Whether it is a traditional financial market or a cryptocurrency market, slippage can occur whenever there are trading and price volatility scenarios. While slippage is not unique to Web3, it is more pronounced in the Web3 environment because the crypto market is much more volatile than traditional markets, and slippage occurs more frequently and magnitude. So, most DEXs allow you to set a "slippage tolerance" (e.g. 0.5%, 1%). If the actual price is outside of your tolerance, the trade will b...

Whether it is a traditional financial market or a cryptocurrency market, slippage can occur whenever there are trading and price volatility scenarios. While slippage is not unique to Web3, it is more pronounced in the Web3 environment because the crypto market is much more volatile than traditional markets, and slippage occurs more frequently and magnitude. So, most DEXs allow you to set a "slippage tolerance" (e.g. 0.5%, 1%). If the actual price is outside of your tolerance, the trade will b...