Trade setting explanation

  • Slippage

    • Slippage is the difference between the expected price and the actual execution price

    • Price changes can occur between when you submit and when your transaction is executed

    • Higher slippage tolerance means higher risk but better chance of transaction completion

    • Default setting is 0% for your protection

    • Slippage percentage cannot exceed 25%

    • Keep in mind that high slippage settings make you vulnerable to sandwich attacks

  • Priority Fee

    • Paid in ETH to validators to prioritize your transaction

    • Higher priority fee = faster transaction processing

    • Helps prevent front-running attacks

  • Best Practices:

    • Start with default settings for small trades

    • Keep slippage tolerance as low as possible

    • Increase priority fee during high congestion

    • Always check transaction preview before confirming

    • Monitor transaction status after submission

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