📊 Slippage is the difference between the expected price of a trade and the actual price at which the transaction executes.
🧮For example, if you exchange an Ethereum (ETH) for Bitcoin (BTC), it shows that you will receive 1 BTC in return when you initiate the exchange, but when the order completes, you only receive 0.95 BTC. In this case, the slippage was 5%.
💵Slippage tolerance will be determined as a percentage of the total swap value. Due to crypto volatility, Slippage Tolerance is essential because you have the option to set the amount you are willing to accept when swapping on AMMs.
🎯Sometimes, slippage costs only 0.5%. But if transaction traffic increases, slippage tolerance will also increase.
💡 Coinswap Space is an AMM and can launch new pools that can utilize smart routing and give its clients the best swapping rates, slippage, and available price impact.
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