Intermediate
Slippage
The difference between the price you expected and the price your trade actually got.
Slippage grows with trade size and shrinks with liquidityLiquidity How easily you can buy or sell something without moving its price much.. Most decentralized exchangeDecentralized exchange A smart-contract-based marketplace where people trade tokens directly from their own wallets. apps let you set a maximum slippage. Set it too high and bots can take advantage of your trade (see MEVMEV Profit that block producers or bots can earn by reordering, including or excluding transactions.).