Glossary1 min read

Slippage

The difference between an expected trade price and the price at which the trade actually executes.

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Definition

Slippage is the difference between the price expected when a trade is prepared and the execution price. Market movement and the trade’s own price impact can contribute.

Simple example

An interface previews 100 units but the transaction returns 98 within the user’s tolerance after the pool price changes.

Often confused with

Slippage tolerance is a protection setting, not a fee and not a promise that execution will be good.

Source

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