Breaking it down｜Slippage is not a fee.
The difference between the price you see when placing an order and the average execution price is called slippage. Insufficient order book depth, a large order consuming liquidity across multiple price levels, or price changes in a liquidity pool while an on-chain transaction is pending can all cause slippage.
Slippage tolerance is the maximum price deviation you’re willing to accept; it is not a price the platform guarantees you’ll get. Setting it too high may mean accepting a worse price and increase the opportunity for sandwich attacks. Setting it too low may cause the trade to fail, and you may still incur gas costs on-chain.
Check the depth, quoted price, and minimum amount received before deciding whether to trade. A limit order can constrain the price, but it does not guarantee execution.
The difference between the price you see when placing an order and the average execution price is called slippage. Insufficient order book depth, a large order consuming liquidity across multiple price levels, or price changes in a liquidity pool while an on-chain transaction is pending can all cause slippage.
Slippage tolerance is the maximum price deviation you’re willing to accept; it is not a price the platform guarantees you’ll get. Setting it too high may mean accepting a worse price and increase the opportunity for sandwich attacks. Setting it too low may cause the trade to fail, and you may still incur gas costs on-chain.
Check the depth, quoted price, and minimum amount received before deciding whether to trade. A limit order can constrain the price, but it does not guarantee execution.