Slippage

Slippage refers to the difference between the expected price of a trade and the actual execution price of the trade due to market volatility and liquidity. To mitigate slippage, users can use limit order, which allows you to set max/min price for a trade.

Slippage may occur in the following scenarios

• Buy/stake FLP

• Sell/unstake FLP

• Market swap

• Market open/increase position

• Market close/decrease position

However, there is no slippage in

• Limit order for swap

• Limit order to open/increase position

• Limit order to close/decrease position

You may adjust the slippage tolerance via Setting:

Default slippage is set at 0.50% when opening a position.