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Slippage

Slippage is the maximum execution deviation QZAR allows relative to the quote or order bound. If the minimum acceptable output cannot be met, the on-chain transaction should fail instead of accepting a worse result.

What the percentage means

With 1% slippage on a quoted output of 1,000 tokens, the transaction generally requires at least about 990 tokens, subject to route-specific calculation and fees.

Slippage is not the same as:

  • Price impact: movement caused by your own trade size in the pool
  • Priority fee/tip: payment intended to improve transaction inclusion
  • QZAR fee: the 1% platform fee on completed buys and sells

Lower slippage

Benefits:

  • Tighter protection against an unfavorable fill
  • More suitable for liquid and stable markets

Trade-off:

  • More failures when the price moves between quote and execution

Higher slippage

Benefits:

  • More room for a volatile or thin market to move and still execute

Risks:

  • Wider range of acceptable outcomes
  • More exposure to fast price movement and poor liquidity
  • Potentially larger loss if protection/routing does not prevent adverse ordering
Slippage cannot fix token restrictions
Raising slippage does not make a bad token sellable. Freeze authority, blacklist logic, transfer restrictions, removed liquidity, or an unavailable route must be addressed separately.

Choose carefully

  1. Check pool liquidity and recent volatility
  2. Reduce trade size before widening slippage aggressively
  3. Use the lowest value that works for the specific route and urgency
  4. Set a separate value for automation if copied or delayed execution is eventually enabled
  5. After a failure, inspect the on-chain error before changing the setting