🗂️ DeFi｜AMM Automated Market Maker
· What it is: The more of a token is bought from a pool, the less remains in the pool and the higher its quoted price becomes. As a result, large orders have a greater price impact.
· How to understand it: The deeper the pool, the smaller the price impact of a swap of the same size. In other words, “more liquidity means lower slippage.”
· In practice: Before making a large one-time swap of a token with very low liquidity, check the displayed slippage. You can split the swap into several smaller ones.
$UNI 7.752（+1.83%）
#UNI
· What it is: The more of a token is bought from a pool, the less remains in the pool and the higher its quoted price becomes. As a result, large orders have a greater price impact.
· How to understand it: The deeper the pool, the smaller the price impact of a swap of the same size. In other words, “more liquidity means lower slippage.”
· In practice: Before making a large one-time swap of a token with very low liquidity, check the displayed slippage. You can split the swap into several smaller ones.
$UNI 7.752（+1.83%）
#UNI