LFJ
  • Welcome to LFJ
  • Getting Setup
    • Getting Started
    • Common FAQ and Fixes
  • Trading Platform
    • Meta-Aggregator
    • Screener
  • Terminal
  • 1-Click Trading Wallet
  • Watchlist
  • Advanced Orders
    • Limit Orders
  • LFJ DEX
    • Swap
      • How to Swap Tokens
      • Price Impact, Slippage and Safe Mode
  • Liquidity
    • Liquidity Book: Primer
    • Liquidity Book Rewards
    • Joe V1 Liquidity Pools
  • $JOE Token
    • Staking
    • Bridging Your Joe Tokens
  • Liquidity Book Resources
    • Liquidity Book Guides
      • Deploying, Managing and Rebalancing Liquidity
      • Permissionless Liquidity Book Pools
      • Your Risks as a Liquidity Provider
    • Liquidity Book: Shapes and Strategies
      • An Introduction to Liquidity Shapes
      • Liquidity Strategies: Basic
      • Liquidity Strategies: Complex
      • Liquidity Strategies: Single Side
      • Rebalancing your Position
  • Additional Information
    • Brand and Ecosystem Information
      • Ecosystem Links
      • Brand Assets
      • Joe Token Emissions
    • Platform and Developer Documents
      • Network Address Screening
      • Contracts & API
      • Developer Documentation
      • Audits
  • Joepegs
    • Welcome to Joepegs
    • Platform Guides
      • How to Buy NFTs on Joepegs
      • How to Mint
      • How to Sell an NFT
    • Business Enquiries
      • Joepegs: Launchpad Questions
      • Apply for Verification
      • Joepegs: Apply for Launchpad
Powered by GitBook
On this page
  • Understanding Price Impact, Slippage, and Safe Mode
  • General Disclaimer
  1. LFJ DEX
  2. Swap

Price Impact, Slippage and Safe Mode

Price Impact, Slippage and Safe Mode

PreviousHow to Swap TokensNextLiquidity

Last updated 3 days ago

Understanding Price Impact, Slippage, and Safe Mode

Price Impact

  • Price Impact is the change in a token price that is directly caused by your trade and reflects how much total liquidity is available for the token you are trading.

  • Price Impact is directly correlated with onchain liquidity. The more Liquidity held in liquidity pools, the lower your Price Impact may be and vice versa.

Price Slippage

  • Price Slippage is the change in token price between the expected price and the executed price that you receive.

  • Slippage is the change in actual tokens between what you expected to receive to what you actually received when executing a Swap.

  • Slippage can occur:

    • During market volatility

    • Due to a lack of liquidity

  • Slippage Settings

    • You can adjust your Slippage settings to reduce the % of Slippage during Trades. If a Trade experiences Slippage that is higher than your Slippage Settings, the Trade will revert and cancel.

Safe Mode

  • If your Trade causes a price impact that is over 5% you will not be able to execute the Swap unless you turn off 'Safe Mode'. Turn off Safe Mode by clicking on the Settings button and then toggling off 'Safe Mode'.

General Disclaimer

This document is intended for informational purposes only and should not be construed as financial, legal, or investment advice. The contents of this document do not constitute an offer or solicitation to buy or sell any tokens or participate in any trading strategies. The decision to trade tokens involves substantial risk and should be made independently by the reader with consideration to their financial situation and investment objectives.