# Token Swaps

**Token swaps** on [Sphynx Labs](https://thesphynx.co/) are a simple way to trade one token for another via automated liquidity pools.

![](https://3305527400-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FDqO74RP9mIwDC4dH0BKX%2Fuploads%2F4XMC7StALKYogv3rgLU6%2Fphoto_2024-04-18_00-21-27.jpg?alt=media\&token=4da61091-0037-4245-ad6a-c5c34dc954ea)

<mark style="color:blue;">**0.15% - Fees used to pay rewards for the Hyper Pools**</mark>