Slippage
Slippage is the difference between the price you expect and the price you actually get on a trade. It happens when your order moves the market — especially
Slippage is the difference between the price you expect and the price you actually get on a trade. It happens when your order moves the market — especially in thin liquidity pools. DEXs let you set a “slippage tolerance”: approve up to 1‑3% worse than quoted, or the trade fails.
Why it matters
Setting slippage too high lets sandwich bots front-run you for the maximum difference; too low and valid trades fail repeatedly. Understanding slippage is a basic DEX survival skill — and a big trade in a thin pool is a rug pull risk signal.
Related terms
decentralized exchange ·
liquidity · transaction