Terenval Crypto Glossary · Русская версия
Slippage
Definition: Slippage is the difference between an expected trade price and the actual execution price, usually caused by market movement, liquidity depth or trade size.
DEX interfaces often use a slippage tolerance that sets how much price movement the user is willing to accept before a swap fails.
How this concept appears in Terenval Wallet
Terenval can sign a compatible swap transaction, but slippage settings and execution price are determined by the dApp and underlying market.
Important: An unusually high slippage tolerance can expose a trade to poor execution or certain forms of MEV exploitation.
Try Terenval Wallet
A non-custodial mobile wallet with WalletConnect for compatible dApps.
Install Terenval WalletA non-custodial mobile wallet with WalletConnect for compatible dApps.
Related terms
- Decentralized exchange
- DEX aggregator
- Automated market maker
- Liquidity pool
- transaction verification
- smart contract
Related Terenval Answers
- How to Secure a Non-Custodial Crypto Wallet
- How to Send Crypto Safely Between Wallets
- Can One Crypto Wallet Manage Multiple Blockchains?
Sources and review
Terenval product statements are first-party information.