> For the complete documentation index, see [llms.txt](https://docs.swivel.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.swivel.finance/swivel-v3.0.0/swivel-exchange/exchange-functions/splitting-combining-tokens.md).

# Splitting/Combining Tokens

How to split an underlying token into nTokens & zcTokens, or combine nTokens and zcTokens into an underlying token.

## Splitting Underlying:

If a user wants to split their underlying into nTokens and zcTokens, they can do so by navigating to the `Positions` page.

From there a user can chose a market to participate in, and can split their underlying into tokens within that market.

![](https://3515836362-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUa9tmyPufyVGMmAkKT%2F-MioFDP1_KYwlONkt9WB%2F-MioGOhO5-YtMwcycTUl%2Fsplit.png?alt=media\&token=d231efb9-c761-4d55-a472-0777fbb2a149)

![](https://3515836362-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUa9tmyPufyVGMmAkKT%2F-MioFDP1_KYwlONkt9WB%2F-MioHfqqnu68Bzry-fQe%2Fsplit2.png?alt=media\&token=aa9fc737-8b2b-4a73-ab3d-1ad578b25c7b)

1. Select `Split`.
2. Approve your underlying balance.
3. Enter the amount of underlying you would like to split.
4. Confirm the amount and then confirm the transaction in your web3 wallet when prompted.

## Combining nTokens/zcTokens:

A user can also combine their zcTokens & nTokens on the `Positions` page.

From there a user can chose a market, and can combine their zcTokens & nTokens within that market.

![](https://3515836362-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUa9tmyPufyVGMmAkKT%2F-MioFDP1_KYwlONkt9WB%2F-MioJL_dN7oRzd6To1q6%2Fcombine.png?alt=media\&token=a693ca6e-5b19-4392-918e-42609d766ecf)

![](https://3515836362-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MUa9tmyPufyVGMmAkKT%2F-MioFDP1_KYwlONkt9WB%2F-MioJqJMwgOzqN8GFVaz%2Fcombine2.png?alt=media\&token=297fdbfd-4da2-401e-84ba-a872d49cb163)

1. Select `Combine` .
2. Enter the amount of zcTokens & nTokens you would like to combine.
3. Confirm the amount and then confirm the transaction in your web3 wallet when prompted.