Slippage Settings

Manage your slippage settings.

What is Slippage?

Slippage is a mismatch between the intended and actual price a trader pays for an asset. It’s either positive or negative, depending on the closing price. During "positive slippage," the trader either spends less to buy or receives more to sell a coin. In "negative slippage," the trader pays more to buy or receives less to sell.

You can learn moe about Slippage here.

Manage your slippage settings

• Run the /tradingsettings command

• Select "Trading Mode"

• There are 4 slippage modes:

  • DEGEN: always land txns as much as possible regardless of slippage (slippage can be as high as 25%)

  • OPTIMIZED: our balanced algorithm for optimizing price vs. slippage (max slippage is 15%, but attempts to get the best price)

  • STRICT: drop transactions if slippage is too high (max slippage is 5%)

  • SUPER STRICT: slippage is max 1% for every txn

• We also have MANUAL MODE. If Manual Mode is ON we confirm price impact on every trade before executing.