Slippage
Between the moment you see a quote and the moment the swap executes, the price can move.
- Slippage tolerance is the largest change you accept. If the price moves more, the swap is cancelled instead of filling at a worse rate.
- Too low a tolerance can make swaps fail in fast markets; too high a tolerance lets you receive less than expected.
- The quote always shows the minimum you will receive. Check it before confirming.