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How to trade $PICA on Pablo


This introductory guide explores how users can trade PICA on Pablo, as well as other tokens such as KSM and USDT. Pablo is a new-generation Decentralized Exchange (DEX) and the first protocol to launch on Picasso. Pablo will become a core pillar within the Composable ecosystem by providing deep liquidity for traders, aligned incentives for token holders, and sustainable yields for liquidity providers (LPs).

How to trade on Pablo

  1. On, go to the ‘Swap’ page
  2. Connect your wallet if necessary. Read our guides how to create and connect a wallet.



  1. Select the token you would like to trade for PICA, currently, USDT or KSM can be traded for PICA


::: note By clicking the ‘settings’ ⚙️’ icon, users can adjust their slippage tolerance and set a transaction deadline

Slippage: The difference between the expected price of a trade and the price at which the trade is executed. When an order is executed but there isn't enough volume at the chosen price to maintain the current bid/ask spread.

Transaction Deadline: The amount of time the transaction stays “alive” to be processed on chain. High network load can cause extended processing time, possibly leading to changes in market details for ongoing transaction. :::


  1. Once you have specified an amount for the selected pair you want to trade, press "Swap"


  1. A pop-up asking for confirmation to swap will appear, press "Confirm Swap"


  1. You will be asked to sign the transaction using your password.


  1. Once the transaction has been signed, a ‘Swap Transaction Initiated’ message will appear and after a few seconds, your trade should be completed


  1. Once your transaction is complete, a ‘Swap Transaction Finalized’ message will appear to confirm the transaction.

In this guide you learned how to swap KSM for PICA on Pablo. To learn how to transfer assets from Bitfinex to use on Picasso read this guide.