3.1 - Slippage & Price Impact
Two sides of the same coin. Both affect how much you receive from a swap.
Slippage is the difference between the price you see when you submit a swap and the price at which it actually executes. It occurs because the AMM curve moves as your trade executes, and other transactions may land before yours.
Slippage settings
Stable pairs (USDH/USDC)
0.1%
Standard pairs (most tokens)
0.5% (default)
Volatile or thin liquidity pairs
1–2%
Too tight: transaction reverts with "slippage exceeded" — you pay gas but get nothing
Too loose: you may receive significantly less than expected, especially in thin markets
Slippage tolerance is a maximum you're willing to accept — it doesn't mean you'll always lose that amount. Most swaps execute near the quoted price.
Price Impact
Price impact is how much your trade moves the price of a pool. Large trades in pools with low liquidity have high price impact — meaning you receive worse execution than the market price suggests. AMM pools use a mathematical curve (x × y = k for Classic pools, or concentrated ranges
for CLAMM) — the larger your trade relative to pool reserves, the more the price moves.
Always check price impact before confirming. The app shows it before you confirm — if it's above 1–2%, consider splitting the trade or waiting for deeper liquidity.
Reducing price impact
Split your trade: break a large trade into several smaller ones over time
Trade through deeper hubs: route via USDH or WHYPE which typically have deeper liquidity
Trade smaller sizes: if the pool is thin, accept less or wait
Check routing: the router may find a multi-hop path with lower total impact
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