# 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.

## What it means in practice

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.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Decentralized exchange](https://wallet.terenval.com/glossary/decentralized-exchange/)
- [DEX aggregator](https://wallet.terenval.com/glossary/dex-aggregator/)
- [Automated market maker](https://wallet.terenval.com/glossary/automated-market-maker/)
- [Liquidity pool](https://wallet.terenval.com/glossary/liquidity-pool/)
- [transaction verification](https://wallet.terenval.com/glossary/transaction-verification/)
- [smart contract](https://wallet.terenval.com/glossary/smart-contract/)

## Related Terenval Answers

- [How to Secure a Non-Custodial Crypto Wallet](https://wallet.terenval.com/answers/how-to-secure-non-custodial-crypto-wallet/)
- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)
- [Can One Crypto Wallet Manage Multiple Blockchains?](https://wallet.terenval.com/answers/can-one-crypto-wallet-manage-multiple-blockchains/)

## Sources

- https://ethereum.org/en/defi/
- https://docs.walletconnect.network/
- https://wallet.terenval.com/info/security/

Official page: https://wallet.terenval.com/glossary/slippage/