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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