⏩Swap Factors

Slippage

Despite the fact that token swaps happen relatively quickly on the blockchain, there may still be a (often little) price variation between what you see when you submit a swap transaction and what applies when the transaction is registered. "Slippage" refers to this pricing discrepancy.

A "slippage tolerance" number, or the pricing difference you are prepared to accept while the deal is completing, is chosen when you submit a swap on the DEX. The default slippage tolerance is 0.50%, while it can be anything between 0.10% and 1.00%. However, the deal will fail if the price difference between the submission and confirmation of the transaction exceeds that sum.

If the token you are trading has a reflect fee, then the slippage tolerance will need to meet or exceed the reflect fee percentage for the trade to succeed.

Price Impact

Slippage occurs not only from the change in prices from other user's trades, but also from the trade you submit. This is called "price impact", and it's expressed in percentage at the bottom of the swap module. If your slippage tolerance is below the price impact of your trade, the trade will fail.

Tx Deadline

Swaps have a default transaction deadline of 20 minutes before they time out and fail. This ensures that incomplete transactions do not remain in your wallet indefinitely. You can adjust this time limit in the settings of the Swap page.

Expert Mode

Expert Mode turns off the Confirm transaction prompt and allows high slippage trades that can result in bad rates and lost funds. Expert Mode can also allow you to send the tokens you're trading into to an address other than your own. We recommend you enable this mode only if you are an experienced user who understands these risks well.