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Slippage

The difference between the expected and actual price when making a trade.

Slippage happens when the price changes between the moment you place a trade
and the moment it’s executed.
It’s common in fast or low-liquidity markets — the final price you get
may be slightly worse or better than expected.

Why it matters

  • High slippage can reduce profits or increase losses
  • It’s worse with large trades or low-volume tokens
  • Most exchanges let you set a maximum slippage tolerance to protect yourself

💡 Lanzo Tip

When trading on DEXs like Uniswap, set your slippage tolerance carefully —
too low and your trade might fail, too high and you might overpay.