# Spot

**Steps to Trade Spot Tokens:**

1. **Find Tokens**
   * Use the **`/tokens`** command to see a list of available tokens, ordered by their 24-hour trading volume.
   * Alternatively, use **`/search [SYMBOL]`** to directly search for a specific token. Commands like **`/buy`** or **`/sell`** also work to initiate trading for a specific token.
2. **Select a Token**

   * Once you've identified the token you want to trade, click its symbol at the end of the message.

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   * This will open the **Trade Widget**.

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3. **Use the Trade Widget**
   * Use the buttons on the widget to trade:
     * **Buy Options**: Choose pre-set USDC amounts or enter a custom amount using the **"Buy $X"** button.
     * **Sell Options**: Sell pre-set percentages of your token balance or enter a custom percentage using the **"Sell X%"** button.
   * Note: If you don’t see the "Buy" or "Sell" buttons, it might be because your wallet doesn’t have enough USDC.

***

### Creating a TWAP

To address the potential **illiquidity of Hyperliquid spot tokens**, Hypurr Fun provides the **TWAP (Time-Weighted Average Price)** tool. This feature allows you to buy or sell large amounts of tokens over a set period of time, minimizing market impact.

**How to Set Up a TWAP**

1. **Access the TWAP Widget**
   * On the **Trade Widget** of your selected token, press the **"TWAP"** button.
   * This will open the **TWAP Widget**, where you can view running TWAPs or create a new one.
2. **Create a New TWAP Order**

   * Press the **"New"** button to open the **TWAP Creation Widget**.
   * By default, the TWAP is set to **"Buy"**. If you want to sell, press the **"Buy"** button to switch it to **"Sell"**.

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3. **Configure Your TWAP**
   * **Target Notional**: Set the total notional value in USDC to buy or sell for the target token.
   * **TWAP Duration**: Specify the time period over which the TWAP will spread the purchase or sale.
4. **Start the TWAP**

   * Once your settings are configured, press the **"Start TWAP"** button to begin.

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**Monitor Your TWAP**

* Use the **`/twaps`** command to view all your running TWAPs and monitor their progress.
