> For the complete documentation index, see [llms.txt](https://edxalabs.gitbook.io/edxalabs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://edxalabs.gitbook.io/edxalabs/products/exchange.md).

# Exchange

![](/files/KNJ9r3bEf2XHDyDRRfTq)

EDXA Labs do not have an exchange but instead tap into liquidity from PancakeSwap. The reason being is that we are not focus to become an exchange. We focus on creating tools and application around the exchange.&#x20;

The exchange/swap features is similar to what PancakeSwap have. All the swap fees are govern by PancakeSwap.

[Learn more about permanent loss.](https://academy.binance.com/en/articles/impermanent-loss-explained)


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