> For the complete documentation index, see [llms.txt](https://docs.vest.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vest.exchange/overview/vest-architecture/swaps.md).

# Swaps

Vest's trading interface allows users to execute swaps via a taker-only mechanism against an internal liquidity pool. Unlike traditional order books with maker-taker dynamics, all trades are routed through Vest’s AMM, ensuring predictable pricing and simplified liquidity management.