Slippage
Slippage is the difference between the expected price and the actual execution price.
Default Setting
SillySwap uses 0.5% slippage by default. This means:
- Buying HYPE: Your limit price is 0.5% above market price
- Selling HYPE: Your limit price is 0.5% below market price
This buffer ensures your orders execute even with minor price movements.
Adjusting Slippage
To change slippage:
- Click the gear icon in the swap interface
- Enter your preferred slippage percentage
- Click Save
Recommended Settings
| Market Conditions | Recommended Slippage |
|---|---|
| Normal | 0.5% |
| Volatile | 1.0% |
| Very volatile | 1.5 - 2.0% |
warning
Setting slippage too low may cause your swap to fail. Setting it too high means you might get a worse price.
What Happens If Slippage Exceeds Limit?
If the market moves more than your slippage tolerance:
- The order won't execute
- Your funds remain in your shielded balance
- You can try again with higher slippage
Strategy Execution
The automated strategy uses a fixed 0.5% slippage for all executions. This is optimized for the daily candle close when volatility is typically lower.