How to set slippage limit
Slippage is unavoidable in trading. When trading on DolphinSwap, users need to set the slippage limit to restrict the potential loss to a acceptable range.
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Slippage is unavoidable in trading. When trading on DolphinSwap, users need to set the slippage limit to restrict the potential loss to a acceptable range.
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Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed.
In DolphinSwap, users set the slippage limit to control the potential asset loss. Here is how you set the slippage limit.
On [Swap] page, select the tokens you want to swap and enter the amount.
2. Tap on the Setting button to set the slippage limit. The slippage limit can be too high or too low. As demonstrated in the following example, if you set the slippage limit to 0.1%, the transaction may be withdrawn, as the actual slippage occurred is higher than the limit you set.
3. Reset the slippage, raise it to 1%, and tap on [Swap]. Approve the transaction. And the tokens you just swapped will enter your EOS wallet.
