滑点

Slippage refers to the difference between the actual transaction execution price and the expected price. Slippage usually occurs when market liquidity is insufficient or trading volume is large, resulting in orders not being fully filled at the expected price, resulting in price deviations.
Slippage can occur due to the following factors:
Insufficient liquidity: When there are fewer buy and sell orders in the market, there may be large gaps in the exchange's order book, and the price difference between the buy and sell orders is large, resulting in a large deviation between the transaction execution price and the expected price. . To put it simply, there are few people buying this token. Some people only sell it at 0.5, but the price set by the buyers is 0.4. There is a large gap between them, so the order cannot be completed. Large trading volume: When trading volume is large, the market depth may not be able to meet all order demands, causing some orders to be filled at a higher or lower price, resulting in slippage. Market volatility: Prices in the cryptocurrency market fluctuate greatly, especially in times of high volatility. Order execution prices may experience slippage due to changes in market prices.