πŸ’¦Slippage

Slippage defines the maximum price difference you’re willing to accept between the expected price and the actual price when executing a trade.


Why is Slippage Important?

In fast-moving markets β€” especially when trading newly launched tokens β€” prices can change very quickly. If your slippage setting is too low, your transaction might fail because the price moved before your order was confirmed.


How Does Slippage Work?

  • Low Slippage (e.g., 1-5%) Your trade will only execute if the price stays very close to your expected price. This reduces risk of overpaying but increases chances of failed transactions.

  • High Slippage (e.g., 20-50%) Gives your trade more flexibility to execute despite price changes. This can increase success rate, but may result in paying a higher price.


Use Case
Slippage Percentage
Description

Conservative Trading

1-5%

Minimal price impact, less risk

Active Trading

10-20%

Balance between success and price control

Sniping / Launch Tokens

30-50%

Higher chance to buy newly launched tokens quickly


Our Recommendation

To reduce failed transactions, we recommend setting a minimum slippage of 3%. This helps ensure your orders go through, especially in volatile markets.


How to Set Slippage in Chronyx

  1. Navigate to Settings > Slippage in the bot menu.

  1. Enter the slippage percentage you want to use (minimum 3%). You can set separate slippage values for buying and selling by clicking the respective buttons.

  1. When you click the button, you can easily set your slippage. It will be saved automatically after entering the value.

Your slippage setting will be used automatically in all trades, including Fast Buy.


⚠️ Important

  • Setting slippage too low can cause failed transactions.

  • Setting slippage too high may cause you to pay more than expected. Always find a balance based on your trading style.


➑️ Next Up: MEV Protection

After configuring slippage, learn how to enable MEV protection to safeguard your trades from sandwich attacks and other exploits. Go to MEV Protection Settings

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