Why does setting slippage too high make you more vulnerable to sandwich attacks?
A sandwich attack: A bot spots a large buy order in the public mempool, buys ahead of it, then sells after it.
You can use a wallet with anti-sandwich protection or a private transaction channel to keep your trade out of the public mempool.
For market context: $ETH is trading at 2425.48 (24h: -1.62%).
If anything is unclear, leave me a comment.
A sandwich attack: A bot spots a large buy order in the public mempool, buys ahead of it, then sells after it.
You can use a wallet with anti-sandwich protection or a private transaction channel to keep your trade out of the public mempool.
For market context: $ETH is trading at 2425.48 (24h: -1.62%).
If anything is unclear, leave me a comment.