Slippage

Learn how to modify your slippage.

When trading coins, volatility can be extremely high. This is particularly true for pools with low liquidity. Slippage is the difference (in %) between the token price when you initiate the transaction and the price at which you actually buy the token. Using Aura, you can choose between auto and manual slippage.

Modify your slippage

To modify your slippage, click on the Set Slippage button . This parameter is a ratio, if you enter 10, your slippage will be 10% on your coin manual trades. By default, the slippage is set in auto mode, which means Aura will adapt it between 0.5% and 5% depending on the pool conditions. To reset the auto mode, you can just leave the field empty or enter 0.

How to use slippage ?

Understanding how slippage works is essential for trading wedges. If between the time you launch the transaction and the time it is confirmed, there are trades on the pool, then the number of tokens you receive will vary. from your expectation, from what "you sign for". For example, if your slippage is 5%, you will either receive at least 95% of the expected tokens, or the transaction will be cancelled.