Slippage
The difference between the expected price and the actual execution price of a trade.
intermediate
trading
Explained Simply
Slippage occurs when a trade executes at a different price than expected, usually because of low liquidity or rapid price movement. On DEXes, you can set a 'slippage tolerance' — the maximum price difference you'll accept. High slippage is common with memecoins and low-liquidity tokens. On centralized exchanges, using limit orders instead of market orders eliminates slippage.
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