The Complete Guide to Meridian the Central Liquidity Hub on Movement

Meridian is one of the main decentralised exchanges (DEX) on movement, with the goal of building the financial primitives to power The Movement Labs ecosystem.

Meridian is built for fast, secure, and scale-able liquidity allowing you to swap tokens, earn rewards through Liquidity Pools (LP) and integrate with the movement labs ecosystem.

Important links: https://parthenon.movementlabs.xyz/quests

Move dc: https://discord.gg/TSEjWcvf

Twitter/X Meridian: https://x.com/meridian_money

Twitter/X move: https://x.com/movement_xyz

Meridian: https://app.meridian.money/swap

I. Basics

To begin your journey you will need a move-compatible wallet this is Razor and Nightly but OKX works too if you prefer it.

Connect and Fuel: Head to app.meridian.money/swap and click Connect, pick one of the three wallets mentioned above.

The Connect button is found on the top-right of your screen.

Other wallets are available but not personally recommended

Make sure you have funded your wallet with $move this can be done using the offical bridge: https://bridge.movementnetwork.xyz/

Swapping tokens: The Swap tab lets you trade any two supported tokens on Movement. Click the downward arrow under “you’re paying” to pick the coin your selling, and under “To receive” for the coin you want to buy

Then enter the amount you want to swap, keep an eye on Price impact, Minimum received and Max slippage.

Max slippage refers to how much the price of the tokens can change and your trade will still go through, a high slippage can mean a loss of tokens if the price falls as you swap.

The Price impact is how your trade affects the pool.

Min Received is the floor amount you are guaranteed to get during a swap.

Meridian is one of the primary DEX’s on Movement, leading to it’s role in the Parthenon such as its own campaign (ended) “The M1 road to mainnet” and its general use for beginner quests such as performing swaps and Daily quests.

II. Liquidity Pools

As an AMM (automated market maker) Meridian requires users to deposit coins in Liquidity pools (LP’s) in order to facilitate swaps between coins.

Users who deposit coins into LP’s are known as LP providers and earn a portion of the swap fees (as well as another incentive) in return for their services.

To earn passive yeild by providing to a LP you must first head to the “pools” tab and choose a pool.

Choose a pair with a high APR such as move/usdc which currently has a 121% APR!!

After which choose the amount of $move you want to spend and swap half to the other coin in the pair!

Click on the pool then scroll down and click add Liquidity, this is where the magic happens!!

Deposit both of your coins and approve the TX.

You get LP tokens which verifies your position as a provider. Fees from swaps now make you money!

Your liquidity position is represented by LP tokens. You can stake them back to Meridian to earn the complete rewards.

Scroll past My position, click on “stake”. This will allow you to deposit LP tokens, click max to not have any tokens sitting idle as excess.

Where the money comes from: There are two sources to the juice, Fees and Movementlabs incentives.

The LP coins you receive representing ownership of the pool. Each swap utilising it pays a fee that increases value, generating yield with volume+time!

On top of this The Movementlabs Foundation set aside 250mil $move for The ecosystem, this is given to DEX’s letting them increase the incentive of Providing Liquidity, This is what Meridian does!!

The potential downside to LP is impermanent loss. This is the risk that if the prices of your two coins change too much, you may make less overall (in USD) than if you had just held the two coins seperatly.

This sometimes happens because the LP buys/sells the two coins to constantly keep them balanced.

III. Meridians Role on Movement

Meridian has been a key partner/member on movement since the ecosystem’s early phases. Well before Mainnet, it functioned as it continues to now directly contributing to the community we have today.

As the ecosystem moves forward, Meridian continues to sit at the intersection of liquidity, incentives, and user behaviour. While no token has been officially launched, Meridian and Movement communications have clearly hinted at future rewards showcasing its loyalty to early testers.

IV. Final Judgement

Meridian is a great way to integrate yourself with the movemetnlabs ecosystem, complete quests and general DeFi. It allows you to Earn, swap and participate with the community truly living up to its name as the Central Liquidity Hub on Movement.

(4.5k Characters)

Gmove!!