Why Slippage Occurs and How to Control It?Stonfiers! Many of you encounter transaction failure due to slippage when swapping and providing liquidity. Let's figure out what it is and how to minimize such situations.
Slippage is the change in price caused by market movements in the time between the transaction request creation and its execution. In other words, it's the difference between
the expected transaction price when you click 'Swap' and
the price at which it was executed.
Why Does This Happen?The reason is the token's high volatility, meaning its unstable price.
How Does STON.fi Prevent High Slippage?In the swap or liquidity provision settings, you'll find a special feature called 'slippage tolerance'. It sets the maximum permissible percentage change in asset price when creating a request. By default, slippage tolerance is set to 0.5%. The transaction will be executed if the price change is less than the specified value.
My Transaction Wasn't Executed Due to Slippage Tolerance. What Should I Do?Don't worry, if a transaction is failed due to slippage tolerance, your funds will remain in your wallet. To influence the transaction completion probability, you can adjust the slippage tolerance from the default 0.5% to any value of your preference.
Note that STON.fi DEX only charges fees for successfully completed transactions. However, for rejected transactions, a blockchain fee (ranging from 0.1 to 0.3 TON) is incurred. How Can I Ensure Transaction Safety?
Keep an eye on the token's market price. Trading tokens with high volatility may require increasing slippage tolerance. Remember: the higher this indicator, the higher the probability of transaction execution, but also the greater the spread between the expected price and the received tokens.
Stay tuned.
DEX | Telegram DEX | DEX Learning | DEX Guide | Blog | Ambassador program | Chat ENG | Chat ID | Chat VN | Chat RU | Chat IR
Twitter Discord
Reddit LinkedIn
