

Read the detailed instructions about how to use Coin98 Wallet or watch the tutorial video to install the Coin98 Mobile Wallet

Download and install Extension Wallet

Coin98 Extension Wallet now supports both Chrome and Firefox. If you are a new user, currently you can directly install the Extension Wallet on your computer.

Create the Solana (SOL & SPL tokens)

Atrix is a protocol of Solana, so you definitely need a Solana wallet (SOL, SPL) to use this platform.

After installing the Coin98 Wallet, you can refer to the guidelines below to create a Solana (SOL, SPL) wallet, or restore Solana wallets from other platforms to Coin98 Wallet.

If you are already a Coin98 Wallet user, you can refresh or import multi-chain wallets to update your Solana wallet (SOL, SPL) as well as other new wallets available in this version!

On Atrix, whether you’re using USDT, USDC, or SOL, you need to transfer them to your Solana wallet.

Prepare SOL to pay for the gas fee

Atrix uses SOL for the gas fee, therefore, to start experiencing on Atrix, you need to have SOL in your account.

You can buy SOL on centralized exchanges like Binance, FTX,.. and withdraw to Solana Wallet to be able to experience the product.

So now that everything is ready, let’s start trading!

How to use Atrix on Coin98 Mobile Wallet

Access Atrix on dApp Browser

Step 1: Open Coin98 Mobile Wallet, then click Browser on the home screen.

Step 2: Enter “Atrix” in the search bar, tap the Atrix logo in the results.

Connect your Solana Wallet with Atrix on dApp Browser

Step 1: At Atrix main interface, connect your wallet by clicking on Connect Wallet in the middle of the screen or the bottom right corner of the screen. 

Step 2: Click Continue, then select Coin98 Wallet from the list. Your Solana (SOL) on Coin98 Wallet will automatically connect with Atrix dApp.

If you want to change your wallet or your chain, tap on the Wallet Name in the lower right corner of the screen → Select the appropriate wallet/network.

Swap coin/token

If you haven't prepared enough coin/token for using Atrix, don't worry, as long as you have coin/token of the Solana system, everything is left to the swap feature.

Step 1: Choose the coin/token you want to swap. I will swap USDC to SOL as an example.

Step 2: Insert the number of coin/token you want to swap, the system will automatically calculate the corresponding amount of the other. 

Also, you can adjust the Slippage Tolerance by clicking the Setting button in the left corner of the Swap feature. Then insert the percentage you want to set and click Done.

Step 3: Double-check the information carefully and click Swap. In this step, choose Approve to conduct the transactions.

Add liquidity

When providing liquidity to the pool on Atrix, you will receive Atrix LP tokens (ALP) with the corresponding liquidity rate in the pool. Also, ALP tokens can be used for trade in other protocols or can be staked in Atrix Farm.

Step 1: In the main interface, choose Pools.

Step 2: Same as Swap, choose the coin/token pair you want to farm later, then click Deposit. I will join the USDT – USDC pool for an example in this guide. 

Step 3: Insert the number of tokens you want to supply. The system will automatically calculate the corresponding amount of the other.

Double-check the information carefully and click Deposit. Atrix will ask you to approve the request if agree with that, choose Approve to conduct the transactions.

After successfully adding liquidity, the screen will then display the amount of Atrix LP (ALP) token you’ll receive.

Now we already have the Atrix LP token, click the Stake button in the suggestion to go to the corresponding with the coin/token pair farm that you provide the above liquidity.

Farming

After receiving the Atrix LP token, you can use this to farm and receive the corresponding token as follow: 

Step 1: At the home screen of Atrix, click Farms

Step 2: Choose your farm with the reward listed below the name of that farm, then click Stake. In this guide, I will take the USDT – USDC pair as an example. 

Step 3: Insert the amount of LP tokens you want to stake. Click Stake to farm and choose Approve to conduct the transactions.

After the transaction is completed, the system will display the exact real-time amount of token reward you’ve farmed. If you’d like to collect this amount, insert the amount of LP tokens you want to stake then click Unstake. Choose Approve to conduct the transactions. 

Withdraw

After Unstake, let’s go back to the Pools section to withdraw your coin/token out of Atrix. 

Step 1: In the Pools section, click Withdraw.

Step 2: Insert the amount of Atrix LP or coin/token you want to withdraw, the system will automatically calculate the corresponding amount of the other. Choose Withdraw to withdraw your coin/token you have provided for liquidity.

After that, choose Approve to conduct the transactions. 

How to use Atrix on Coin98 Extension Wallet

Connect with Atrix

Step 1: In the main interface, choose Connect Wallet.

Step 2: Atrix will send the confirmation and note about a connection if you agree, Choose Continue

Click Continue, then select Coin98 Wallet from the list. After that, choose Connect, your Solana (SOL) on Coin98 Wallet will automatically connect with Atrix dApp.

Swap coin/token trên Atrix

Same as mobile wallet, the user will see the Swap section after opening Atrix. Let’s swap by following instructions.

Step 1: Choose the coin/token you want to swap. I will swap USDC to SOL as an example.

Step 2: Insert the number of coin/token you want to swap, the system will automatically calculate the corresponding amount of the other.

Also, you can adjust the Slippage Tolerance by clicking the Setting button in the left corner of the Swap feature. Then insert the percentage you want to set and click Done.

Step 3: Double-check the information carefully and click Swap

In this step, choose Sign to conduct the transactions.

Add liquidity

Step 1: In the main interface, choose Pools.

Step 2: Same as Swap, choose the coin/token pair you want to farm later, then click Deposit. I will join the USDT – USDC pool for an example in this guide.

Step 3: Insert the number of tokens you want to supply. The system will automatically calculate the corresponding amount of the other.

Double-check the information carefully and click Deposit

Atrix will ask you to approve the request if agree with that, choose Sign to conduct the transactions.

After successfully adding liquidity, the screen will then display the amount of Atrix LP (ALP) token you’ll receive.

Farming 

After receiving the Atrix LP token, you can use this to farm and receive the corresponding token as follow: 

Step 1: At the home screen of Atrix, click Farms. 

Step 2: Choose your farm with the reward listed below the name of that farm, then click Stake. In this guide, I will take the USDT – USDC pair with the reward is SRM as an example. 

Step 3: Insert the amount of LP tokens you want to stake. Then, click Stake.

Choose Sign to conduct the transactions. 

After the transaction is completed, the system will display the exact real-time amount of token reward you’ve farmed. If you’d like to collect this amount, insert the amount of LP tokens you want to stake then click Unstake

Withdraw

After Unstake, let’s go back to the Pools section to withdraw your coin/token out of Atrix.

Step 1: In the Pools section, click Withdraw.

Step 2: Insert the amount of Atrix LP or coin/token you want to withdraw, the system will automatically calculate the corresponding amount of the other. Choose Withdraw to withdraw your coin/token you have provided for liquidity.

Choose Sign to conduct the transactions. 

Summary

Hopefully, this article has helped explain and assist you in generating extra profit with Atrix natively on the Coin98 Wallet. 

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