Slippage is the difference between the expected price of a trade and the actual executed price.
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Short definition
Slippage is slippage is the difference between the expected price of a trade and the actual executed price.
Simple explanation
In DEX trading, price can change before a transaction confirms, especially in low-liquidity or volatile pools.
Why it matters
High slippage settings can lead to worse execution or make users more exposed to unfavorable trades.
Example context
A user expects 100 tokens but receives 95 because price moved before the swap was confirmed.