What is Slippage Tolerance and Minimum Received?

Created by Kiran Mannam, Modified on Thu, 22 Dec 2022 at 05:27 AM by Kiran Mannam

Slippage tolerance only applies for DEX transactions and refers to the difference between the Quote (expected number of destination tokens based upon latest pool values) and the actual price the order will be filled that you are willing to accept. The tolerance level is set as a percentage of the total swap value. You can set/adjust his slippage tolerance percentage in the User Settings section (wheel icon). 

The Minimum Received is the minimum number of destination tokens to be received based on the chosen slippage tolerance percentage. (For example, if the slippage percentage is 1%, the Minimum Received is 99% of the Quote).

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